foreign investors have pulled a net 1.14 trillion yen from Japanese shares this year
– Foreign investors kept up a sell-off in Japanese stocks in the week to Aug. 2, concerned about a yen rally that is clouding the profit outlook for export-reliant firms, while a historic rate hike by the Bank of Japan further fuelled bets on the yen.
Summing up last week's outflows, , a stark contrast to last year's net purchases of 7.91 trillion yen. Japan's Nikkei share average index dropped 4.67% last week, driven by a yen surge amid uncertainties over the Bank of Japan's tightening path and concerns about a U.S. slowdown. "The current level, however, appears to be where the market looks to build a toehold for a path back to recovery," said Naoki Kamiyama, chief strategist at Nikko Asset Management.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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