Latest news with #foreigninvestors
NHK
2 days ago
- Business
- NHK
Foreign net buying of Japanese stock continues for 16th week
Foreign investors have been pouring money into Japanese stocks. It's their longest net buying streak for 16 straight weeks in the past 12 years. The trend began in late March, and continued even after a sharp drop in Tokyo's benchmark Nikkei 225 index on April 3, triggered by US President Donald Trump announcing what he called "reciprocal tariffs." While domestic investors pulled back, overseas investors kept buying. From July 14 to 18, they were again net buyers on the Tokyo and Nagoya exchanges, picking up about 187 billion yen, or nearly 1.3 billion dollars, more in shares than they sold. Tokyo markets continued their rally the following week as Japan reached a tariff deal with the United States. The Nikkei index briefly broke the 42,000 mark for the first time since last July when it set its all-time high. Market analysts say Japan is drawing in foreign money as domestic firms pay closer attention to share prices and capital. They say the progress in tariff talks with the US could add to the momentum.
Reuters
2 days ago
- Business
- Reuters
Euro-fuelled dollar surge adds to headwinds facing rupee
MUMBAI, July 29 (Reuters) - The Indian rupee is likely to open weaker on Tuesday, weighed down by a jump in the dollar index following a steep decline in the euro, as investors digested the implications of the recent US-EU trade deal. An uptick in oil prices, coupled with persistent foreign portfolio outflows, also poses challenges for the rupee, which has already declined about 1% so far this month. The 1-month non-deliverable forward indicated the rupee will open in the 86.75-86.77 range versus the U.S. dollar, compared with 86.6650 in the previous session. The dollar index rose 1% on Monday, while the euro slumped, as investors sobered up to the terms of the trade deal between the European Union and the United States. "Once markets absorbed the details, sentiment flipped from the reality that tariffs would still increase to 15% with the Trump administration still maintaining tariffs as a leverage tool," analysts at DBS said in a note. Asian currencies were mostly nursing modest declines on the day and regional equities were largely weaker. India's benchmark equity index, the Nifty 50 (.NSEI), opens new tab, was poised to open little changed but expected to face pressure on diminished hopes of an interim trade deal with the United States, sustained foreign outflows and tepid quarterly earnings. Foreign investors net sold nearly $700 million worth of Indian stocks on Monday, according to provisional exchange data. Traders reckon that the rupee is biased to trend lower in the near term, with support expected around the 86.80 and 87 levels. Whether the Reserve Bank of India steps in firmly to cap rupee deprecation around the 87 mark would also be key to watch, a trader at a foreign bank said. Meanwhile, crude oil prices rose to touch a 10-day high and were last hovering around $70 per barrel after U.S. President Donald Trump said he was reducing the 50-day deadline he gave Russia over its war in Ukraine to 10-12 days. KEY INDICATORS: ** One-month non-deliverable rupee forward at 86.90; onshore one-month forward premium at 13.75 paise ** Dollar index at 98.6 ** Brent crude futures at $70.1 per barrel ** Ten-year U.S. note yield at 4.4% ** As per NSDL data, foreign investors sold a net $164mln worth of Indian shares on Jul. 25 ** NSDL data shows foreign investors sold a net $19.2mln worth of Indian bonds on Jul. 25
Times of Oman
21-07-2025
- Business
- Times of Oman
Dubai's Real Estate soars to record transactions of Dh431 billion in H1 2025
Dubai: In the first half of 2025, Dubai's real estate market recorded transactions worth of over Dh431 billion, which is about 26 per cent more than last year's first half, as reported by the Gulf news. This rise is a reflection of the Emirate's continued momentum as a global property investment hub. According to the new data from the Dubai Land Department (DLD), a total of 125,538 real estate transactions were registered between January and June 2025, up 26 per cent from 99,947 deals in H1 2024. Overall, real estate procedures (including sales, leases and other formalities) crossed 1.3 million, indicating a strong and growing investor base. With 30,487 women conducting nearly 35,000 transactions worth Dh73.2 billion, reflecting a significant growth in the role of women in shaping Dubai's property landscape. By nationality, foreign investors led with Dh228.35 billion, followed by Arabs (Dh28.4 billion) and GCC nationals (Dh22.56 billion), underlining Dubai's appeal as a cross-border investment destination. Additionally, with approximately 95,000 investors completing over 118,000 deals in the first half of the year, the value of real estate investments reached Dh326 billion, up 39 per cent from the previous year. Of these, 59,075 were new investors who contributed Dh157 billion, a 40 per cent increase in market value. Remarkably, 45 per cent of new investors were locals, demonstrating continued effectiveness in converting renters into homeowners and enhancing market stability over the long run. On the other note, The UAE's real estate sector maintained its growth momentum throughout 2024 as well, marked by an increase in real estate projects and infrastructure investments, reinforcing its position as a key pillar of the country's economic growth. The vibrant real estate markets across the Emirates underscored the UAE's status as a global hub for property investments and an attractive destination for high-net-worth individuals who play a vital role in stimulating market activity, particularly in luxury real estate.
