Net Japanese stock purchases by nonresident investors hit an all-time high of 13.96 trillion yen in 2005, the Finance Ministry said Monday, underscoring the key role nonresidents’ active buying played in last year’s stock market rally.
Shares purchased by nonresidents totaled 171.76 trillion yen, with the sales coming to 157.80 trillion yen, according to current-account balance data released by the ministry.
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