Japan Sees ¥621B Foreign Influx as Earnings and Yen Weigh
Japanese stocks saw a massive influx of foreign capital in the week ending August 14, with ¥621.2 billion pouring into the market.
This marks a significant reversal from the previous week's outflow of ¥368.5 billion, underscoring a rapid shift in international investor sentiment toward Japanese equities.
The turnaround is attributed to strong corporate earnings reports from major exporters, a weaker yen that boosts overseas revenue when converted back to yen, and the Bank of Japan's cautious approach to interest rate hikes.