TOKYO: The Tokyo Stock Exchange officially absorbed the smaller Osaka bourse, creating the world’s third-largest stock market on a par with London.
The move inflates the combined market to about 3,400, up from Tokyo’s previous 2,300 stocks, and values the market at about US$4.4 trillion, according to the Tokyo Stock Exchange. The total also includes hundreds of firms listed on the Jasdaq start-up market.
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