MUFG stock in focus: BOJ decision week, yen swings and a U.S. holiday ahead
MUFG shares closed at 2,990 yen in Tokyo on Friday, while its U.S. ADR ended at $18.90. The Bank of Japan’s Jan. 22-23 policy meeting is expected to drive moves in the yen and Japanese bank stocks. MUFG will report December-quarter earnings on Feb. 4. Its U.S. securities unit joined the New York Fed’s primary dealer roster on Jan. 15.