Investors Who Bet On Japan In 2006 may feel down on their luck. After the benchmark Nikkei 225 index surged to a 15-year high in April, the market sputtered. Between May and November, the Nikkei lost nearly 6%, vs. a gain of 10% for the Standard & Poor's 500-stock index, sending foreigners to the exits. Net purchases of Japanese stocks by international investors totaled around $35 billion in the first 11 months of 2006, compared with $85 billion during the same period in 2005.
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