Now that selloffs by foreign investors that have buffeted the Tokyo stock market for months have finally eased, market participants are showing more gumption.
Although occasional volatility may be inevitable along the way, given the improved market sentiment, high-priced activity appears to be in the offing.
There appears a good chance that the 225-issue Nikkei average will recover the 17,500 level it lost early last month, though the possibility of its fall back to 16,000 cannot be ruled out.