Japanese stocks hit by biggest foreign weekly selloff since March as tech rally cools

Foreign investors dumped a net 1.82 trillion yen (about $11.2 billion) of Japanese stocks last week, the biggest weekly outflow since March 28, driven by a cooling tech rally. The tech-heavy Nikkei 225 fell 2.7 percent during the week, though domestic retail investors cushioned the blow with a record net purchase of about 950 billion yen (around $5.9 billion). Despite the pullback, the Nikkei 225 had logged its strongest quarterly gain on record, but fading enthusiasm around AI-linked valuations is raising volatility risks.