11. New Zealand share prices closed lower, with brokers saying the local market mirrored a fall on the U.S market Friday and investor caution relating to domestic political uncertainty. 12. The A and B share indices ended lower amid growing investor caution during a national financial meeting in Beijing, analysts said. 13. The lack of decisiveness in the market gave an indication of continuing investor caution amid economic uncertainty. 14. The rest of the market was affected by investor caution as more discouraging news comes out of Argentina with the resignation of Economy Minister Jorge Remes Lenicov. 15. The turbulence in Mexico will further dampen the once- headlong rush into emerging markets, adding to growing investor caution, a group of bankers said Wednesday. 16. Traders also blamed investor caution ahead of more corporate earnings announcements for the early weakness in Tokyo stocks. 17. Why the early investor caution in a country where online trading rivals Beanie-baby collecting as a hobby and where people are investing more than ever? 18. A broker said strong investor caution over high levels of open positions in the March contract left the market exposed to futures-linked dealing. 19. Also prompting investor caution were rumours that US and Chinese investors may sell the dollar to take quick profits on its latest move, a dealer said. 20. But he said recent share price declines were a symptom of investor caution and the effect of dollar-yen exchange rate movements was being monitored closely. |