April 6 (Reuters) - Japanese investors heavily bought
foreign equities last week, buoyed by easing concerns about
banking sector troubles and hopes that the Federal Reserve may
be nearing the end of its rate-hiking cycle.
They purchased 390.3 billion yen ($2.97 billion) worth of
foreign equities, marking the biggest weekly net buying in
eleven weeks, data from Japan's Ministry of Finance showed on
Thursday.
The MSCI's gauge of stocks across the globe surged 3.5% last week, the most since mid-November 2022, as
market worries about the banking system ebbed following a U.S.
regulator-backed sale of failed lender Silicon Valley Bank's
assets.
Meanwhile, Japanese investors exited a net 486.1 billion yen
worth of overseas bonds last week after three weeks of net
buying in a row.
On the other hand, foreign investors withdrew a net 414.96
billion yen from Japanese equities in their third straight week
of net selling last week, data from Japanese exchanges showed.
They sold 422.02 billion yen worth of derivatives but
purchased 7.06 billion yen worth of cash equities.
Meanwhile, foreigners sold a net 1.75 trillion yen worth of
Japanese bonds last week in the second consecutive week of net
selling.
They withdrew 2.7 trillion yen out of short-term bonds, but
bought 944.1 billion yen worth of long-term bonds.
($1 = 131.3000 yen)
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Japanese investments in stocks abroad Japanese investments in
stocks abroad Japanese investments in overseas debt securities Japanese
investments in overseas debt securities Foreign flows into Japanese stocks & futures Foreign flows into
Japanese stocks & futures Foreign flows into Japanese debt securities Foreign flows into
Japanese debt securities ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
(Reporting by Gaurav Dogra and Patturaja Murugaboopathy in
Bengaluru; Editing by Sonali Paul)
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