Overseas investors snapped up the most Japanese stocks last week in 11 years as benchmark indexes ascended to record highs, and some market participants are betting that demand for shares will stay strong.
They boughtBloomberg Terminal a net ¥1.75 trillion ($11.9 billion) of Japanese cash equities and futures deals in the week ended Aug. 15, according to data from Japan Exchange Group Inc. That’s the most since November 2014. The bulk of the transactions were conducted with futures, indicating that some investors may have been hedging their bets in a volatile market by grabbing heavily traded contracts.
AloJapan.com