Foreigners Cap Longest Buying Streak in Japan Stocks Since 2019
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Foreign investors have been net buyers of Japanese stocks for six straight weeks, the longest streak since 2019, amid hopes for continued easy-money policy and expanding valuations as companies improve governance.
Overseas traders bought a net 379.4 billion yen ($2.8 billion) worth of Japanese stocks and futures in the week ended February 17, according to the latest exchange data. Buying by foreigners has helped drive the benchmark Topix up 5.2% this year, outperforming key measures of US and global stocks.