The Tokyo stock market appears poised to stage a rebound after confirming a double bottom. Currently, low- and midpriced issues dependent on domestic demand are attracting selective buying interest, while high-technology stocks, especially information-tech issues, remain in a correction. Advances in management reforms are affecting the ...
Major factors driving the corrections last month on the Tokyo stock market were steep reactionary price falls in the information technology sector and foreign investors' sales following tumbles in New York stock prices. Another downside factor was the April 24 reshuffle of the 225-issue Nikkei ...
The Tokyo stock market has entered a consolidation phase since the key Nikkei average climbed past the 20,000 level early this month. The market's topside is capped by the seasonal liquidation of cross-shareholding ties ahead of book-closings at the end of March and sales by ...
Stock trading in Tokyo is expected to show a strong undertone for the time being, with the key Nikkei stock average testing 20,000. The Nikkei rose above 19,000 on Jan. 4 when the market opened for the year. Subsequently, trading has become highly volatile, reflecting wild ...
