Little to discuss on the Japanese investor....>

JAPAN: Little to discuss on the Japanese investor side in the latest round of

weekly international security flow data, with the 4-week rolling sums of

Japanese net flows re: foreign stock & bonds little changed, owing to marginal

net buying of foreign stocks and a slightly slower rate of net purchasing of

foreign bonds in the most recent week.

- Foreign investor flows re: Japanese assets were more interesting.

- Foreign purchases of Japanese bonds hit the highest net level since late

March, pushing the 4-week rolling sum of the measure to the highest level since

late July.

- Elsewhere, foreigners shed Japanese stocks at a rate not seen since late March

(on a net basis), pushing the 4-week rolling sum of the measure to the lowest

level (deepest rate of selling) seen since late March.