Foreign investors net buyers of Japanese stocks for third week
19/08/2021 08:19
Aug 19 (Reuters) - Foreign investors were net buyers of
Japanese shares in the week to August 13 as corporate earnings
continued to boost confidence, though concerns about the
fast-spreading Delta coronavirus variant capped the inflows.
Foreigners bought Japanese shares worth a net 351.5 billion
yen ($3.20 billion), down from 398.7 billion the previous week,
data from Japanese exchanges showed.
They purchased derivatives worth a net 193.89 billion yen
and 157.62 billion yen in cash equity markets.
Meanwhile, cross-border investors sold Japanese bonds worth
a net 2.81 trillion yen, marking their first weekly net selling
in three, finance ministry data showed.
Corporate earnings continued to boost investor sentiment
last week with Bridgestone 5108.T , Toho Zinc 5707.T ,
staffing and publishing firm Recruit Holdings 6098.T all
posting strong earnings and upbeat outlooks.
urn:newsml:reuters.com:*:nXB0FJZJWI urn:newsml:reuters.com:*:nXB0T0JY9A urn:newsml:reuters.com:*:nXB1DUAIGO
Last week, Japanese stocks gained for a second straight
week. The Topix index .TOPX climbed 1.4% and the Nikkei share
average .N225 added 0.6%.
Both indexes have however, are down more than 2% this week
as a record rise in new COVID-19 infections raises concerns
about a delay in economic recovery. urn:newsml:reuters.com:*:nL4N2PP1YL
Japanese investors sold a net 85.4 billion yen in overseas
equities but purchased a net 869.5 billion yen in foreign bonds
last week, finance ministry data showed.
($1 = 109.9200 yen)
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Foreign flows into Japanese stocks https://tmsnrt.rs/3xUdocY
Japanese investments in stocks abroad https://tmsnrt.rs/3iYUsFF
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(Reporting by Gaurav Dogra and Patturaja Murugaboopathy;
editing by Jason Neely)
((gaurav.dogra@thomsonreuters.com;))