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Foreign investors made hefty investments in Japanese stocks during the first week of July, driven by a market rally and optimism over the outlook for solid corporate earnings in the second half of the year.
By PA/TPN, in Asia, World, Economy · 20 Jul 2024, 14:31 · 0 Comments
According to exchange data, overseas investors bought Japanese stocks worth a net Y916.05 billion last week, their biggest weekly net purchase since January 12.
Gains in U.S. megacap growth stocks last week also lifted Japanese technology shares, with SoftBank Group soaring 8.04 percent and semiconductor testing equipment maker Advantest rising 3.2 percent.
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