Brokers invite the brave

Article Abstract:

Some Asian financial analysts believe that investing in Japanese securities firms in 1998 can be a potentially lucrative move in the next three to five years. Leading firms such as Daiwa Securities Co., Nikko Securities Co., and Kokusai Securities Co. are being eyed by investors as good buys. Despite recent racketeering scandals in the Japanese industry which have driven share prices lower, the firms are still considered market leaders who will hold significance after the industry is deregulated. Daiwa and Nikko have lost some $96 million and $136 million, respectively, from penalties for paying off an alleged racketeer.

Security and Commodity Services, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Finance, Securities industry, Nikko Securities Company Ltd., Daiwa Securities Company Ltd., Kokusai Securities Co.

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Mirroring bumpy US ride

Article Abstract:

Shares of Japanese blue-chip companies have shown growth similar to US counterparts. Shares of companies such as Canon, Toyota, Sony and Honda have grown considerably in recent years, primarily because of a large market share internationally and domestically. However, the continuing Asian economic crisis coupled with the political and financial instability in Russia, have threatened the market. Sony's operating profit dropped 4.9% in July 1998 due to declining prices of its products in Asia.

Asia, Blue chip stocks

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Bargains beckon in Tokyo; strategists turn keen on fallen share prices

Article Abstract:

Investors in Japan are now buying shares at relatively low prices after the Nikkei Stock Average declined 2.2%. Investment companies are now taking advantage of the cheap opportunities in Japanese securities mostly in the basic industries sector. Shares in Suzuki Motor dropped 8%, 4.3% for Nissan Motor, 14% for Amada, while Hitachi Zosen dropped 5%.

Stock-exchange, Stock exchanges

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