Individual investors were net sellers of ¥655.7 billion in cash equities in the trading by investor type data for the Tokyo Stock Exchange and Nagoya Stock Exchange for the second week of August (10-14). Net selling continued for the 4th consecutive week, with profit-taking sales standing out despite the market's advance.
According to the trading by investor type data for the second week of August released by Nikkei, individual investors were net sellers of ¥655.7 billion in cash equities. Net selling continued for the 4th consecutive week, reaching its highest level since the second week of April.
The Nikkei Stock Average rose on every trading day that week, gaining ¥3,107, or 4.7%, over the week. Funds also began returning to technology stocks, and net selling of cash equities coincided with the market's advance.
The trend suggests that although stock prices were rising, individual investors prioritized profit-taking and sold shares. Future developments will be a focus of market participants along with other factors.