Sumitomo Mitsui Financial Group Inc (SMFG) Shares are Up 3.61%

Sumitomo Mitsui Financial Group Inc (SMFG) : Traders are bullish on Sumitomo Mitsui Financial Group Inc (SMFG) as it has outperformed the S&P 500 by a wide margin of 6.39% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.55%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.61% in the last 1 week, and is up 7.49% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 5.68% and the 50-Day Moving Average is 9.38%. Sumitomo Mitsui Financial Group Inc (NYSE:SMFG): On Fridays trading session , Opening price of the stock was $6.6 with an intraday high of $6.615. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $6.55. However, the stock managed to close at $6.6, a loss of 1.05% for the day. On the previous day, the stock had closed at $6.67. The total traded volume of the day was 815,121 shares.


Institutional Investors own 1.23% of Sumitomo Mitsui Financial Group Inc shares.

Sumitomo Mitsui Financial Group, Inc. (SMFG) is principally engaged in the operation of banking business. The Banking segment is engaged in the operation of deposit business, lending business, trading securities buying and selling business, securities investment business, domestic and foreign exchange business, corporate bond trustee and registration service, trust business, securities investment trust and insurance counter sales. The Lease segment operates leasing activities. The Securities segment operates securities business. The Consumer Finance segment operates credit card business, consumer credit business, consumer lending business, automobile sales finance business, collecting agency and factoring business. The Other segment operates system development and information processing business, consulting and think tank business, venture capital business, business consulting operations, pension and investment management business, as well as other related financing services.

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