Foreign Investment Surge Revitalizes Japanese Stocks Amid Ceasefire Prospects
Foreign investors returned to Japanese stocks with a net inflow of 2.96 trillion yen as market stability improved with a ceasefire deal in the Iran conflict. The stock market rally was supported by seasonal investment patterns and high local bond yields, reversing a previous sell-off.
Japanese stocks saw a notable surge in foreign investment during the week leading up to April 4, following discussions of a ceasefire in the Iran conflict. This marked a significant shift after three weeks of withdrawals.
According to Japan's Ministry of Finance, foreign investors infused a net 2.96 trillion yen into the market, countering almost two-thirds of the preceding week's sell-off.
Seasonal investment habits contributed significantly to this trend, as offshore shifts typically occur around this time. Additionally, rising bond yields locally made Japanese bonds more attractive to foreign investors.
ALSO READ
-
Australia's Fuel Crisis: Navigating Through Straits and Ceasefires
-
FOREX-Dollar wobbles as fragile US-Iran ceasefire keeps markets on edge
-
Fragile Ceasefire in Iran Threatened Amid Rising Tensions
-
Escalation in Beirut: Deadliest Day Amid Ceasefire Controversy
-
Dollar Dips Amid Fragile Ceasefire Tensions