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SUMB

FSX
22.60000 EUR
0.2
0.89%
Last update May 19, 8:15 AM CEST
Main market
Day range
22.60000
22.60000
Previous close
22.40000
Open
22.60000
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Sumitomo Corporation Sponsored ADR
22.60
0.20
0.89%

Overview

Description

Sumitomo Corporation Sponsored ADR represents shares of Sumitomo Corporation, a diversified trading and investment enterprise based in Tokyo, Japan. As a sponsored American Depositary Receipt (ADR), this asset allows U.S. investors to access shares of Sumitomo without the need for direct dealings in international markets. Sumitomo Corporation's primary function involves trading and investing across various sectors including metal products, transportation, construction systems, and real estate. Moreover, its involvement spans into industries like media, digital, and consumer goods. These activities highlight its role in global supply chain management and strategic investment operations. The ADR facilitates cross-border investment by providing easier access and denominating transactions in U.S. dollars, thus playing a vital role in bridging Sumitomo’s global operations with U.S. capital markets. This structure enhances international diversification opportunities for U.S. investors, reflecting Sumitomo's expansive reach and integration into global trade networks.

About

CEO
Mr. Shingo Ueno
Employees
0
Address
Otemachi Place East Tower
3-2 Otemachi 2-Chome Chiyoda-ku
Tokyo, 100-8601
Phone
81 3 6285 5000
Instrument type
Common stock
Sector
Industrials
Industry
Conglomerates
Country
Germany
MIC code
XFRA
Main market

Exchange is currently active.
Closing in 12 hours 36 minutes

09:23
00:00
08:00
22:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 22:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).