Sumitomo Mitsui Financial Group stock gains 4.29 percent on September 25
AD HOC NEWS
Sumitomo Mitsui Financial Group (SMFG) stock gained 4.29% on September 25, driven by news of potential expansion in Vietnam and strong quarterly profits. SMBC is reportedly in talks to increase its holding in VPBank from 15% to 20%, while SMFG's profit rose 33.4% in the three months ending June 30, 2026. Despite the gains, the stock remains below its 52-week high, with a market capitalization exceeding $103 billion.
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