They purchased 292.53 billion yen ($2.20 billion) worth of foreign equities, the first week of net purchases since March 10, data from from Japanese exchanges showed. Foreigners bought cash equities of 679.64 billion yen but sold 387.11 billion yen worth of derivatives.
A slowdown in consumer spending in February and worries of a credit crunch triggered by the collapse of two regional U.S banks increased hopes that the U.S. Fed would go easy on its tightening measures to avert an economic slowdown. In Japan, energy explorers added 1.52% last week in a second-straight week of gains after oil prices jumped on a surprise production cut by OPEC+.
Meanwhile, Japanese bonds received a second-straight week of
foreign inflows with outsiders securing a net 1.31 billion yen
worth of long-term and 3.98 billion yen worth of short-term
bonds.
Japanese investors were net sellers of 788.8 billion yen
worth of long-term and 73.2 billion yen worth of short-term
overseas bonds. They, however, drew in 28.2 billion yen worth of
foreign equities in a second-straight week of net buying.
($1 = 133.1200 yen)
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Foreign flows into Japanese stocks & futures Foreign flows into
Japanese stocks & futures Foreign flows into Japanese debt securities Foreign flows into
Japanese debt securities Japanese investments in overseas debt securities Japanese
investments in overseas debt securities Japanese investments in stocks abroad Japanese investments in
stocks abroad ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
(Reporting by Gaurav Dogra and Patturaja Murugaboopathy in
Bengaluru;Editing by Sharon Singleton)
