Mitsubishi UFJ FG shares temporarily gain 2.2% on BOJ board member Masu's call for continued rate hikes

The story

Mitsubishi UFJ shares temporarily rose to ¥3,681 in afternoon trading, putting them ¥80 higher than the previous day's close. As of 14:10, the stock was reported on the Prime Market under code 8306.

The move was reported in connection with news that BOJ board member Masu (増) had argued for continued rate hikes, against a backdrop of U.S. long-term interest rates remaining at elevated levels.

At a glance

Share price levelTemporarily rose as much as 2.22% to ¥3,681

ChangeA gain of approximately ¥80

TimingAs of 14:10

Background factorsBOJ board member Masu (増) argued for continued rate hikes

Market indexU.S. long-term interest rates at around 4.85%

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