(Bloomberg) -- Japan's two major equity benchmarks have moved mostly together over the years. That changed this month following the latest meeting by the Bank of Japan, which boosted its purchases of exchange-traded funds as part of its easing program. The BOJ's heavier allocation to ETFs tracking the Nikkei 225 has helped push the gauge to its highest level versus the Topix index in 18 years.
To contact the reporter on this story: Anna Kitanaka in Tokyo at akitanaka@bloomberg.net. To contact the editors responsible for this story: Michael Patterson at mpatterson10@bloomberg.net, Jake Ulick
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