Mitsushige Akino Appeared Quotations

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.

But strong buying interest appeared to beat profit-taking in the end.

Some investors focused on domestic demand-led sectors, while high-tech firms appeared to be weaker due to lingering worries over the firmer yen.

The core nationwide CPI emerged largely in line with market consensus forecast, so market's initial reaction appeared to be generally limited. There's no fundamental reason to actively sell shares below the 15,700 mark.