Japan launches Prime 150 stocks benchmark to help investors identify value
Publishing timestamp: 2023-07-03 04:08:30
Summary
The article discusses the launch of the JPX Prime 150 Index in Japan, which is a curated list of 150 constituent listings on the Tokyo Exchange. The index includes companies like Sony Group, Hitachi, Nintendo, and trading houses backed by Warren Buffet. The index is seen as a way to strengthen corporate governance reforms in Japan and make it easier for investors to identify corporate value in the equity markets. The article also mentions that index-based products based on the JPX Prime 150 Index, such as index futures and exchange-traded funds, will be available by the end of the year.
Sentiment: NEUTRAL
Tickers: 7974.T-JP, 7203.T-JP, 8002.T-JP, 6758.T-JP, 6501.T-JP, 8031.T-JP, 7201.T-JP, .N225, 8001.T-JP,
Keywords: japan, nikkei 225 index, breaking news: markets, mitsui & co ltd, economic events, tokyo, business news, markets, hitachi ltd, asia economy, shinzo abe, itochu corp, nissan motor co ltd, toyota motor corp, nintendo co ltd, marubeni corp, sony group corp,