Japan Exchange Group is reshuffling the TOPIX constituent stocks, with the change reported to take place on 30 October. Trading by index-linked funds could total approximately ¥9.6 trillion as of the close on 29 October, with approximately ¥974.8 billion of buying expected in Kioxia Holdings.
Japan Exchange Group is scheduled to carry out its regular reshuffle of the constituent stocks of the Tokyo Stock Price Index, or TOPIX, on 30 October. This will be the first reshuffle under the new criteria, and related market activity is attracting attention.
As of the close of trading on 29 October, trading by institutional investors, primarily through index-linked funds, could reach approximately ¥9.6 trillion in total. This is expected to significantly increase trading demand in the market.
Among the stocks affected, buying in Kioxia Holdings is estimated at approximately ¥974.8 billion. The supply-demand dynamics associated with the reshuffle could affect the market as a whole.