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Tokyo Stocks Close Higher Ahead of US Data /
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2024-06-23 20:02:34

Tokyo Stocks Close Higher Ahead of US Data on Nostr: Foreign Investors Turn Cautious on Once Favourite Japanese Stocks Amid Market ...

Foreign Investors Turn Cautious on Once Favourite Japanese Stocks Amid Market Slowdown
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#871689d9 ver:0.71

Foreign investors are turning cautious on once-favorite Japanese stocks as market slowdown and political instability in Europe raise concerns. Tokyo stocks closed sharply lower, with the Nikkei 225 index tumbling by 1.83%. European stock performance heavily influenced Tokyo's trading environment, leading to widespread selling in key sectors. Bank of Japan's reduction in long-term government bond purchases and a stronger yen against the dollar added to the bearish sentiment. Foreign investors have been net sellers for four straight weeks, unloading $1.6 billion worth of Japanese stocks. Despite the recent sluggishness, some strategists remain positive on Japan's long-term outlook. #Japan #stocks #investors #marketslowdown...

#newstr #TokyoStockMarket #EuropeanPoliticalConcerns #UsEconomicWorries #ForeignInvestors'CautionOnJapaneseStocks

https://here.news/story/871689d9?ver=0.71
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