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.
Share prices rose on the back of the gains on Wall Street overnight.
Share prices gained due to upbeat market sentiment.
Sentiment's quite neutral now after the initial selling, and investors are now taking a wait-and-see stance ahead of economic indicators,
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.
Here, investors are looking ahead to the BOJ meeting and at the end of the week we'll be awaiting U.S. jobs data. With these factors ahead, I don't think stocks will be able to move much at all today.
It is hard to tell how far share prices will sink at this point.
Stability is somewhat returning to stocks, which took a hit earlier this week due to concerns that the Bank of Japan may raise interest rates earlier than previously thought.
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.
The fact that there is internal conflict (at Sony) is hardly good for investors' trust.
We were seeing favorable economic indicators recently and improvement in the supply-and-demand balance. I would say this is a best scenario.
Cyclical shares are likely to gain on the data and the market has started to buy those that are particularly undervalued.
The rise in the afternoon was due to domestic investors ... they haven't been buying lately and they took their cue from foreign investors.
A cut of 0.5 percent is well expected, but more important for Japan will be how U.S. stocks react.
The yen's rise and uncertainty over possible (dollar-supporting) intervention made players take a wait-and-see stance.
Everyone's bonuses were a little bit better this year, and they've seen the value of their assets increase, so if you go to an electronics store now there are a lot more people.
Stocks were hit by a double-shock of New York plunge and the Nikkei reshuffle. The New York tumble was already factored in, but the reshuffle will continue to hurt the market for the rest of the week.
The U.S. economy is trotting away from its soft patch, while Japan has begun to move away from its own. These movements show that fundamentals are strong.
If the United States raises rates broadly, such as past the 5 percent mark, then we would certainly see some damage in Japan, but with the way things are right now, I don't think it is much of a worry.
Investors aren't waiting for anything specific, but they do expect leaders to talk more about breaking down barriers. Also, the word IT will be in headlines for a while and that's a supporting factor in itself.
The market looks likely to pause today rather than extending the past pace of its rally.
The market is under pressure from three E's -- energy, euro and earnings. With third-quarter results about to come out in the U.S., investors are not so eager to take positions now.
The market is under pressure from three E's -- energy, euro and earnings, ... With third-quarter results about to come out in the U.S., investors are not so eager to take positions now.