TOKYO (Nikkei)--In an interview with The Nihon Keizai Shimbun following the steep fall of share prices Monday morning, Tetsuo Inoue, chief strategist at UAM Investment Trust Management Co., attributed the market's decline to the worsening share supply-demand balance. He said the correction will likely continue for some time, as foreign investors are unlikely to resume long-term investing before early December.
2) Nikkei Falls On Concern About Sustainability Of Recovery
TOKYO (Nikkei)--The Nikkei Stock Average's sharp fall below the 10,000 mark Monday morning can be attributed to uncertainty among investors as to whether Japan's burgeoning export-driven economic recovery is really sustainable, said Masatoshi Sato, senior strategist at Mizuho Investors Securities Co.
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