In today’s briefing:
- India’s Largest Exchange Took Major Move To Improve Price Efficiency
- Japan Weekly | JMDC, Sanrio, Lasertec, Hakuhodo
India’s Largest Exchange Took Major Move To Improve Price Efficiency
- Overall, the introduction of the price-linked tick size mechanism by the NSE is a positive development as it leads to improving market efficiency and enhancing price discovery.
- This move is likely to benefit investors by reducing slippage costs and improving liquidity, especially for small-cap and mid-cap stocks.
- The move is also evidence of intense competition between NSE and BSE. BSE earlier was the only exchange to offer reduced tick size.
Japan Weekly | JMDC, Sanrio, Lasertec, Hakuhodo
- Global markets retained their positive momentum as weak U.S. economic data renewed concerns about the growth outlook.
- Next week is set to be eventful, with the FOMC and Bank of Japan meetings on the agenda. The FOMC, expected to maintain policy rates, might offer few surprises.
- Oil prices, after a five-day decline, rebounded as OPEC+ extended production cuts through 2025.