Tech companies are still facing a tough time with drops in product prices.
More Quotes from Soichiro Monji:
Foreign interest in Japanese shares, whether it's oil money or otherwise, is very strong.Soichiro Monji
Lenders can make plenty of money as long as there is demand for loans. That's what we are starting to see. Real estate developers are also benefiting as demand increases.
Soichiro Monji
Tokyo Electron's earnings revision gave the opportunity for investors who were waiting to buy technology shares. Investors are turning positive toward technology companies.
Soichiro Monji
Cheaper crude prices eased investors' concern about corporate earnings. A drop in the yen helped lift exporters' shares.
Soichiro Monji
Increasing concern about the direction of monetary policy is a minus for the stock market. A stronger yen against the dollar also negatively affects exporters.
Soichiro Monji
Rising commodity prices are now becoming a concern, adding to speculation that U.S. rates will continue to rise. Yesterday's gain may also prompt some profit taking.
Soichiro Monji
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