Japan launched a new stock index on Monday, making it easier for investors to determine the value of companies in stock markets, in a move to promote corporate governance reforms in the world’s third-largest economy.
The new “JPX Prime 150” index is a curated list of 150 companies listed on the Tokyo Stock Exchange, which includes companies of such technology giants as Sony Group, Hitachi, Nintendo, Marubeni backed by Warren Buffett, Itochu and Mitsui.
The index excludes such car manufacturers as Toyota Motor and Nissan Motor”.
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