Foreigners net buyers of Japanese stocks for second straight week

Foreign investors were net buyers of Japanese stocks for a second straight week in the week to Nov. 4, as strong earnings outlook of some domestic companies boosted investor sentiment.

Graphic: Japanese investments in stocks abroad - https://fingfx.thomsonreuters.com/gfx/mkt/akpeqgbjrpr/Japanese%20investments%20in%20stocks%20abroad.jpg A fresh batch of Japanese companies reported upbeat earnings last week. Hitachi and Japan Tobacco raised their earnings forecasts, while Panasonic Holdings posted profits that beat analysts' estimates.

Meanwhile, overseas investors sold a net 322.5 billion yen worth of Japanese bonds last week, which marked a second successive week of net selling.

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