Foreigners turned net sellers of Japanese stocks in the week ending Feb. 1 [Reuters (UK)]
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Source: Reuters
Foreigners turned net sellers of Japanese stocks in the week ending Feb. 1 | Reuters 2 Min Read Feb 7 (Reuters) - Foreigners were net sellers of Japanese stocks for the first time in three weeks in the week that ended on Feb. 1, prompted by a lacklustre earnings performance by some major firms and on concerns around slowing demand from China. Overseas investors sold a net 3.29 billion yen ($29.92 million) worth of Japanese stocks, including cash equities and futures in the last week, data from Japanese stocks exchanges showed. Foreigners bought 126.13 billion yen in derivative markets, and sold 129.42 billion yen in cash markets, the data showed. Japan’s equity benchmarks were mixed last week. The Nikkei index gained about 0.1 percent, while the Topix index shed 0.1 pct, halting its three weeks of winning streak. In the last week, Japan’s brokerage firm, Nomura Holdings posted disappointing earnings for the third quarter, curbing gains in the major indexes. Also, Japanese stocks with
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