Market News

Apr. 20, 2018 TSE Daily Price Limits to be Broadened : Palma Co.,Ltd.

 

Palma Co.,Ltd. (Code: 3461) has fallen under the following (1) or (2) for three consecutive business days. As such, TSE wishes to bring to your attention that it will broaden only the upper daily price limit on the next business day (April 23) as follows.

(1) The upper daily price limit is reached and trading volume is 0 without conducting allocation at the upper daily price limit
(2) Trading volume remains at 0 shares until the end of the afternoon session, trades are executed at the upper daily price limit at the close of the afternoon session with bids remaining at the upper daily price limit.

Upper daily price limit: 2,000 yen (Lower limit will remain 1,000 yen as per normal)
Base price: 5,650 yen; Upper daily price limit: 7,650 yen; Lower daily price limit: 4,650 yen

(Note 1) If a trade is executed at a price other than the upper daily price limit on or after April 23, TSE will return the daily price limits to normal (i.e., the daily price limits will continue to be broadened if trading is only executed at the upper daily limit price, or the trading session ends with a quote displayed at the upper daily limit price without any trade being executed).
(Note 2) Please note that a market order may be executed at an unexpected price due to the broadened daily price limits.
(Note 3) Other listed markets: N/A

Enquiry

Tokyo Stock Exchange, Inc. Equities Department
TEL:Tel: +81-3-3666-0141