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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?

To: borb who wrote (1549)	11/1/1998 3:52:00 AM
From: fut_trade	Read Replies (1) \| Respond to of 3902

>They have used up most of the land. With limited land left, real estate price will go up. You are mistaken. The New Territories are big and there is massive expansion happening as I speak. As I look out my window now -- many, many high rise (40+ floors) apartment buildings are going up fast (each one is wrapped in a coat of bamboo scaffolding and green vinyl netting. These will become parts of the new "minicities". Hong Kong is being transformed for big population expansion and management. These are my personnal observations.

To: borb who wrote (1549)	11/3/1998 10:04:00 PM
From: chirodoc	Respond to of 3902

Nikkei up 3.26% at midday on Morgan Stanley move TOKYO, Nov 4 (Reuters) - Tokyo's Nikkei average soared more than three percent by midday on Wednesday, as sentiment turned bullish on news that Morgan Stanley Dean Witter's top global investment strategist Barton Biggs had raised his Japan equity weighting, traders said. Gains in overseas markets for the past two days also encouraged Tokyo, they said. The 225-share Nikkei average was up 3.26 percent or 455.48 points at 14,408.23. December Nikkei futures were 440 points higher at 14,440. Tokyo markets were closed on Tuesday for a national holiday. ''Biggs' comment boosted buying orders by foreign investors, which played a big role in the market,'' said Hiroshi Arano, general manager of the investment trust management department at Dai-Ichi Kangyo Asahi Asset Management Co Ltd. Biggs said in global strategy comments issued on November 2: ''I am increasing my Japan weighting to 75 percent of the index weight from 40 percent and funding the addition by reducing cash and selling some European equities, particularly Germany.'' The news prompted aggressive purchases by foreign investors. Before Wednesday's session opened, they placed as many as 40.2 million shares worth of buy orders through 11 foreign securities houses, against 21.9 million sell orders.