Tokyo Stock Exchange extends trading hours by 30 minutes starting November 5
The Tokyo Stock Exchange will extend trading hours by 30 minutes, closing at 3:30 p.m. starting November 5. This change allows more companies to report earnings during trading hours, increasing competition between traditional investors and high-frequency traders. Over 40% of companies will release earnings during the extended period, up from less than 20% last season. Concerns have been raised that this shift may lead to price movements driven by algorithms, which could disadvantage long-term investors who need time to analyze information. The Japan Exchange Group aims to improve operations and recovery from potential trading disruptions. Experts note that the new schedule may complicate decision-making for institutional investors, as they require more time to process earnings reports and corporate feedback.