Japanese stocks see biggest weekly foreign outflow in five weeks

Foreign investors stepped up selling in Japanese stocks last week, as the intensifying war in Ukraine pushed up oil and other commodity prices, heaping further inflationary pressures on economies worldwide.

Foreigners sold 269.24 billion yen in cash equity markets and 110.4 billion yen worth of derivatives. The Nikkei index lost 1.85per cent last week and the Topix index shed 1.67per cent in their third successive week of decline.

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