TOKYO -- The revamped Tokyo Stock Exchange's new big board may look much like the old one. But a deeper analysis shows how investors are trying to pick winners out of the Japanese stock market's biggest shake-up in six decades.
Shares choosing second-tier Standard market gain 3% from August

Critics of the Tokyo Stock Exchange say its new top tier should be more selective. (Photo by Shunsuke Inaba)
TOKYO -- The revamped Tokyo Stock Exchange's new big board may look much like the old one. But a deeper analysis shows how investors are trying to pick winners out of the Japanese stock market's biggest shake-up in six decades.