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Politics : Formerly About Applied Materials

AMAT 256.41

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Dec 19 9:30 AM EST

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To: StanX Long who wrote (59926)	2/4/2002 12:57:55 AM
From: StanX Long	Read Replies (1) of 70976

Techs, banks lead Tokyo stocks lower Honda gains in face of negative market sentiment By Mariko Ando, CBS.MarketWatch.com Last Update: 10:51 PM ET Feb. 3, 2002 www2.marketwatch.com{4BF2A399-8E45-47C5-BE4B-C0E30DB41FA4}&symb=NIPNY&sid=3267&siteid=bigcharts&dist=bigcharts TOKYO (CBS.MW) -- Japanese stocks sag by midday Monday as investors showed signs of nervousness over further disappointments in quarterly corporate results and seemed increasingly skeptical of Prime Minister Junichiro Koizumi's leadership in handling structural reforms. Tokyo stocks fall amid earnings, political jitters December's semiconductor sales off 4% from November Business leaders: recovery remains elusive Productivity gains should give Fed breathing room Latest dispatches from the Davos forum The leading Nikkei Average lost 110.16 points, or 1.1 percent, to end the morning session at 9,681.27. The gauge now stands only 180 points above a post-bubble closing low of 9,504.41. On Friday, the Nikkei had fallen below the Dow Jones Industrial Average for the first time since 1957. The broader Topix was down 0.9 percent at 947.39, poised to set a new 17-year closing low. Selling accelerated on published surveys of plunging approval ratings for Koizumi, which raise concerns in investment circles about his ability to carry out radical economic and reforms.

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