Foreigners net buyers of Japanese stocks for 2nd week ending April 12
April 19 (Reuters) - Foreigners were net buyers of Japanese
stocks for a second consecutive week ended April 12, but
concerns over U.S. tariffs on European Union and caution ahead
of the domestic earnings season kept inflows in check.
Overseas investors bought a net 78.32 billion yen ($699.85
million) worth of Japanese stocks, including cash equities and
futures in that week, much lower than about 803 billion yen
inflows in the preceding week, data from Japanese stock
Foreigners bought a net 121.45 billion yen in cash markets
and sold 43.13 billion yen in derivative markets, the data
Japan's major indexes were mixed in the April 8-12 week as
the Nikkei index gained about 0.3 percent, while the
Topix index shed 1.25 percent.
Last week, U.S. President Donald Trump threatened to impose
U.S. tariffs on $11 billion worth of European Union products,
heightening tensions over a long-running transatlantic aircraft
subsidy dispute and opening a new front in his global trade war.
On the other hand, Japanese investors sold 562.8 billion yen
worth of overseas equities in April 8-12, their biggest weekly
net selling in over a year, the Ministry of Finance data showed.
($1 = 111.8500 yen)
(Reporting by Gaurav Dogra and Patturaja Murugaboopathy;
Editing by Rashmi Aich)
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