Reported about 15 hours ago
Japanese financial markets are witnessing a significant reflation trade driven primarily by foreign investors, while domestic investors have largely withdrawn from the market. Foreign buyers have played a pivotal role in the rally of Tokyo shares, pushing the Nikkei 225 and Topix indexes to record highs, as Japanese investors pulled out about $23 billion this year. Despite this lack of domestic participation, analysts suggest the stock rally could continue if retail investors return. The economic environment, characterized by supportive government policies and corporate reforms, has also seen the Bank of Japan raise interest rates for the first time in years.
Source: YAHOO