top of page
  • NEWS Desk Global

FOREIGN FLOWS INTO JAPAN STOCKS TOPPED 6 TRLN YEN IN 2023



Foreign investors made hefty investments in Japanese stocks in 2023, buoyed by optimism around corporate governance reforms and a weaker yen against the dollar. Japanese stocks accumulated about 6.3 trillion yen ($43.39 billion) worth of foreign inflows on a net basis last year, the biggest amount since at least 2014, according to data from the country's stock exchanges.

Overseas investors secured about 3.12 trillion yen worth of cash equities and a net 3.17 trillion yen worth of derivatives last year, breaking a three-year-long selling streak. The Nikkei share average (.N225) reached a new 34-year high of 35,839.65 on Friday, fuelled by fading expectations of early withdrawal from stimulus by the Bank of Japan and consistent strong purchasing by foreign investors. The index had gained 28.2% last year.

1 view0 comments

Recent Posts

See All

Comments


bottom of page