Wednesday, December 30, 2009

取引所大納会(torihikijo dainokai): The last session of the year

There was the last session of the year at the Tokyo Stock Exchange today. This is called dai nokai (大納会), literally means big closing meeting. On dai nokai only half session has been held until last year, but from this year the session lasted for all day long.
On this occasion, the key person of the year is invited as a guest and rings the bell of ending. This year's guest was the professional golfer, Ishikawa Ryo (石川遼) who became the youngest prize winner.
This year's closing price was yen 10,546 which was yen 91.62 cheaper than yesterday, but yen 1,686.88 higher than last year. It's been 3 years since the stock price ends by exceeding the one of the previous year. The upturn rate of the year was 19%.
The first session of the year is called dai hakkai (大発会) and held on January 4. On this day usually young ladies attend the meeting with beautiful kimono.

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