TOKYO -- The Tokyo Stock Exchange takes a long-awaited step Monday in line with its global peers by standardizing the minimum number of shares investors can trade at 100, a move that coincides with renewed international interest in Japanese equities.
The change, which comes as the Nikkei Stock Average cruises near a 27-year high, could also embolden Japanese retail investors by lowering the threshold for buying blue chips like papermaker Oji Holdings and Sumitomo Realty & Development that still had 1,000-share lot sizes.
