Tokyo Stock ‌Exchange Extends​ Working Hours to Boost Trade

The Tokyo Stock Exchange has extended its ‌working hours for⁣ the first time in 70 years to ​attract investors and boost trade, according to Kyodo news agency.

The working hours of⁣ the stock exchange have ​been‍ extended⁤ by ⁣30 minutes, allowing trading to take place between 9:00 am and 3:30 pm, ​with⁤ an hour break for lunch.

The stock ⁣exchange’s working ⁤hours were last adjusted in November 2011, when the morning session‍ was extended ‍by 30 minutes ‍to end at 11:30 am.

The longer opening hours on the Tokyo market ‍also provide ‍investors with more time to trade in case of any problems, such as ⁢a system outage, the exchange operator said in a statement.

However, analysts⁣ are⁤ not sure ⁣whether this change will immediately lead to an ‍increase in trading on the Tokyo Stock Exchange.

Trade volume ⁣on the Tokyo Stock Exchange on⁢ the⁣ first day of extended working hours was about 1.9 billion shares, down from Friday’s ‌two⁤ billion shares, according to Tanjug.