Foreign investors turn net buyers of Japanese stocks in the week to Jan 11
17/01/2025 04:53
Jan 17 (Reuters) - Foreign investors were net buyers of
Japanese stocks in the week to Jan. 11, buoyed by a rally in
chip-related shares and optimism over domestic corporate
outlook.
They snapped up 313.3 billion yen ($2.02 billion) worth of
Japanese stocks on a net basis last week, following net sales of
74 billion in the prior week, data from Japan's Ministry of
Finance showed.
Shares of chip-making equipment maker Tokyo Electron
8035.T , chip-testing equipment maker Advantest 6857.T and
chip-making device supplier Disco 6146.T all surged over 10%
last week, although the Nikkei .N225 fell 1.77%.
The Nikkei hit 38,055.68 on Thursday, its weakest level
since Dec. 2, 2024, while the chips-related trio of stock also
face significant pressure amid concerns over a strengthening yen
and potential rate hikes by the Bank of Japan (BOJ) next week.
Meanwhile, foreign investors sold off 501.2 billion yen in
long-term Japanese bonds on a net basis, marking a third week of
sales in the past four.
Short-term bills attracted a record 2.58 trillion yen in
foreign inflows, the highest since May 4, 2024.
At the same time, Japanese investors racked up a sharp 589.1
billion yen worth of foreign equities, their biggest weekly net
purchase since Aug. 24, 2024.
They also snapped up 173.7 billion yen worth of short-term
debt securities and 756.7 billion yen worth of long-term bonds
following three consecutive weeks of net sales.
($1 = 155.4200 yen)
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Foreign flows into Japanese stocks https://reut.rs/3SQDye4
Foreign flows into Japanese debt securities https://tmsnrt.rs/3nsVz5d
Japanese investments in stocks abroad https://tmsnrt.rs/3nxoepG
Japanese investments in overseas debt securities https://tmsnrt.rs/3JW3oI3
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(Reporting by Gaurav Dogra and Patturaja Murugaboopathy in
Bengaluru; Editing by Savio D'Souza)
((gaurav.dogra@thomsonreuters.com; +91(080) 67496197;))