21 Nov '11, 5am

Tokyo Stock Exchange extends morning trading hours

TOKYO (AFP) - The Tokyo Stock Exchange on Monday began to implement a 30 minute extension to its trading morning in the hope of revitalising activity amid intensifying global competition to lure investors. The TSE said its morning trading session for stocks, which opens at 9am (0000 GMT, 8am Singapore time), will run to 11.30am instead of the previous 11am. The afternoon trading session, from 12.30pm to 3pm, remains unchanged. The plan to give market players more trading time was due to begin in May but was put on hold due to the March 11 earthquake and tsunami and expectations of summer power shortages caused by the Fukushima nuclear crisis. The 30 minute morning extension also applies to the Osaka, Nagoya, Fukuoka and Sapporo bourses. The Tokyo Stock Exchange, the biggest stock exchange in Japan, is currently in talks about a possible merger with the Osaka exchange, whic...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

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