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Politics : Idea Of The Day

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To: Burjis S. who wrote (14019)	11/12/1997 1:30:00 AM
From: Burjis S.	Read Replies (1) of 50167

TOKYO, Nov 12 (Reuters) - Tokyo stocks finished the Wednesday morning session moderately lower, failing to extend yesterday's rebound. Brokers said that many market participants were opting for the sidelines ahead of the Liberal Democratic Party's second package of economic stimulus measures due out later this week. At midday, the Nikkei 225 was down 235.86 points or 1.49 percent at 15,631.37. Its December futures were down 260 at 15,580. ''Half of the market is sceptical that anything strong will appear,'' Seiki Orimi, Dai-Ichi Securities analyst, said. ''But there have been times in the past when economic plans successfully pulled stocks out of their doldrums and investors are waiting to see what exactly is announced,'' he added. ^REUTERS@ 21:26 11-11-97

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