Analysts predict limited market fallout following Ishiba's election

Incoming PM expected to take moderate agenda that will calm markets

YUKA CHIBA, CHIHIRO KUSUNOKI, TOSHIYUKI TANAKA and HIROFUMI HASEBE, NQN staff writers

TOKYO -- The benchmark Nikkei Stock Average fell sharply on Monday following Shigeru Ishiba's election as leader of the ruling Liberal Democratic Party, a drastic market correction over concerns that the incoming prime minister will raise taxes on the investor class.

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