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This may be good for Asahi, but it doesn't change weak economic fundamentals and the fact that no viable policy concerning the sour-loan dilemma has emerged from the government.
Hidenori Karaki
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Sentiment has not weakened significantly, and there's plenty of demand out there for stocks like Teijin.
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Techs had been leading Tokyo's recent advance along with banks. Even though growth potential is bright for high-techs, they are not free from profit-taking now and then.
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Some of the Kmart issue was worked in during the previous session. The data out of the U.S. still points to an economic recovery.
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The Nasdaq ended mostly unchanged last Friday, and some investors bet it was a good chance to hunt for bargains.
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(The strong) yen is responsible for today's decline. Electronics shares, for example, would have performed much better without it.
— Hidenori Karaki
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