Tokyo Metro shares fall back as Morgan MUFG cuts rating

Tokyo Metro shares retreated, falling ¥37 from the previous day to ¥1,442 in morning trading. As prices remained at lower levels in the afternoon, Morgan Stanley MUFG Securities was reported to have changed its investment rating on the company effective 30 September.

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The story

Tokyo Metro shares retreated, falling as much as ¥37 from the previous day to ¥1,442 in the morning. Prices reportedly remained at lower levels in the afternoon. The article focuses on this price movement.

In related news, Morgan Stanley MUFG Securities was reported to have changed its investment rating on Tokyo Metro effective 30 September from Equal-weight. The specific new rating is not stated in the main text.

At a glance

Ticker symbol9023

Stock price trendFell by ¥37 from the previous day to ¥1,442 in the morning. Remained at lower levels in the afternoon

Decline rateA decline of approximately 2.50% has been reported

Change in investment ratingMorgan Stanley MUFG Securities changed its rating effective 30 September

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