{"id":1786,"date":"2003-11-28T00:00:00","date_gmt":"2003-11-28T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"foreigners-turn-net-sellers-of-japanese-stocks-last-week","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2003\/foreigners-turn-net-sellers-of-japanese-stocks-last-week.html","title":{"rendered":"Foreigners Turn Net Sellers of Japanese Stocks Last Week"},"content":{"rendered":"<p>Tokyo, Nov. 28 (Jiji Press)&#8211;Foreign investors turned net sellers of Japanese stocks last week for the first time in four weeks, according to data released by the Tokyo Stock Exchange Friday.<\/p>\n<p>  Nonresidents&#8217; net selling came to 5,446 million yen in the Nov. 17-21 week, against the previous week&#8217;s buying excess of 178,254 million yen, said the TSE in its weekly report covering transactions  by 59 brokerage firms on the Tokyo, Osaka and Nagoya exchanges.<\/p>\n<p>  &#8220;Selling related to U.S. asset management firms&#8217; scandal over improper trading of investment trust funds spread to Japanese stocks, while hedge funds locked in profits ahead of their book closings  in November,&#8221; said Toshihiko Matsuno, deputy equity general manager at SMBC Friend Securities Co.<\/p>\n<p>  Last week, the 225-issue Nikkei average shed 314.23 points, or 3.1 pct, to finish Friday&#8217;s session at 9,852.83 on the Tokyo Stock Exchange. The key market gauge moved below the 10,000 line with  investor sentiment chilled by fears of terrorist attacks.<\/p>\n<p>  Individual investors remained net buyers for the second consecutive week, but their buying excess came to only 1,631 million yen as they stepped up selling on margin.<\/p>\n<p>  Trust banks stayed net sellers for 29 weeks in a row, with their net selling coming to 87,070 million yen, down from 136,495 million yen in the previous week. What appeared to be public pension  funds&#8217; buying helped partly offset company pension funds&#8217; continued moves to cash out assets that are due to be returned to the government, brokers said.END<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tokyo, Nov. 28 (Jiji Press)&#8211;Foreign investors turned net sellers of Japanese stocks last week for the first time in four weeks, according to data released by the Tokyo Stock Exchange Friday. Nonresidents&#8217; net selling came to 5,446 million yen in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1786","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/1786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=1786"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/1786\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=1786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=1786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=1786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}