Foreign investors remained net sellers of Japanese stocks for the fourth straight week last week.

Nonresident investors sold 54.58 billion yen more than they bought on the Tokyo, Osaka and Nagoya stock exchanges on top of net sales of 67.87 billion yen the previous week, according to a weekly industry report.

With much of the recent uptrend in Japanese stock prices running out of steam, foreign investors found few reasons to take major positions in the choppy market, brokerage officials noted.