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Retail traders offloaded the most Japanese stocks since March last week, when the tight race between Kamala Harris and Donald Trump in the US presidential election kept investors on edge.
They sold a net ¥743.7 billion ($4.8 billion) in cash equities in the week that ended Nov. 8, data from Japan Exchange Group Inc. show, even as the benchmark Topix index climbed 3.7% as Trump’s victory helped weaken the yen. The week was also a lead up-to Japan’s prime ministerial vote this Monday.
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