Tokyo Stock Exchange Closes for Three Days Amid Rate Hike Support

The Tokyo Stock Exchange (TSE) and other major cash equity markets in Japan are closed for three days, from September 21 to September 23. This break coincides with three separate holidays on Japan's calendar: Respect for the Aged Day, Citizens' Holiday, and Autumnal Equinox Day.

Despite the closure of regular Tokyo-listed shares trading, selected derivatives remain available. The Japan Exchange Group (JPX) has scheduled holiday trading through the Osaka Exchange on September 21, 22, and 23, allowing investors to trade Nikkei 225 futures.

The Bank of Japan raised its policy rate by 25 basis points to 1.25%, lifting borrowing costs to their highest level since 1995. Although this decision was widely expected, two policymakers voted against the move. The weaker yen, which fell to around 157 per US dollar following the decision, supports Japanese exporters and provided additional support to export-oriented stocks before the market holiday.

Regular trading in Tokyo-listed shares will resume on Thursday, September 24. Until then, investors can monitor Nikkei futures, currency markets, and overseas trading for indications of changing market expectations.