Japan: Tokyo Stock Exchange towards the extension of the hours

TOKYO, OCTOBER 27 – The Tokyo Stock Exchange (TSE) will extend trading hours by 30 minutes starting from fiscal year 2024, to make the exchange more competitive compared to other international markets and expand its appeal to international investors. This was announced by the Japan Exchange Group, explaining that this is the first decision in 70 years concerning the extension of working hours, and will serve to prevent malfunctions at the end of trading, which currently take place from 9 am to 3 pm. with an hour break for lunch. The third largest equity market by market capitalization encompasses some 3,700 listed companies, and in October last year it was hit by a blackout that disrupted financial operations in the associated markets of Sapporo, Nagoya and Fukuoka. (HANDLE).

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