Japan’s JPX Reports Dim Trading Volumes for April 2018

by Aziz Abdel-Qader
  • The JPX also saw a soft monthly performance across its derivatives trading‎.
Japan’s JPX Reports Dim Trading Volumes for April 2018
Finance Magnates

The Japan Exchange Group (JPX), which operates multiple securities exchanges including the Tokyo Stock Exchange and the Osaka Securities Exchange, has reported its monthly ‎trading volumes for April 2018, which failed to build on the previous ‎month’s healthy gains.

The JPX reported an average daily volume (ADV) for the Tokyo Stock Exchange ‎at 3.03 trillion yen ($27.6 billion), a drop of 8.8 percent month-over-month from 3.3 trillion yen ($30.3 billion) in March 2018. However, the figure reflects a gain of 10 percent year-over-year compared to 2.8 trillion yen ($25.1 billion) in April 2017‎.

The weak figures were partially driven by a drop in trading activity – 1.890 billion shares per day were reported compared to 1.938 billion shares in March 2018, or -3.0 percent month-over-month. Across a yearly interval, this figure reflects a 23 percent decrease, from 2.45 billion contracts.

In terms of exchange-traded-funds (ETFs), the monthly trading value at the JPX yielded a figure of 3.97 trillion yen ($36.2 billion) in April 2018, which amounts to a 33 percent fall month-over-month. However, ETFs turnover experienced a notable increase compared to a year earlier, growing 22 percent from April 2017.

The JPX also saw a soft monthly performance across its derivatives trading, corresponding to a total trading volume of 26 million contracts in April 2018. The figure fell 38 percent from 42 million contracts in March 2018 but saw a 2.4 percent increase on a year-over-year basis.

Moreover, total derivatives trading at the JPX registered a value of 198 trillion yen ($1.8 trillion) in April 2018, which correlates to nearly 45 percent drop month-over-month and 23 percent increase year-over-year

The Japan Exchange Group (JPX), which operates multiple securities exchanges including the Tokyo Stock Exchange and the Osaka Securities Exchange, has reported its monthly ‎trading volumes for April 2018, which failed to build on the previous ‎month’s healthy gains.

The JPX reported an average daily volume (ADV) for the Tokyo Stock Exchange ‎at 3.03 trillion yen ($27.6 billion), a drop of 8.8 percent month-over-month from 3.3 trillion yen ($30.3 billion) in March 2018. However, the figure reflects a gain of 10 percent year-over-year compared to 2.8 trillion yen ($25.1 billion) in April 2017‎.

The weak figures were partially driven by a drop in trading activity – 1.890 billion shares per day were reported compared to 1.938 billion shares in March 2018, or -3.0 percent month-over-month. Across a yearly interval, this figure reflects a 23 percent decrease, from 2.45 billion contracts.

In terms of exchange-traded-funds (ETFs), the monthly trading value at the JPX yielded a figure of 3.97 trillion yen ($36.2 billion) in April 2018, which amounts to a 33 percent fall month-over-month. However, ETFs turnover experienced a notable increase compared to a year earlier, growing 22 percent from April 2017.

The JPX also saw a soft monthly performance across its derivatives trading, corresponding to a total trading volume of 26 million contracts in April 2018. The figure fell 38 percent from 42 million contracts in March 2018 but saw a 2.4 percent increase on a year-over-year basis.

Moreover, total derivatives trading at the JPX registered a value of 198 trillion yen ($1.8 trillion) in April 2018, which correlates to nearly 45 percent drop month-over-month and 23 percent increase year-over-year

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
  • 4985 Articles
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About the Author: Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers

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