Foreigners Buy Most Japan Stocks Ever in 2013 as Locals Sell

Lock
This article is for subscribers only.

Foreigners bought the most Japanese stocks ever last year while local individuals sold the largest amount on record amid the best equity rally in four decades.

Overseas investors bought a net 15.1 trillion yen ($146 billion) in Japanese shares in 2013, according to data released by the Tokyo Stock Exchange today. That was the fifth straight year of net purchases and the largest amount since the bourse began compiling the figures in 1982. Domestic investors offloaded a net 8.75 trillion yen, also a record, the data show.