Foreigners turn net buyers of Japanese stocks on core US inflation optimism

Foreign investors increased their risk appetite, channelling funds into Japanese stocks last week, buoyed by data indicating that core U.S. inflation was slowing down.

Data from Japanese exchanges showed foreign investors purchased shares worth 542.22 billion yen ($3.66 billion) in the week ended Sept. 15, compared with about 719.58 billion yen of net selling in the prior week.