© Reuters. A pedestrian is reflected on a stock quotation board displaying Japan’s various stock prices outside a brokerage in Tokyo August 28, 2013.REUTERS/Yuya Shino /File Photo
(Reuters) – Foreign investors made hefty investments in Japanese stocks in 2023, buoyed by optimism around corporate governance reforms and a weaker yen against the dollar.
Japanese stocks accumulated about 6.3 trillion yen ($43.39 billion) worth of foreign inflows on a net basis last year, the biggest amount since at least 2014, according to data from the country’s stock exchanges.
Overseas investors secured about 3.12 trillion yen worth of cash equities and a net 3.17 trillion yen worth of derivatives last year, breaking a three-year-long selling streak.
The share average reached a new 34-year high of 35,839.65 on Friday, fuelled by fading expectations of early withdrawal from stimulus by the Bank of Japan and consistent strong purchasing by…
