Japan Stock Futures Little Changed Ahead of BOJ Decision
This article is for subscribers only.
Japanese stock futures were little changed on speculation the Bank of Japan will refrain from boosting monetary easing measures today, damping demand for growth-sensitive and financial shares that benefit from stimulus measures.
American depositary receipts of Mitsubishi UFJ Financial Group Inc., Japan’s biggest lender, fell 0.7 percent from the closing share price in Tokyo. Shares of Mitsui Fudosan Co. may be active after Japan’s largest property developer by sales forecast profit will more than double to at least 110 billion yen ($1.35 billion) in the year ending March 2018. ADRs of Woodside Petroleum Ltd., Australia’s No. 2 oil producer, sank