Foreign Investors Pour $7.4 Billion into Japanese Stocks in Biggest Weekly Buying Since June
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Foreign investors bought a net $7.4 billion of Japanese stocks last week, the largest weekly net purchase since mid-June.
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Purchases were focused on derivatives ($10.4 billion) and cash equities ($783 million).
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Year-to-date, foreign investors have put $59.6 billion into Japanese stocks, versus pulling $40.7 billion out a year ago.
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On Thursday, Japan's Nikkei index fell as investors took profits after a sharp prior-day rally and yields rose.
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Japanese investors withdrew $730 million from overseas stocks last week, becoming net sellers of foreign stocks for the first time in 7 weeks.