Economic news

Foreigners turn net buyers of Japanese stocks in week to May 6

2022.05.12 10:37

Foreigners turn net buyers of Japanese stocks in week to May 6
A man wearing a protective face mask is reflected on a stock quotation board at a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 6, 2020. REUTERS/Issei Kato/Files

(Reuters) – Foreign investors were net buyers of Japanese stocks in the week ended May 6 as some investors scooped up shares in banking and commodity-related sectors, despite a sell-off in broader Asian markets.

Overseas investors purchased Japanese stocks worth a net 100.83 billion yen ($779.33 million) in a holiday-shortened week, compared with net selling of 20.95 billion yen in the previous week, data from Japanese exchanges showed.

Foreign flows into Japanese stocks https://fingfx.thomsonreuters.com/gfx/mkt/movanoeyapa/Foreign%20flows%20into%20Japanese%20stocks.jpg

They bought 51.46 billion yen in cash equity markets and 49.37 billion yen worth of derivatives.

Investors bought shares that were resilient amid inflation and rising U.S. Treasury yields. Mining stocks and banks, both jumped over 2% last week.

The Nikkei share average gained 0.58%, while Topix index climbed 0.86% last week.

However, Japanese stocks have lost over 4% this week on investor worries over the outlook for U.S. interest rates.

Meanwhile, non-native investors purchased Japanese bonds worth 748.2 billion yen in the reported week as they turned net buyers after three straight weeks of net selling, finance ministry data showed.

Japanese investors sold overseas bonds of a net 728.6 billion yen, but they made net purchases of foreign equities for a fourth straight week, amounting to 404.6 billion yen.

Japanese investments in stocks abroad https://fingfx.thomsonreuters.com/gfx/mkt/lgpdwgdxovo/Japanese%20investments%20in%20stocks%20abroad.jpg

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 98,681.44 0.56%
ethereum
Ethereum (ETH) $ 3,452.05 4.47%
tether
Tether (USDT) $ 1.00 0.08%
solana
Solana (SOL) $ 260.21 1.41%
bnb
BNB (BNB) $ 672.32 8.04%
xrp
XRP (XRP) $ 1.55 8.64%
dogecoin
Dogecoin (DOGE) $ 0.466646 16.50%
cardano
Cardano (ADA) $ 1.10 22.12%
usd-coin
USDC (USDC) $ 1.00 0.09%
staked-ether
Lido Staked Ether (STETH) $ 3,464.18 4.86%
tron
TRON (TRX) $ 0.221483 11.62%
avalanche-2
Avalanche (AVAX) $ 43.13 12.67%
shiba-inu
Shiba Inu (SHIB) $ 0.000028 12.29%
the-open-network
Toncoin (TON) $ 6.18 13.28%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,081.89 4.25%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,554.41 0.91%
stellar
Stellar (XLM) $ 0.441738 51.75%
polkadot
Polkadot (DOT) $ 8.15 33.21%
chainlink
Chainlink (LINK) $ 17.40 15.04%
bitcoin-cash
Bitcoin Cash (BCH) $ 539.73 12.93%
sui
Sui (SUI) $ 3.61 2.66%
weth
WETH (WETH) $ 3,448.33 4.44%
pepe
Pepe (PEPE) $ 0.000022 7.22%
leo-token
LEO Token (LEO) $ 8.62 1.17%
near
NEAR Protocol (NEAR) $ 6.38 13.88%
litecoin
Litecoin (LTC) $ 102.68 15.59%
aptos
Aptos (APT) $ 12.91 7.93%
uniswap
Uniswap (UNI) $ 10.74 14.84%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,624.70 4.17%
hedera-hashgraph
Hedera (HBAR) $ 0.149943 14.36%
internet-computer
Internet Computer (ICP) $ 11.62 19.83%
crypto-com-chain
Cronos (CRO) $ 0.201374 8.52%
usds
USDS (USDS) $ 1.00 0.01%
ethereum-classic
Ethereum Classic (ETC) $ 30.57 11.02%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.566765 23.81%
render-token
Render (RENDER) $ 7.96 10.97%
kaspa
Kaspa (KAS) $ 0.161217 9.36%
bittensor
Bittensor (TAO) $ 536.34 8.26%
bonk
Bonk (BONK) $ 0.000051 1.75%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.42 14.39%
vechain
VeChain (VET) $ 0.044075 36.36%
arbitrum
Arbitrum (ARB) $ 0.869245 9.72%
whitebit
WhiteBIT Coin (WBT) $ 24.65 0.13%
dogwifcoin
dogwifhat (WIF) $ 3.53 11.55%
dai
Dai (DAI) $ 1.00 0.17%
mantra-dao
MANTRA (OM) $ 3.81 4.19%
filecoin
Filecoin (FIL) $ 5.33 16.48%
blockstack
Stacks (STX) $ 2.13 13.08%
cosmos
Cosmos Hub (ATOM) $ 8.15 17.49%