🟢 Mizuho Financial Group is trading 4.2% up in pre-market on broad risk-on sentiment

Mizuho Financial Group is trading 4.2% up at $11.40 after a strong risk-on pre-market backdrop, with major U.S. indices gaining more than 0.5%.

• The Bank of Japan’s September 18 rate hike to 1.25% supported Japanese bank sentiment.
• Markets viewed the hike as gradual and potentially favorable for bank margins.
• No new company-specific catalyst was identified.