NIK:
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"I think the Tokyo is reacting more to Wall Street's negative reaction than to the Fed's decision itself," said Yosuke Shimizu, head of the investment information centre at Monex Inc. But he and some other investors felt the market had dropped too much.
"Since the cut was basically as expected, the Wall Street fall seems a bit overheated," said Takahiko Murai, general manager of equities at Nozomi Securities.
"After all, there's a sense that the Fed could move again in January, which is giving the market some support."
But the market was expected to move lower in the absence of buyers as investors remained wary ahead of big events at home, including the Bank of Japan's tankan survey of corporate sentiment and the settlement of stock options and futures, both due on Friday."""
IHI CORPORATION 206 -33 -13.80 %
KAWASAKI HEAVY INDUSTRIES LTD 348 -9 -2.52%
MITSUBISHI ESTATE CO LTD 2905 -80 -2.68%
TOSHIBA CORPORATION 885 -21 -2.31%
NIKON CORPORATION 3850 0 0
SANYO ELECTRIC CO LTD 217 +1 +0.46%
YAHOO JAPAN CORP 53300 +1400 +2.69%
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