Ruling Party: Japanese Shares

ruling party: That came after they sold more than 7 billion in cash equities this year through mid-September. ; Some of the buying preceded even local media suggestions that an election would be called, according to The Japan Times. But it came as Abe's Cabinet approval rating jumped on his response to North Korea firing missiles over the country. Foreigners bought a net 2.1 trillion 19 billion of Japanese stock futures between Sept. 11 and 22, according to data released by Osaka Exchange Inc. on Thursday and last week. Abe has previously called a snap election when his ratings were high, and Japanese stocks tend to climb in the run-up to such votes. That's why hedge funds bought like crazy. If the ruling party wins, Japanese shares will rise even more, said Norihiro Fujito, a senior strategist at Mitsubishi UFJ Morgan Stanley Securities Co. in Tokyo. (news.financializer.com). As reported in the news.