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New stock index — the Yomiuri 333 — coming to the Japanese market

The Yomiuri Shimbun is introducing a new stock index in March and aims to make it a benchmark for the Japanese market, the company announced Thursday.

It will be called the Yomiuri 333 and have 333 constituent companies.

The newspaper publisher said a distinguishing characteristic of the new index is that it will equally weight each stock in calculating the value.

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