Japan imports a stock rally
Article Abstract:
The influx of foreign investors in Japan in January 1998 enabled the country's stock market to rally in a 15% run-up that has helped the country to rank as one of the best-performing markets in 1998 worldwide. Buy orders via foreign brokers at the market opening exceeded sell orders by roughly 286 mil shares as there were indications that the government would embark on a more aggresive drive to boost the economy. According to research by HSBC Securities Japan Ltd, Japanese investors now own less than 20% of shares outstanding, as opposed to some 30% in 1980.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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Small-cap stocks flounder
Article Abstract:
Japanese over-the-counter stocks have been struggling to recover as the Jasdaq index recorded its fourth consecutive week of massive losses. Almost 50% of companies under Jasdaq were compelled to offer their stocks 20 times lower the expected earnings as a result of stocks' poor performance. As stock index reach a record low of 35.56, household spending, automobile, retail and manufacturing sales are also expected to suffer.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Pros comb over Japan stocks
Article Abstract:
The Japanese stock market is floundering due mainly to the country's stagnation and investors are advised to choose wisely among stocks in stable industries such as the automobile and electronics sector. The economic future of such leading companies as Toyota Motors and Honda is assured despite the adverse national economic situation. Thus, their stocks are highly valued. The same goes with the stocks of Sharp and TDK.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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