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The Nikkei has reported that "overseas........>

JAPAN
JAPAN: The Nikkei has reported that "overseas investors sold off Japanese stocks
by the largest margin in 31 years in the fiscal year ended Sunday, yet the Bank
of Japan's asset purchases absorbed all the bleeding, exposing the central
bank's outsize role in the market. Market participants abroad unloaded about
5.63 trillion yen ($50 billion) worth of shares on a net basis, the Tokyo Stock
Exchange reported Thursday, for a second straight year of net selling and the
highest sell-off since 1987. But this sell-off was matched by the BOJ's efforts
to pump money into the economy through asset purchases, as the central bank
bought roughly 5.65 trillion yen worth of equity."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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