Feb 24 (Reuters) - Foreign investors were net buyers of
Japanese stocks for a sixth straight week in the week ended Feb.
17, as a weaker yen raised hopes for higher earnings from auto
and other exporters.
Overseas investors purchased Japanese equities worth a net
378.79 billion yen($2.81 billion), compared with 654.46 billion
yen of net buying in the previous week, data from exchanges
showed.
They drew a net 233.11 billion yen worth of cash equities
and 145.68 billion yen worth of derivatives.
The Topix index added 0.25% and hit a 2-1/2 month
high last week but the Nikkei share average shed 0.56%
after a five-week long winning streak.
Meanwhile, foreign investors purchased a net 229.5 billion
yen worth of Japanese bonds last week, when compared with their
59 billion yen worth net selling in the previous week.
On the other hand, Japanese investors purchased 2.69
trillion yen worth of overseas bonds in a third straight week of
net buying but exited about 202 billion yen worth of stocks,
marking a fourth successive week of net selling.
($1 = 134.6800 yen)
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Foreign flows into Japanese stocks Foreign flows into Japanese debt securities Japanese investments in overseas debt securities Japanese investments in stocks abroad ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
(Reporting by Gaurav Dogra and Patturaja Murugaboopathy in
Bengaluru; Editing by Nivedita Bhattacharjee)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.