Incredible Streak : 🎌Sumitomo Corp 住友商事 Pays Me Today to Equal '21/'22's total tally of NINE 🎌 Scorers! {25th Feb '25}
Having lusted for some time to earn from one/more of the five "sogo shosha" 総合商社 that were largely responsible for putting 🎌 on the global map, I made a play for that attainment on Feb 12th by queueing to buy Sumitomo Corp 住友商事, one of the top three at ¥3,278 which saved me more than one commission but which tumbled further to just above ¥3,200 two trading sessions ago.
Over the Emperor's birthday market holiday yesterday, news emerged that famed US investor Buffett had built up on his 5% positions taken in 2019 & the prices of all five conglomerates jumped from the open! Seeing the Nikkei index plunge due to the delayed follow-on from the Dow's 748 point swoon last Friday, I made a quick decision to unload onto the strong market for Sumitomo shares at ¥3,444, part of a small island of firmness amid 2,254 tumbling equities today:
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