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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who wrote (43360)	10/18/2001 10:34:25 PM
From: Dealer	Read Replies (1) of 65232

Asia Markets Nikkei slightly up, but DoCoMo drops By Mariko Ando, CBS.MarketWatch.com Last Update: 8:50 PM ET Oct 18, 2001 TOKYO (CBS.MW) -- Stocks in Japan opened slightly higher Friday morning, as upward momentum in the technology sector offset telecom losses highlighted by cell phone giant NTT DoCoMo. DoCoMo's shares (NTDOY) (9437) dropped 1.2 percent to 1.65 million yen shortly after the open. The daily Nihon Keizai reported that DoCoMo plans to post a loss of about 400 billion yen ($3.30 billion) on its shareholdings in KPN Mobile as early as in its half-year earnings results. DoCoMo representatives weren't immediately available for comment. In morning trading, the Nikkei Average added 14.84 points, or 0.1 percent, to 10,489.69. The broader TOPIX shed 0.2 percent to 1,066.14. In Sough Korea, the benchmark Kospi fell 0.4 percent to 521.93 points and Australia's All Ordinaries Index fell 0.4 percent to 3,121.50 in early morning session. The dollar fetched at 121.24 yen early morning Tokyo, up slightly from 121.10 yen in New York late Thursday. --------------------------------------------------------------------------------

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