Overseas investors purchased Japanese equities worth a net 654.46 billion yen ($4.89 billion) after 243.02 billion yen worth of net buying in the week before, data from exchanges showed. They obtained a net 467.97 billion yen worth of derivatives and 186.49 billion yen worth of cash equities. Chip-making equipment maker Tokyo Electron , and Japanese trading houses Mitsui & Co and Mitsubishi Corp , all reported strong earnings and raised their full-year profit forecasts. The Nikkei share average rose 0.6% and marked its fifth weekly gain in a row, while the Topix index jumped 0.85% last week after posting a 0.3% fall in the previous week. Meanwhile, foreign investors exited a net 59.3 billion yen worth of Japanese bonds in their first weekly net selling in three weeks. On the other hand, Japanese investors purchased 716.5 billion yen worth of overseas bonds in a second straight week of net buying but disposed of 836.9 billion yen worth of stocks, marking their biggest weekly net selling since Nov. 14. ($1 = 133.9200 yen) <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Foreign flows into Japanese stocks Foreign flows into Japanese debt securities Japanese investments in stocks abroad Japanese investments in overseas debt securities ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru; editing by Uttaresh.V)
Feb 16 (Reuters) - Foreign investors were net buyers of
Japanese stocks for a fifth straight week in the week ended Feb.
10, underpinned by robust corporate earnings and prediction of a
strong profit growth this year.
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