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12 Jun 2013
Flash: Retail investors slowed investment in risky assets - Nomura
FXstreet.com (London) - Nomura research teams said that Japanese investors are estimated to have sold JPY65bn (USD665mn) of foreign currency-denominated toshins last week according to NRI. “This is the first net selling in two weeks”.
The team went onto say that after purchasing JPY25bn of foreign assets via toshins, retail investors resumed liquidation of foreign securities last week and kept investing in domestic assets via toshins, but the pace slowed to JPY12bn (USD125mn) from JPY100bn (USD1.0bn) the previous week. Amid increasing volatility in the financial market, their team explains that retail investors slowed their investment in risky assets last week.
The team went onto say that after purchasing JPY25bn of foreign assets via toshins, retail investors resumed liquidation of foreign securities last week and kept investing in domestic assets via toshins, but the pace slowed to JPY12bn (USD125mn) from JPY100bn (USD1.0bn) the previous week. Amid increasing volatility in the financial market, their team explains that retail investors slowed their investment in risky assets last week.