Foreigners’ net buying for the first time in 8 years and 5 months, Japanese stocks rising after Buffett’s report – Bloomberg

2023-04-20 07:50:04

It turned out that the amount of overseas investors’ net purchases in Japanese stocks in the second week of April reached the scale for the first time in eight years and five months. Overseas investors were the main buyers in the rising phase of Japanese stocks following the purchase of trading company stocks by famous investor Warren Buffett.

Buffett considers additional investment in Japanese stocks and reports – Trading company stocks soar

According to the trading situation by investment sector announced by the Japan Exchange Group on the 20th, foreign investors bought 1,049.5 billion yen in cash and 537.8 billion yen in futures on the 10th to 14th. A total of 1.5873 trillion yen, the largest since the first week of November 2014 (2.2263 trillion yen). Individual investors have net sales of 423 billion yen, and business corporations have net sales of 7.8 billion yen in kind. The Tokyo Stock Price Index (TOPIX) rose 2.7% on the week.

Mr. Buffett

Photographer: Houston Cofield/Bloomberg

Buffett’s additional investment in trading company stock on the 11thIt was reported that the Japanese stock index rose for eight consecutive days until the 18th across this day. Buffett also raised more money, bringing hopes of additional investments in Japanese stocks. At the end of March, the Tokyo Stock Exchange, an affiliate of the Japan Exchange, asked companies to take proactive measures, such as the price book value ratio (PBR) falling below 1.

Ryuta Otsuka, a strategist at Toyo Securities, said that in addition to the TSE’s request, “There are reports that Mr. Buffett will buy Japanese stocks again, and other overseas investors have a positive view of Japanese stocks. would,” he said. It is believed that medium- to long-term investors are also buying spot stocks, and he pointed out, “This is a sign of rising expectations and evaluations of Japanese stocks.”

Related Articles:  Chile to Nationalize Lithium Production, World's Second Largest - Bloomberg

U.S. Berkshire issues 164.4 billion yen in yen-denominated bonds, the largest deal since 2020

1681982147
#Foreigners #net #buying #time #years #months #Japanese #stocks #rising #Buffetts #report #Bloomberg

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.