According to the Tokyo Stock Exchange, outstanding margin long positions totaled ¥6.4825 trillion, the highest level in about a month. Investors have been buying the dip in AI-related stocks.
The Tokyo Stock Exchange released outstanding margin long positions as of applications made on the 21st. Combined positions under regulated and general margin trading totaled ¥6.4825 trillion, an increase of ¥281.8 billion from the previous week. Although below the ¥6.7097 trillion recorded as of 17 July, the balance reached its highest level in a month.
The Nikkei Average fell ¥2,697, or about 4%, during the week from 17 to 21. One view is that declines in US semiconductor stocks and growing pressure for higher interest rates worldwide weighed on the market as a whole.
Against this backdrop, investors were observed buying the dip, particularly in AI-related stocks. The specific stocks and details of the buying strategy are provided in the full article, but the activity appears to have been viewed as short-term buying to cover previous positions.