Best Topix Gain Since ’87 Pays S&P 500 Return After Yen Decline

Best Topix Gain Since ’87 Pays S&P 500 Return After Yen Decline

Tomohiro Ohsumi/Bloomberg

A pedestrian cycles past the Tokyo Stock Exchange in Tokyo. Foreigners have been net buyers of Japanese stocks every week since the Topix rally began, while domestic investors were sellers until January, data compiled by Japan Exchange Group Inc. and Bloomberg show.