Foreign buys of Japan stocks hit 7th-highest value since 1982 in January

Nikkei average records its highest since February 1990 as SoftBank, Renesas soar

20240209 nikkei stock average 37000

The Nikkei Stock Average reached its highest level in 34 years. (Photo by Sae Kamae)

Nikkei staff writers

TOKYO -- Foreigners purchased a net 2.07 trillion yen ($13.4 billion) in Japanese stocks in January, the seventh-highest monthly amount on record, spurred by strong earnings and corporate efforts to raise low price-to-book ratios.

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