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SUMB

FSX
21 EUR
0
0%
Last update Jul 16, 8:04 AM CEST
Market closed
Day range
21
21
Previous close
21
Open
21
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Sumitomo Corporation Sponsored ADR
21.00
0
0%

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
Market closed

Exchange is currently closed
Main market opens in 9 hours 59 minutes

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Trading Hours (Monday - Friday):

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