‘Amplified effect’
The rise in value stocks “indicates that the BOJ isn’t going to slow the economy too much or slow things too quickly,” said John Vail, chief global strategist for Nikko Asset Management Co. in Tokyo. “It suggests investors thinkBanks are a good example. Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc.
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