Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Mohamed PIRIS
Dec 16, 2022 7:45AM ET
mo
1
0
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
⏰ React to the Market Faster with Custom, Real-Time News Get Started
Foreigners turn net buyers of Japanese stocks last week
© Reuters. A man watches an electric board showing Nikkei index outside a brokerage at a business district in Tokyo, Japan, June 21, 2021. REUTERS/Kim Kyung-Hoon/Files
(Reuters) - Foreign investors were net buyers of Japanese stocks last week, as worries about the U.S. Federal Reserve's interest rate hikes eased and sentiment improved after China eased its COVID-19 restrictions.
Overseas investors purchased Japanese stocks worth a net 338.5 billion yen ($2.50 billion) in the week ended Dec. 8, after selling a net 781.55 billion yen worth in the previous week, data from exchanges showed.
Foreign flows into Japanese stocks https://fingfx.thomsonreuters.com/gfx/mkt/mypmookeapr/Foreign%20flows%20into%20Japanese%20stocks.jpg
They accumulated derivatives worth a net 418.27 billion yen but disposed of cash equities of 79.77 billion yen. According to the data, they have been net sellers of about 2.8 trillion yen worth of Japanese stocks so far this year.
Japanese shares jumped more than 1% last Friday, tracking a surge in Wall Street indexes that day, as investors inferred data showing a rise in weekly U.S. jobless claims as a sign the pace of the Federal Reserve's interest rate hikes could soon slow.
The Nikkei share average and the Topix index, both gained about 0.4% last week, after a week of decline.
Data showed cross-border investors drew a net 6.14 trillion yen worth of Japanese bonds last week, which marked their biggest weekly net purchase since Jan. 2021.
Meanwhile, Japanese investors obtained about 246.5 billion yen worth of foreign equities in a second straight week of net buying but exited overseas bonds of 736.7 billion.
Japanese investments in stocks abroad https://fingfx.thomsonreuters.com/gfx/mkt/zgpobbkxdvd/Japanese%20investments%20in%20stocks%20abroad.jpg
($1 = 135.6000 yen)
Related Articles
Comments (1)
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.