In the first week of September (31 August–4 September), overseas investors were net buyers of ¥689.3 billion in cash equities. The Nikkei Stock Average fell approximately 2% during the week, with views attributing the decline to expectations of higher interest rates and heightened tensions in the Middle East.
According to trading by investor type published by the Tokyo Stock Exchange, covering the TSE and Nagoya Stock Exchange combined, overseas investors were net buyers of ¥689.3 billion in cash equities. This marked their first net buying in 3 weeks and the largest amount since the third week of June.
The Nikkei Stock Average fell ¥1,384 during the week, and share prices generally remained on a downward trend. The move was attributed to emerging expectations of early rate hikes in Japan and the United States, as well as rising interest rates in major countries.
Reports also indicated that the renewed escalation of tensions in the Middle East affected market activity, with overseas investors’ trading trends and market movements reported together.
This report is based on coverage by Nikkei’s electronic edition and reports the amount of overseas investors’ net buying together with movements in the Nikkei Stock Average.