Japan Is Rethinking Almost Everything About Its Stock Benchmarks
- JPX issued investor feedback report on ways to revamp indexes
- Not strange to reorganize Mothers, Jasdaq: MUFJ-MS’s Fujito
Photographer: Bloomberg
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Japan is reviewing options to overhaul its stock benchmarks and exchanges and will consider ways to simplify them. This means one of its two startup gauges, or both, may go away.
Japan Exchange Group Inc. on Wednesday released a report on feedback from investors, corporations and brokerages on ways to revamp its four sections -- the first section, the second section, the Mothers and Jasdaq. The release confirmed media reports that the bourse is considering cutting the number of markets to three from four. It cited criticism from market participants who said there were too many sections on the Tokyo Stock Exchange.