TOKYO -- While the Bank of Japan has ended its unconventional purchases of exchange-traded funds without stirring up the equity market, the absence of its support could be felt in a downturn.
After splurging on roughly 70 trillion yen ($461.73 billion) of ETFs over 14 years to support the country's stock market, the central bank scrapped the purchase program Tuesday as part of its historic shift away from aggressive monetary easing.
