MITSUBISHI UFJ FINANCIAL GROUP INC
No SEC Form 4 filings for $MUFG in the last 30 days.
Bloomberg, citing sources, says Mitsubishi UFJ Financial Group (MUFG) is reviewing options for its 92.5% stake in PT Bank Danamon Indonesia, including delisting or reducing its ownership to raise public float. MUFG is working with an adviser. Danamon said it is studying updated rules. Indonesia’s reforms give listed firms up to three years to meet free-float requirements.
Japan’s Nikkei 225 rose sharply on Wednesday, reversing Tuesday’s decline, reaching a fresh all-time high. The index was up 919.94 points (1.42%) at 65,916.03 after hitting 66,428.81. Tech and chemical stocks led gains, while SoftBank and some banks fell. Japan producer prices rose 3.0% y/y in April, below 3.3% expected.
Japan’s Nikkei 225 rose sharply on Wednesday, up 919.94 points (1.42%) to 65,916.03, after hitting a fresh all-time high of 66,428.81. Tech gains offset declines in automakers and banks. SoftBank fell nearly 4% and Fast Retailing rose nearly 4%. Producer prices rose 3.0% y/y in April, below expectations.
