Foreign investors staged their biggest weekly selloff in Japanese shares in the week ended June 27, locking in gains in technology stocks, Reuters reported. Sentiment on the Street was further dampened by concerns over stretched AI valuations and debt-fuelled spending on artificial intelligence.
Foreign investors dumped a net 1.82 trillion yen ($11.2 billion) of Japanese stocks last week, marking the biggest weekly outflow since March 28, data from Japan's Ministry of Finance showed Thursday.