Yahoo
21-07-2025
- Business
- Yahoo
Rupee likely to remain on backfoot as Asia FX dip, inflows dwindle
By Nimesh Vora MUMBAI (Reuters) -The Indian rupee is poised to retain its weakening bias on Monday, pressured by broad losses in regional peers, lacklustre foreign equity inflows and persistent dollar demand from local corporates. The 1-month non-deliverable forward indicated a flat-to-slightly-weaker open on Monday from 86.1475 in the previous session. The rupee has slipped near to 1% in the last two weeks and now hovers near its lowest level in almost a month. With the dollar/rupee pair "having clipped past 86, it looks like we're in a slow push higher," said a currency trader at a Mumbai-based bank. "Right now, I don't see anything that could meaningfully turn the rupee around. The U.S.-India trade deal is one factor, though expectations of India making a relatively favourable one are fading.' Bankers said importers have been actively buying dollars for payments and short-term hedging, while foreign portfolio investor flows have remained muted. Offshore investors have pulled out more than $600 million from Indian equities so far this month, after pumping in nearly $4 billion during May and June. Market participants are keeping an eye on headlines around the U.S.-India trade deal, though most reckon it's unlikely to offer much support to the rupee. The pause in the dollar's downtrend is adding to the pressure on the rupee. The dollar index climbed 0.6% last week, extending its nearly 1% rally from the previous week. The dollar index was hovering near 98.50 on Monday, while Asian currencies were mostly weaker. Market focus remains on U.S. President Donald Trump's tariff announcements ahead of the August 1 deadline. Other key events this week include the European Central Bank's rate decision and China–European Union summit. "A wait-and-see approach remains the most probable course of action for the ECB next week. With the next potential tariff escalation not expected until August 1, there's little reason for a pre-emptive rate cut now," ING Bank said in a note. KEY INDICATORS: ** One-month non-deliverable rupee forward at 86.28; onshore one-month forward premium at 10.25 paisa ** Dollar index at 98.48 ** Brent crude futures at $69.3 per barrel ** Ten-year U.S. note yield at 4.42%** As per NSDL data, foreign investors sold a net $333.4 million worth of Indian shares on July 17 ** NSDL data shows foreign investors bought a net $38.7 million worth of Indian bonds on July 17 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-07-2025
- Business
- Yahoo
Rupee likely to remain on backfoot as Asia FX dip, inflows dwindle
By Nimesh Vora MUMBAI (Reuters) -The Indian rupee is poised to retain its weakening bias on Monday, pressured by broad losses in regional peers, lacklustre foreign equity inflows and persistent dollar demand from local corporates. The 1-month non-deliverable forward indicated a flat-to-slightly-weaker open on Monday from 86.1475 in the previous session. The rupee has slipped near to 1% in the last two weeks and now hovers near its lowest level in almost a month. With the dollar/rupee pair "having clipped past 86, it looks like we're in a slow push higher," said a currency trader at a Mumbai-based bank. "Right now, I don't see anything that could meaningfully turn the rupee around. The U.S.-India trade deal is one factor, though expectations of India making a relatively favourable one are fading.' Bankers said importers have been actively buying dollars for payments and short-term hedging, while foreign portfolio investor flows have remained muted. Offshore investors have pulled out more than $600 million from Indian equities so far this month, after pumping in nearly $4 billion during May and June. Market participants are keeping an eye on headlines around the U.S.-India trade deal, though most reckon it's unlikely to offer much support to the rupee. The pause in the dollar's downtrend is adding to the pressure on the rupee. The dollar index climbed 0.6% last week, extending its nearly 1% rally from the previous week. The dollar index was hovering near 98.50 on Monday, while Asian currencies were mostly weaker. Market focus remains on U.S. President Donald Trump's tariff announcements ahead of the August 1 deadline. Other key events this week include the European Central Bank's rate decision and China–European Union summit. "A wait-and-see approach remains the most probable course of action for the ECB next week. With the next potential tariff escalation not expected until August 1, there's little reason for a pre-emptive rate cut now," ING Bank said in a note. KEY INDICATORS: ** One-month non-deliverable rupee forward at 86.28; onshore one-month forward premium at 10.25 paisa ** Dollar index at 98.48 ** Brent crude futures at $69.3 per barrel ** Ten-year U.S. note yield at 4.42%** As per NSDL data, foreign investors sold a net $333.4 million worth of Indian shares on July 17 ** NSDL data shows foreign investors bought a net $38.7 million worth of Indian bonds on July 17 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
