Foreign investors were net buyers of Japanese stocks for the seventh straight week last week, data from the Tokyo Stock Exchange showed on Thursday.
Non-residents bought a net 237.3 billion yen ($1.93 billion) worth of stocks on the Tokyo, Osaka and Nagoya exchanges in the week ended June 22.
That buying helped push the Nikkei share average <.N225> to its highest close in seven years.
In the previous week, foreigners bought a net 305.2 billion yen worth of stocks.
Individual investors were net sellers of Japanese stocks for the second straight week last week, selling shares worth a 181.7 billion yen.
A week earlier, they sold a net 231.9 billion yen.
Capital flows data released by the Ministry of Finance on Thursday showed that foreign investors sold a net 440.4 billion yen of Japanese stocks last week. That followed net buying of a revised 552.4 billion yen a week earlier.
The government figures cover a wider range of equity transactions, including those made outside the three exchanges.
Following is a breakdown of buying and selling for the three exchanges for June 18-22 (in billions of yen and rounded):
Total foreign buying 5,853.46
Total foreign selling 5,616.20
Net buying 237.26
Previous week net buying 305.20
Total individual selling 3,150.70
Total individual buying 2,968.96
Net selling 181.74
source:today.reuters.co.u
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