Shareholders add a net $4.6bn to Japanese banks

Large shareholders disclosed $4.6bn of net increases in Japanese banks. Across 11 reports, investors made $4.7bn of purchases in the sector. Disclosed reductions in banks totalled $106.5mn. Technology and telecoms groups recorded $1.1bn of increases and $251.7mn of reductions across 133 reports.

Holders cut a net $5.0bn from retailers. A total of 91 reports in retail companies revealed $5.9bn of reductions against $862.0mn of increases. Electronics makers recorded $3.5bn of reductions and $492.7mn of increases across 66 reports. Net reductions for electronics makers reached $3.0bn.

Across the broader market, 352 filers submitted 903 reports. Reductions reached $17.0bn across 455 reports, accounting for 54 per cent of total value. Increases totalled $14.4bn across 448 reports, representing 46 per cent. In the previous period, 336 filers submitted 769 reports with $10.8bn of increases.