The U.S. economy, once a concern for investors, is now driving stocks higher.
More Quotes from Mitsushige Akino:
But strong buying interest appeared to beat profit-taking in the end.Mitsushige Akino
Sony and Sanyo are coming up with more aggressive restructuring. But investors are now buying companies that can post strong growth without restructuring,
Mitsushige Akino
Active buyers may opt to pocket gains quickly ahead of a string of holidays starting tomorrow. This would cap further gains.
Mitsushige Akino
Some offshore investors secured cheaper funds here in yen for investing in Japanese equities. They appeared to be nervous as they consider an end to the current ultra-loose monetary policy by the Bank of Japan would increase their costs.
Mitsushige Akino
It's not really that overseas investors are negatively reacting to Japanese stocks overall but rather... they are waiting for results, worried about rising oil prices and higher interest rates.
Mitsushige Akino
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