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Relieved foreigners scoop up Japanese stocks as markets rebound

Channel News Asia LogoChannel News Asia3h ago

Relieved foreigners scoop up Japanese stocks as markets rebound - Channel News Asia

Quick Summary:

Foreign investors heavily bought into Japanese stocks in the week to Aug.10, encouraged by policymakers' signals to stabilize the market following recent turmoil which had sent shares into their biggest one-day plunge since 1987.

Cross-border investors bought a net 521.9 billion yen ($3.

But those worries quickly faded and the Nikkei share average has surged over 20 per cent since reaching a nine-month low of 31,156.12 on Aug.5.


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Relieved foreigners scoop up Japanese stocks as markets rebound - Channel News Asia (Picture 1)Relieved foreigners scoop up Japanese stocks as markets rebound - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-16 @ 12:52:22 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 327 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22094719

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 25 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 4 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

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The story "Relieved foreigners scoop up Japanese stocks as markets rebound" was covered 3 hours ago by Channel News Asia, a news publisher based in Singapore.

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Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news.

The outlet is headquartered in Singapore and publishes an average of 25 news stories per day.

It's most recent story was published 4 hours ago.

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  • News ID: #22094719
  • URL: https://beamstart.com/news/relieved-foreigners-scoop-up-japanese-172378654667

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