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Sunday, July 1, 2007 7:12 am

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Net investors - still profiting, but down to 1/3 of last year

Private investors who use the internet to to do stock transactions made an average profit of 277,000 yen ($2,250) last year, it was learned Sunday from a white paper presented by the Japanese securities company JoinVest Securities.

In comparison to last year’s survey, the average profit has shrunk to less than a third from 864,000 yen ($7,000). This decrease was put down to last year’s “Livedoor shock”, from which the market is only recovering slowly.

The white paper also contained sex-specific statistics. The average profit for the male investor was 185,000 yen ($1500), while for female investors it was 504,000 yen ($4,100), 2.7 times the profit the men had made. This is a sharp contrast to last year’s survey, where men averaged 1,109,000 yen ($9,000) and women 390,000 yen ($3,200).

Male respondents reportedly said they would invest an average of 133,000 yen ($1,100) of their summer bonus in the stockmarket, women only 69,000 yen ($550).

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