Foreign investors purchased a net 955.7 billion yen ($6.46 billion) of Japanese stocks between Jan. 9 and 12, the largest amount since June, according to Tokyo Stock Exchange data. (Nikkei montage/Source photos by Nanami Sato and Toshiki Sasazu)

Foreign traders, Chinese fuel Japan's market rally in new year

First-time investors to country entered with low-cost passive investments

LISA KIM and WATARU SUZUKI, Nikkei staff writers

January 22, 2024 06:00 JST

TOKYO -- Global investors are piling into Japan, fueling the country's equity market this year amid a weaker yen and dampened prospects of the central bank's exit from its negative interest rate policy.