TOKYO — Japan’s retail investors are purchasing stocks through the Nippon Individual Savings Account program at a record pace following its overhaul earlier this month, with Japan Tobacco and other high-dividend shares drawing particular interest.
Stock purchases through tax-exempt NISA accounts totaled 464.9 billion yen ($3.1 billion) in the two weeks through Jan. 19, according to data collected by Nikkei from leading online brokerages SBI Securities, Rakuten Securities, Monex, Matsui Securities and au Kabucom Securities.
