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Tokyo Stocks May See Correction Next Week

Tokyo Stocks May See Correction Next Week

   Tokyo, Aug. 15 (Jiji Press)--Tokyo stocks may face increased selling pressure next week amid a sense of overheating following their recent rapid advance.
   This week, the benchmark Nikkei 225 average surged 1,557.83 points, or 3.73 pct, to close at a new all-time high of 43,378.31 on Friday, as large-cap stocks attracted buying amid growing speculation of an early interest rate cut by the U.S. Federal Reserve.

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AFP-JIJI PRESS NEWS JOURNAL


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