The banks' sub index lost 15 percent in the past month. The broad Topix index was unchanged at 1307.52. Singapore Singapore's Straits Times Index rose for a third day, adding 4.51 to 1679.13. Adding to gains, developers rose as the government's decision to cut the amount of residential land it will sell in 2001 by as much as 43 percent may bolster real estate prices. Hong Kong Hong Kong's Hang Seng Index gained 124.14 to 13,576.01.
Investors are still very selective.
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