ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Markets

Japanese stocks catch fire with global investors, but not at home

Foreigners' net purchases jump to $5.3bn in eighth straight week of buying

Japanese retail investors are especially reluctant to join the stock-buying spree.   © Reuters

TOKYO -- Even as foreign investors bought more Japanese stocks than they sold yet again last week, driving prices to three-decade highs, domestic market players have persisted in selling, Tokyo Stock Exchange data released Thursday shows.

Net buying by foreign investors totaled 747.6 billion yen ($5.35 billion) between May 15 and May 19, up 32% from the previous week. This extended the streak into an eighth week -- the longest since June 2017. A net 3.6 trillion yen in stock was purchased over that period, the largest eight-week sum in nearly a decade.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more