Buffett effect: Overseas investors buy over $7bn in Japan stocks in week

Financier's remarks, easing bank turmoil spur highest net purchases in 9 years

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Warren Buffett, CEO of Berkshire Hathaway, told Nikkei in a recent interview that he plans to invest in more Japanese stocks. © Reuters

KENTA SHINOZAKI, Nikkei staff writer

TOKYO -- Overseas investors bought a net 1.05 trillion yen ($7.83 billion) in Japanese stocks during the five trading sessions through April 14 as billionaire investor Warren Buffett signaled his confidence in the market.

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