Foreigners Stay Net Buyers of Japan Stocks Last Week
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Tokyo, Feb. 1 (Jiji Press)--Foreign investors remained net buyers of Japanese stocks for the third consecutive week last week amid a weaker yen and global stock market strength, a Tokyo Stock Exchange report showed Thursday.  Nonresidents logged net buying of 425,233 million yen in the Jan.
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Tokyo's Nikkei average ended higher for  the third straight session on Tuesday amid a growing consensus  that Japanese shares would catch up with gains in overseas  stock markets despite recent poor news on the economy.
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Japan&#39;s industrial output in July was unchanged from June, official data showed Tuesday, suggesting the economy is still recovering but at a more gradual pace as exports slowed down.
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Japanese stocks recouped early losses by  late afternoon on Thursday as banks clawed back into positive  territory a day after a key survey showing waning business  sentiment had sparked a sell-off in the sector.
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Japanese stocks were flat in mid-morning  trade on Monday with confidence in the domestic economic  outlook failing to offset profit-taking that hit recent gainers  such as insurers and real estate stocks.
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Japan's Nikkei average rose 1.62 percent by midsession on Thursday as investors, cheered by a jump in U.S. stocks, bought a broad range of shares including those they had avoided recently due partly to doubts about U.S. demand.
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TOKYO (CBS.MW) - Japanese stock indexes edged higher by midmorning Tuesday, building on a strong upward momentum in the previous session after corporate capital spending raised hopes that gross domestic product data will be revised up later in the week.
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Tokyo stocks are expected to stick to a  narrow range this week as investors focus on a flood of U.S.  earnings, soaring oil prices and the race for the White House.
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Tokyo's Nikkei made its biggest gain in  two weeks on Wednesday after unexpectedly strong Chinese growth  data prompted investors to return to Nippon Steel Corp. and  others doing business in China.
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The Nikkei average ended up 0.17 percent   on Tuesday as investors sought bargains in stocks such as   Internet group Softbank Corp. while a stronger yen saw profits   taken on exporters such as Honda Motor Co. Ltd.
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The Nikkei made its biggest gain in two  weeks on Wednesday after unexpectedly strong Chinese growth  data prompted investors to return to Nippon Steel Corp. and  others doing business in China.
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The Nikkei average rose 0.53 percent by  midsession on Tuesday as investors remained optimistic about  Japan's economy, buying banks such as Mizuho Financial Group  and shares in firms tied to domestic business.
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The yen kept most gains against the  dollar on Thursday after rallying to a four-week peak, but  investors saw no reason to push it higher due to growing  uncertainty about the outlook for the Japanese economy.
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The Nikkei average gained 0.74 percent on  Thursday, recovering from Wednesday's five-week closing low, as  investors were lured to Shin-Etsu Chemical Co. Ltd. (4063.T),  Toyota Motor Corp. (7203.T) and other companies with earnings  prospects.
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Tokyo stocks closed little changed on  Wednesday with shares such as Softbank Corp. that will be added  to the Nikkei average in October getting a lift but  profit-taking hitting some small-caps and other recent gainers.
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Japan's Nikkei average edged up 0.25  percent at the opening on Tuesday as investors stayed  optimistic about Japan's economy and bought banks and insurance  firms.
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Japan's Nikkei average is expected to  extend gains on Thursday as investors keep a healthy appetite  for blue-chip exporters after a fall in oil prices boosted  confidence over the U.S. economy and lifted Wall Street stocks.