In the week ending August 8, foreign investors sold Japanese stocks for the second week in a row, as the market anticipated that the authorities would take further measures to support the yen, which weakened investors' willingness to buy the Japanese stock market. According to data from Japan's Ministry of Finance, foreign investors sold Japanese stocks worth 368.5 billion yen in net sales this week, compared with net sales of 392.5 billion yen in the previous week. Last week, Japan's Ministry of Finance said that the US and Japan have collaborated to intervene to buy yen and will not hesitate to take further steps. After the intervention, the yen hit a nearly three-month high of 155.21 yen to the US dollar last week. The latest transaction price was 159.43 yen to 1 US dollar. The appreciation of the yen will increase the dollar value of Japanese assets held by foreign investors, but it will also reduce their purchasing power to buy new shares in US dollars.

Zhitongcaijing · 2d ago
In the week ending August 8, foreign investors sold Japanese stocks for the second week in a row, as the market anticipated that the authorities would take further measures to support the yen, which weakened investors' willingness to buy the Japanese stock market. According to data from Japan's Ministry of Finance, foreign investors sold Japanese stocks worth 368.5 billion yen in net sales this week, compared with net sales of 392.5 billion yen in the previous week. Last week, Japan's Ministry of Finance said that the US and Japan have collaborated to intervene to buy yen and will not hesitate to take further steps. After the intervention, the yen hit a nearly three-month high of 155.21 yen to the US dollar last week. The latest transaction price was 159.43 yen to 1 US dollar. The appreciation of the yen will increase the dollar value of Japanese assets held by foreign investors, but it will also reduce their purchasing power to buy new shares in US dollars.