The market is dragged down by profit-taking, with shares that made gains recently under selling pressure.
More Quotes from Hideo Mizutani:
Uncertainties over how Toshiba will run the nuclear power business and its financing scheme for the acquisition prompted investors to sell.Hideo Mizutani
Higher interest rates result in higher capital procurement costs -- when they borrow money from banks, for example -- hurting their investment.
Hideo Mizutani
The yen did not strengthen in light of the end of the ultra-loose monetary policy which provided comfort to market players.
Hideo Mizutani
It's a tug-of-war between investors choosing to pocket gains after the Nikkei surged to its highest level since August 2000 yesterday and those chasing bargains on optimism about a steady economic recovery.
Hideo Mizutani
Because of the uncertainties over exchange rates, investors were hesitant to chase export-oriented shares, and instead, went for domestic-demand-oriented shares.
Hideo Mizutani
Readers Who Like This Quotation Also Like:
Based on Topics: Sales Quotes, Selling QuotesBit parts in Mediocre TV shows won't develop your acting chops.
Stephen Collins
Anything important is never left to the vote of the people. We only get to vote on some man; we never get to vote on what he is to do.
Will Rogers
Corruption, the most infallible symptom of constitutional liberty.
Edward Gibbon