11.   Domestic investors continued to be net sellers as they tried to pad their bottom lines before the fiscal year end in March.

12.   Even the average figure is a good one, since insiders at many companies, fed by stock options, tend to be net sellers of their own stock.

13.   Foreign investors have been net buyers for most of the last six months while domestic corporations have been net sellers.

14.   Foreign investors have been net buyers of Japanese stocks for the last four months while domestic insurance companies have been net sellers.

15.   Foreign investors, who buoyed stocks last year, have turned into net sellers.

16.   Foreign investors have countered the insurance selling by being net sellers for the last four months.

17.   Foreigners had been net sellers of gilts since last December.

18.   In August, foreigners were net sellers of Japanese equities for the first time in seven months, the Nihon Keizai newspaper reported.

19.   In the first half of the year, they were net sellers of U.S. Treasuries.

20.   Individual investors have been net sellers of Tokyo equities for the past two weeks in a row, according to the latest statistics from the Tokyo Stock Exchange.