Japan's Nikkei extends early gains as BOJ holds rates steady [Yahoo! Finance]
Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG)
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Source: Yahoo! Finance
TOKYO, April 26 (Reuters) - Japan's Nikkei share average extended early gains on Friday after the Bank of Japan (BOJ) opted to leave interest rates unchanged, as widely expected, and said accommodative monetary conditions are likely to continue for the time being. The Nikkei was up 0.7% at 37,890.48, as of 0400 GMT, half an hour into the afternoon session, with the BOJ announcing its decision during the recess. Japan's equity benchmark finished the morning up 0.4%. For the week, the index has added 2.2%, recouping part of the previous week's 6.2% tumble, its worst weekly performance since June 2022. The broader Topix was up 0.7%, heading for a 2.1% advance for the week. The BOJ maintained its short-term interest rate target at a range of 0-0.1% in a unanimous vote, and issued fresh estimates projecting inflation to stay near its 2% target in the next three years. At the same time, a much simplified statement format left some market participants wondering whether there was s
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MFG
Sec Filings
- 2/26/24 - Form 6-K
- 2/22/24 - Form 6-K
- 2/22/24 - Form 6-K
- MFG's page on the SEC website