April 25, 2024 00:01 GMT
Offshore Investors Sold Local Equities & Bonds Last Week
JAPAN DATA
Last week saw offshore investors turn net sellers of Japan equities. Outflows were -¥492.4bn, ending the past 2 week run of strong inflows. Since mid-March net flows into this asset class from offshore investors has only been marginally positive.
- Offshore investors were larger sellers of local bonds last week. The trend from this segment has generally been net selling in recent weeks.
- Japan investors purchased offshore bonds last week, but we continue to see a see-saw pattern in terms of outflows to this segment. For equities, local investors were modest net sellers of offshore equities.
Table 1: Japan Weekly Investment Flows
Billion Yen | Week ending Apr 19 | Prior Week |
Foreign Buying Japan Stocks | -492.4 | 1730.7 |
Foreign Buying Japan Bonds | -1441.8 | 51.3 |
Japan Buying Foreign Bonds | 648.1 | -1000.1 |
Japan Buying Foreign Stocks | -20.9 | 53.9 |
Source: MNI - Market News/Bloomberg
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