The Tokyo Stock Exchange (TSE) releases information about adjustments made to indexes before and after the dematerialization of listed stocks planned on 5 January 2009.
The details of changes as well as guides to handle the adjustments are available in two documents posted on TSEs website. The changes will apply to adjustments made to indexes such as the TOPIX index during the period from the close of trading on 24 December 2008 until the close of trading on 6 January 2009. If there is to be a new listing, the regular date of the adjustment of the index is one business day before the last business day of the next month of trading.
Under the changed schedule, if the listing date is in November 2008, the issue will be added after close of trading on 29 January 2009, instead of the end of December 2008, as would have been the case under the regular schedule.
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