Market Analysis: Large investors are reentering the market, Japanese stock market is expected to continue its upward trend.

The Japanese stock market is expected to regain its upward momentum, as pension funds and other institutional investors appear to be ending their selling activities and are re-balancing their portfolios after the rebound in the market after the general election. The wave of direct selling from so-called "real money funds" has eased, with such trades accounting for 60% of the constituents of the TOPIX index on Tuesday, the lowest level since last month. This data reflects orders not placed for the purpose of short selling, often signaling market trends. When the TOPIX index reached a historical high in mid-January, real money fund orders accounted for more than 60% for 9 consecutive trading days, followed by short selling funds, indicating the market bottoming out. This ratio has now been above 60% for 11 consecutive trading days.