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Start Trading in New Markets such as "Prime Market" with Small Stock Price Movements

In Tokyo stock market on the 4th of April when transactions in new market such as “Prime Market” started, stock prices have been moving slightly.

On the 4th of April, the TSE was reorganized into three new markets, including the prime market, and the price rose slightly and the transactions began.

After that, there were some states where the price dropped, and it was a gradual development.

The closing price of Nikkei Stock Average in the morning are 27,626.77 yen, which is 39.21 yen lower than the closing price last weekend.

On the other hand, the Tokyo Stock Price Index, topics rose from 1.24 to 1945.51.

The morning trading volume was 472.02 million shares.

Market officials said, "The progress of the ceasefire negotiations between Russia and Ukraine is uncertain, and the outlook for the US economy is divided, so buying and selling are mixed. In the morning transaction, a new market will start. There were only a limited number of buy orders that would lead to the so-called "congratulatory market". Which mean to mark congratulatory high average prices for the first auctions of the year.

Source: https://www3.nhk.or.jp/news/html/20220404/k10013566331000.html