Foreign investors net buyers of Japanese stocks for 2nd straight week |
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Fri, 12 Oct 2007 02:05 |
TOKYO (Thomson Financial) - Foreign investors were net buyers of Japanese stocks for the second straight week last week as worries about the fallout from the US subprime crisis eased, reviving investors' risk appetite, according to preliminary data released by the Ministry of Finance on Friday.Overseas investors bought Japanese shares worth a net 274.1 billion yen in the week to Oct 6. The week before, they purchased a revised net 223.5 billion yen worth.Foreign investors were also net buyers of medium- to long-term Japanese bonds worth 52.0billion yen, making them net buyers for the first time in three weeks. In the previous week, they disposed a revised net 78.2 billion yen worth.Foreigners were net sellers of Japanese short-term money market instruments for the first time in two weeks, unloading a net 775.4 billion yen worth. They bought a revised net 1.10 trillion yen worth in the previous week.Meanwhile, Japanese investors sold overseas-listed stocks worth a net 10.6 billion yen, making them net sellers for the third straight week. They disposed a revised net 8.7 billion yen worth the previous week.Domestic residents were net buyers of medium- to long-term bonds worth a net 597.5 billion yen, making them net buyers for the third straight week. In the previous week, they bought a revised net 1.27 trillion yen worth.They were net sellers of overseas short-term securities worth a net 106.1 billion yen, the fourth consecutive week of net sales. In the previous week, they unloaded a net 36.2 billion yen.(1 US dollar = 117.45 yen)yasuhiko.seki@thomson.comyas/msCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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