Sumitomo Chemical Company, Limited (SMM.F)
| Previous Close | 2.3600 |
| Open | 2.4600 |
| Bid | 2.4600 x 545600 |
| Ask | 2.5600 x 532400 |
| Day's Range | 2.4600 - 2.4600 |
| 52 Week Range | 1.8000 - 2.7000 |
| Volume | |
| Avg. Volume | 144 |
| Market Cap | 4.093B |
| Beta (5Y Monthly) | 0.61 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.07 (3.02%) |
| Ex-Dividend Date | Sept 27, 2024 |
| 1y Target Est | N/A |
- Bloomberg
Japanese Firm Sells Hybrid Bond at Widest Spread This Year
(Bloomberg) -- A Japanese borrower that was hit by a record loss sold a yen bond at the widest spread for yen corporate hybrid debt this year in a key test of appetite as interest rates creep higher.Most Read from BloombergWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisThe Outsized Cost of Expanding US RoadsHow Air Conditioning Took Over the American OfficeSumitom
- Reuters
Aramco to buy stake in JV Petro Rabigh from Sumitomo Chem
TOKYO/DUBAI (Reuters) -Saudi Aramco will buy from Japan's Sumitomo Chemical a 22.5% stake in their petrochemical joint venture Petro Rabigh for $702 million, the companies said on Wednesday, as part of a turnaround plan for the loss-making venture. Under the deal, Aramco and Sumitomo Chemical will each provide $702 million in funding to Petro Rabigh and waive loans worth a total $1.5 billion, they said. Petro Rabigh had racked up 8.871 billion riyals ($2.36 billion) of accumulated losses by the end of June, equivalent to over 53% of its share capital, it said on Wednesday.
