Soichiro Monji
Soichiro Monji
attracting based buying companies earnings investor large outlook stable start
As the earnings start we may see more buying come in based on the figures. Large companies with stable earnings outlook are attracting investor attention.
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Companies in Japan still have potential to boost their profits and investors are betting on the strength of the economy.
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The bright spot right now is the commodity stocks given the rising raw material prices.
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Gold and oil prices have risen to a level most people weren't expecting, supporting related company shares.
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Rising commodity prices are now becoming a concern, adding to speculation that U.S. rates will continue to rise. Yesterday's gain may also prompt some profit taking.