We were seeing favorable economic indicators recently and improvement in the supply-and-demand balance. I would say this is a best scenario.
More Quotes from Hiroyuki Nakai:
Since the U.S. election ended with the expected Bush victory, the market's focus has moved to U.S. corporate earnings and monetary policy there.Hiroyuki Nakai
The yen's rise and uncertainty over possible (dollar-supporting) intervention made players take a wait-and-see stance.
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Local market sentiment was also buoyed by overseas investors, who had placed large net buy orders ahead of the market opening today. This helped prompt retail investors here to step up purchases.
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Share prices rose on the back of the gains on Wall Street overnight.
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The fact that Mori is selling the property for two to three times more than the prices of other properties in the area is really something and it seems to have captured everyone's attention.
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Based on Topics: Balance QuotesBased on Keywords: supply-and-demand
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