Mitsubishi Ufj Financial Group Inc. (MUFG) Plunges 13% Amid Market Sell-Off

On April 7, 2025, Mitsubishi Ufj experienced a significant drop of 3.8% in pre-market trading, reflecting broader market volatility and investor concerns.

In the banking sector, Mitsubishi Ufj Financial Group Inc. faced substantial pressure, with its stock plunging 13% in response to broader market declines. This sharp drop was part of a wider sell-off in the Japanese market, where the Nikkei 225 index slumped 9% to a 17-month low. The decline was largely attributed to President Donald Trump's announcement of new reciprocal tariffs, which included exemptions for certain plastic resins, adding to the uncertainty in the market.

The broader market sentiment was negative, with major Asian indices experiencing significant declines. The Nikkei 225 index in Japan, for instance, saw a 6.48% drop, while the Korean Composite Stock Price Index (KOSPI) fell by 4.71%. This widespread sell-off was driven by concerns over global trade tensions and economic uncertainty, which impacted investor confidence across the region.