Foreigners were net sellers of Japan stocks

Foreigners were net sellers of Japanese stocks for an eighth consecutive week on June 24-28 as caution built ahead of much awaited talks between US and Chinese leaders on the sidelines of the G20 summit in Japan. Overseas investors sold a net 169.7 billion yen ($1.57 billion) worth of Japanese stocks, including cash equities and futures in that week, data from Japanese stock exchanges showed. Foreigners sold a net 169.1 billion yen in derivative markets and a marginal 0.56 billion yen in cash markets, the data showed. Japanese investors bought 115.6 billion yen of overseas equities in the week ended June 28, their eighth straight week of net purchase, data from the Ministry of Finance showed.