Foreigners Bought Record Japanese Stocks After Earthquake

Foreign investors bought a record amount of Japanese stocks last week after the nation’s equities markets tumbled in the wake of the March 11 earthquake and resulting nuclear accident.

Foreign investors bought 891 billion yen ($11 billion) in Japanese stocks in the week through March 18, the most since comparable records began in 2005, according to the Ministry of Finance in Tokyo. Looking at comparable data, this is “substantially the most on record,” said Yoshihito Hidaka, an official at the Ministry of Finance.