Wednesday, December 8

Japan stocks rise as trade resumes after outage debacle


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TOKYO — Japanese stocks rose early on Friday as trading resumed after an unprecedented one-day outage on the Tokyo Stock Exchange the previous day due to systems trouble.

The Nikkei average and the Topix index were both up around 0.8% at 0006 GMT.

The glitch was the result of hardware problem at the exchange’s “Arrowhead” trading system, and a subsequent failure to switch to a back-up, the bourse said on Thursday.

(Reporting by Chris Gallagher Editing by Shri Navaratnam)



financialpost.com