Fear of flying

Article Abstract:

Japanese stock prices have risen in 1999 in both dollar and local currency terms. Stock prices tend to rise in spring time in Japan, with public funds called on by the finance ministry to buy stocks as a duty. Foreign buyers have been important in spring 1999, howeve, and they appear to see banks as undergoing a recovery, and major companies as undergoing a restructuring process. It is not certain that either of these processes can be relied on. Foreign investors may also be concerned that they could miss a rally in Japanese stock prices.

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Swapping parts: Japan's stockmarket

Article Abstract:

Domestic investors bought most Japanese shares in the late 1980s, when the Nikkei index was skyrocketing, but in 1996 it is foreign investors who are buying while the Japanese have been selling. Various indicators point to healthy growth in Japan, making the foreigners seem the wiser investors.

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Southward ho!

Article Abstract:

The performance of Japanese stock prices and the economic implications of depressed stock prices are examined in detail.

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Subjects list: Japan, Stock-exchange, Stock exchanges, Exchanges, Economic aspects
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