TOKYO -- Overseas investors sold 5.99 trillion yen ($59 billion) more in Japanese shares than they bought from Jan. 1 to Sept. 23, with that figure poised to overtake the record set during the run-up to Black Monday nearly three decades ago.
Foreign investors sold 4.1 trillion yen in Japanese equities on a net basis during the first nine months of 1987. Wall Street later collapsed, in October of that year, triggering a global stock market crash. Foreign investors ended up net-selling 7.19 trillion yen worth of stocks in Tokyo for the full year. The Tokyo Stock Exchange first began tracking such data in 1982.
