Japanese issues were strong after the Tokyo market rose 140.56, to a new high of 32,452.49.
In the late 1980's the Tokyo market grew so big, but it was just a matter of size, not quality.
Tokyo markets had been closed Friday for a national holiday.
In 1987 the Tokyo market suffered the least when all the world's markets crashed.
The fall in the Tokyo market since then has cut the percentage to around 27 percent.
I don't see any other way but to continue to deregulate this Tokyo market.
The Tokyo market was up 13 percent in local currency.
The Tokyo market, everyone said, did not reflect underlying economic forces so much as it served specific needs.
Less than 30 percent of corporate stock is traded on the Tokyo market.
Investors overseas began looking more closely at the Tokyo market, and many did not like what they saw.