Feb 28 (Reuters) - Japanese stocks saw the largest
weekly foreign outflow in nearly five months totaling 1.04
trillion yen ($6.95 billion), hit by a stronger yen, rising
inflationary concerns, and uncertainties over U.S. President
Donald Trump's tariff policies.
This sharp sell-off for the week ended February 22, marks
the largest weekly net sales since September 21, 2024, according
to data released by by the country's Ministry of Finance.
The Nikkei share average hit a five-month low of
37084.44 on Friday, dragged by chip-related stocks after
Nvidia's strong growth forecast did little to lift
sentiment.
Despite the equities outflow, Japanese long-term bonds
attracted 438 billion yen in net inflows for the second
consecutive week, while short-term bills saw 478.4 billion yen
in outflows.
Japanese investors modestly purchased overseas equities,
adding 19.7 billion yen, following a much larger 345.4 billion
yen buy in the previous week.
On the other hand, there was a net sale of 200.8 billion yen
in long-term foreign debt securities, ending a two-week buying
streak.
($1 = 149.6400 yen)