Overseas investors purchased Japanese equities worth a net 699.84 billion yen ($5.12 billion), marking their biggest weekly net buying since Jan. 27, data from exchanges showed. They secured a net 799.28 billion yen worth of derivatives but exited 99.44 billion yen worth of cash equities. In a boost to Japanese stocks last week, Fast Retailing posted robust same-store sales at its Uniqlo brand, while processed food maker Ajinomoto raised its annual profit forecast.
The Nikkei share average surged 1.73% last week, marking its biggest weekly gain since Jan. 27, while the Topix index added 1.57%. Meanwhile, foreign investors offloaded a net 990.8 billion yen worth of Japanese bonds last week after disposing of a net 225.3 billion yen worth in the previous week. They withdrew 800.7 billion yen from long-term bonds and 190.1 billion yen from short-term bonds. On the other hand, Japanese investors exited 18.4 billion yen worth of foreign equities in a sixth straight week of net selling. They also disposed of 190.9 billion yen worth of overseas bonds. ($1 = 136.6400 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 Janane Venkatraman)
