Foreign net buying of Japanese stock continues for 16th week
The trend began in late March, and continued even after a sharp drop in Tokyo's benchmark Nikkei 225 index on April 3, triggered by US President Donald Trump announcing what he called "reciprocal tariffs."
While domestic investors pulled back, overseas investors kept buying. From July 14 to 18, they were again net buyers on the Tokyo and Nagoya exchanges, picking up about 187 billion yen, or nearly 1.3 billion dollars, more in shares than they sold.
Tokyo markets continued their rally the following week as Japan reached a tariff deal with the United States. The Nikkei index briefly broke the 42,000 mark for the first time since last July when it set its all-time high.
Market analysts say Japan is drawing in foreign money as domestic firms pay closer attention to share prices and capital. They say the progress in tariff talks with the US could add to the momentum.
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