International Investors Bought Record Amount Of Japanese Equities Last Week

Weekly international security flow data from the Japanese MoF reveals that Japanese investors shed international bonds for a second consecutive week during the week ending 7 April, the first instance of back-to-back weeks of net sales observed since January. Still, the 4-week rolling sum of the measures remains comfortably in positive territory given the sizable rounds of net purchases deployed in the weeks prior to the current run.

• Japanese investors were also net buyers of international equities for a second consecutive week, although the net purchases were paltry.
• International investors were net buyers of Japanese bonds for the third week in four but got nowhere near challenging the record weekly net purchase levels observed in March.
• Finally, international investors deployed the largest round of net weekly purchases of Japanese equities on record last week.

Source: MNI - Market News/Bloomberg/Japanese Ministry Of Finance