The ratio rose to 0.47 on Friday from 0.21-0.23 in the week before last, according to data from Axis Securities. The reading had been low – mostly in the range of 0.12 to 0.22 – in the past five months as foreigners had been maintaining bearish futures bets at near-record levels in the period, while simultaneously pruning their shareholdings.
Apple briefly tops $5 trillion in market value, second after Nvidia; unveils iPhone leasing scheme
Apple briefly surpassed $5 trillion in market value, becoming only the second company after Nvidia to reach the historic milestone.