Foreigners remain net sellers of Japan stocks for 8th week [Reuters]
FUJIFILM HLDGS CORP ADR (FUJIY)
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Source: Reuters
Foreigners remain net sellers of Japan stocks for 8th week April 9 (Reuters) - Foreigners sold Japanese equities in the week ended April 3, marking their eighth straight week of net selling, as coronavirus cases continued to rise in the country and raised concerns about its impact on an already stuttering economy. Overseas investors sold a net 334 billion yen ($3.07 billion) worth of local stocks last week, according to data from Japanese stock exchanges. They sold 268.52 billion yen worth of derivatives and 65.47 billion yen in cash markets last week. Last week, Japanese equities indexes — the Nikkei index and the Topix index — both plummeted more than 8%, in their biggest weekly drop in three weeks. Data released last week showed factory activity in Japan, the United States and some major economies contracted at the fastest pace in about a decade. Japanese Prime Minister Shinzo Abe earlier this week declared a long-awaited emergency to fight coronavirus infections in major populatio
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