Sapporo Securities Exchange Closed Due to Quake

Economy

Tokyo, Sept. 6 (Jiji Press)--The Sapporo Securities Exchange shut its stock market throughout Thursday after a powerful earthquake hit the northernmost Japan prefecture of Hokkaido earlier in the day.

There was no stock transaction at all on the exchange because its monitoring and other systems did not go into operation due to a blackout caused by the temblor, exchange officials said.

The exchange is preparing to reopen on Friday after power was restored at the exchange around 2:30 p.m. (5:30 a.m. GMT), according to the officials.

Of the 56 companies listed there, 15 trade only on the exchange in the capital of Hokkaido. Among the 15 are food maker Nichiryo Baking Co. <2218> and gym operator Rizap Group Inc. <2928>, which is listed on the exchange's Ambitious section for startups.

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