Tokyo Exchange Outage Seen Not Hurting Stocks If Kept to One Day
This article is for subscribers only.
Investors waiting for Japan’s $6.15 trillion equity market to reopen after a hardware breakdown say the impact on share prices should be limited if the stoppage is kept to just one day.
While the Tokyo Stock Exchange gave no time frame for when trading would resume from its worst outage since the bourse fully computerized trading in 1999, some investors are confident operations will restart Friday. TSE operator Japan Exchange Group Inc. gave no time frame for when trading will begin, saying that it will give a briefing at 4:30 p.m. in Tokyo on Thursday.