On the 16th, the Nikkei Stock Average rose to a level approaching the all-time high reached during the bubble period. Foreign investors are driving the recent rise in stock prices.
The amount these foreign investors bought in Japanese stocks exceeded the amount they sold for six consecutive weeks until last week. Domestic individual investors' purchases of stocks also exceeded the amounts they sold by 227.7 billion yen, making them net buyers for the third consecutive week. A market source said, "Individual investors, who tended to prioritize sell orders that would cause the stock market to decline, are now becoming more aggressive"