March 16 (Reuters) - Foreigners were net buyers of
Japanese stocks for a second straight week in the week ended
March 10, as a market rally boosted investor appetite.
However, Japan's Nikkei share average has dipped about 6%
since posting a 6-1/2-month high of 28,734.79 last week, hit by
a sell-off in banking stocks amid the collapse of two U.S.
regional banks.
Data from Japanese exchanges showed, big foreign purchases
in derivatives drew 44.93 billion yen($337.79 million) into
Japanese equities in a second straight week of inflows.
They purchased 1.17 trillion yen worth of derivatives last
week, the most since Sept. 2023, but offloaded a net 1.13
trillion worth of cash equities.
Meanwhile, foreign investors drew 96.4 billion yen worth of
Japanese bonds last week after two weeks of net selling in a
row.
They secured a net 253.2 billion yen worth of short-term
bonds but withdrew 156.8 billion yen out of long-term bonds.
Japanese investors also purchased a net 981.6 billion yen
worth of overseas bonds last week but remained net sellers in
cross-border equities for a seventh successive week, with
disposals worth a 169.7 billion yen.
($1 = 133.0100 yen)
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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 in Bengaluru; Editing by Rashmi
Aich)
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