The price limiting mechanism (PLM) aimstolimit the rangeofdailyfluctuations of stockprices in order to reducestock market fluctuation and enhancemarketefficiency.
To reduce the risk of panic, the Tokyo Stock Exchange opened half an hour later than usual and halved the limits placed on daily stock-price movements.
It has no dailystock quots or charts of stockprice movement but does claim to provide reports on 2, 900 companies and 30 industry sectors in seven Latin American economies.