MUFG: Buy The Dip

The bullish trends for MUFG stock are supported by strong financial performance, strategic initiatives, and favorable market conditions. MUFG has demonstrated robust financial results, achieving record net profits of ¥1,258.1 billion in the first half of FY2024, a 46% increase year-on-year. This marked the first time the bank exceeded ¥1 trillion in interim profits since its establishment. The company has also revised its full-year profit target to ¥1.75 trillion

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