TOPIX Banks Exchange Traded Fund (ETF) (1615) Is Yet to See Trading Action on Nov 9

November 9, 2017 - By Maria Brooks

Shares of TOPIX Banks Exchange Traded Fund (ETF) (TYO:1615) closed at 201 yesterday. TOPIX Banks Exchange Traded Fund (ETF) currently has a total float of 248.36M shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 146 and high of 208.

TSE: One Of Asia’s Hope

Asia has a number of big economic players and one of them is Japan. The nation is not only known for its research advancements and rich culture but also for its fast-paced economic growth.

The Tokyo Stock Exchange (TSE) plays an important role in Japan’s growth prospects. It is one of the most important stock exchanges in Asia as it accounts for meaningful economic developments in the region.


The TSE was formed in 1878, giving birth to one of Asia’s first stock exchanges. In 1943, it became bigger and better as it merged with five national stock exchanges.

Shortly after, the TSE had to close in 1945 because of the World War II (WWII). The rest, as they say, is history’ history that cannot be buried with so much to learn from it.

Rebuilding the Economy

Under a new Securities Exchange Act, Japan was finally able to start rebuilding the economy in the post-war era by reopening the TSE on May 16, 1949. Consequently, that year became the base date of the Nikkei 225 or Nikkei Stock Average, the benchmark Japanese index measuring the top stocks on the TSE. It is widely considered as the Dow Jones Industrial Average (DJIA) of Japan, being an important economic indicator to both the country and its home region.

The Nikkei 225, unlike most commonly quoted indices, is a price-weighted index. The 225 blue-chip stocks that make it up are measured according to share prices. The components are evaluated once a year, particularly every September.

The Nikkei 225 had its best and worst days. In the 1980s, the TSE had made up 60% of the world’s market capitalization, making Japan the leading global economy. This feat is impossible without the efforts of the Bank of Japan (BOJ) to steer away from yet another recession.

However, as aforementioned, the Nikkei 225 also had its worst days. In October 2008, it had declined below the 7,000 mark. This means that the Nikkei 225 was down by a whopping 80% from its all-time high of over nearly 40,000. TOPIX Banks Exchange Traded Fund (ETF) is a stock traded on the Japan stock exchange.

In March 2011, it has also suffered from the repercussions of the earthquake that hit Japan. When it was nearing the 10,000 mark, the Nikkei 225 had suddenly lost about 1,000. It had ended that year at 8,455.35, the lowest year-end value since 1982. In 2011 alone, it had depreciated 17%.TOPIX Banks Exchange Traded Fund (ETF) has relatively good liquidity.

Able to gradually recover, the Nikkei 225 had added 15% between 2012 and 2015. It had reached the 10,000 level in 2013 and the 20,000 level in 2015. In just two years, the Nikkei 225 had doubled. This speaks of why Japan is considered as Asia’s fastest growing economy. Amid all the obstacles and turmoils through all those years, the Nikkei 225 still continues to grow.

As one of Asia’s biggest economies, Japan definitely has a bright future ahead. Needless to say, investments in the TSE are also to benefit in this success in the long-term. The perfect time to buy TSE stocks is now. Professional analysts might be interested how this will affect TOPIX Banks Exchange Traded Fund (ETF).

More notable recent TOPIX Banks Exchange Traded Fund (ETF) (TYO:1615) news were published by: which released: “Here’s how to play the Bank of Japan’s changes to its asset-purchase program …” on September 23, 2016, also with their article: “Japan’s Topix Outshines Nikkei 225 Thanks to BOJ’s ETF Buying” published on August 21, 2017, published: “BoJ’s overhaul of ¥6tn ETF buying risks roiling markets” on September 22, 2016. More interesting news about TOPIX Banks Exchange Traded Fund (ETF) (TYO:1615) were released by: and their article: “Japan Central Bank’s ETF Shopping Spree Is Becoming a Worry” published on July 18, 2017 as well as‘s news article titled: “Japan’s record cash pile no good for banks” with publication date: September 26, 2016.

TOPIX Banks Exchange Traded Fund is an index fund exchange-traded fund in Japan. The ETF has market cap of $49.92 billion. The Fund is an open-end stock investment fund with an indefinite term of the project. It currently has negative earnings. The investment objective of the Fund is to provide investment results that generally correspond to the price and yield performance of the TOPIX Banks.

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By1 Maria Brooks

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