(Bloomberg) -- Japan's Topix index dropped, led by lenders including Mizuho Financial Group Inc., after a quarterly report by the Bank of Japan showed slowing growth in corporate demand for loans.
``Slowing loan demand is one more negative piece of news for bank stocks, which have been sold on the outlook that their profit margin will not improve anytime soon,'' said Kimiyoshi Saito, who helps oversee around $18 billion at Chuo Mitsui Asset Management Co. in Tokyo.
Read more at Bloomberg Stocks News
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