In the first week of September (31 August–4 September), overseas investors were net buyers of ¥689.3 billion in cash equities. This marked their first net buying in 3 weeks, with purchases concentrated on semiconductor and trading company stocks. The Nikkei 225 fell more than 2% during the period, and some observers suggested that overseas market trends may have influenced the market.
According to trading trends by investor type for the first week of September released by the Tokyo Stock Exchange, covering the combined totals for the Tokyo and Nagoya Stock Exchanges, 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. Semiconductor and trading company stocks accounted for most of the net buying.
The Nikkei 225 fell ¥1,384 during the week, a decline of around 2%. Rising expectations of higher interest rates globally pushed up rates in major countries, weighing on equity markets.
The article suggests that overseas investors' net buying may have influenced the market during this period, while reporting that a combination of domestic and external factors was at work. The performance of semiconductor-related and trading company stocks became a focus for the market.
Going forward, overseas investor activity, interest-rate trends and changes in geopolitical risks are expected to continue influencing investment decisions.