Japanese Stock Markets and Market Rally

nonresidents: The figure reflects the departure of nonresidents from Japanese stock markets in fiscal 2015 amid worries over China slowdown and slumping oil prices, according to The Japan Times. Foreign investors were a main driver of the earlier market rally, which helped to drive the yen down. It was the first decline in four years. The Nikkei average stood at 16,758.67 on March 31, down nearly 13 percent from a year earlier. The data was compiled by stock exchanges in Tokyo, Sapporo, Nagoya and Fukuoka. It was the first year-on-year decline in five years. (news.financializer.com). As reported in the news.