Foreigners net buyers of Japanese stocks in the week to Aug 5 after a weekly sale

📆 12/08/2022 01:00 م
📰 ChannelNewsAsia

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Foreigners turned net buyers of Japanese stocks in the week ended Aug. 5 as a batch of upbeat corporate earnings reports boosted sentiment.Overseas investors bought Japanese stocks worth a net 336.86 billion yen ($2.53 billion) last week, after disposing of 150.18 billion yen in the previous week, data fr

Foreigners turned net buyers of Japanese stocks in the week ended Aug. 5 as a batch of upbeat corporate earnings reports boosted sentiment.

GRAPHIC: Foreign flows into Japanese stocks https://fingfx.thomsonreuters.com/gfx/mkt/gkvlgobaepb/Foreign%20flows%20into%20Japanese%20stocks.jpg Among the positive Japanese business results last week were food manufacturer Kikkoman Corp and automaker Subaru Corp, while air-conditioning systems maker Daikin Industries lifted its profit outlook.

The Nikkei share average gained 1.35 per cent last week and the Topix index added 0.35 per cent, after both having lost ground in the week before.

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