Sumitomo Chemical shares soar 11%, record biggest single-day surge in nearly 2 years. Here’s why
- Posted on July 3, 2026
- By Business News Today
- 0 Views
- 1 min read
Sumitomo Chemical shares soar 11%, record biggest single-day surge in nearly 2 years. Here’s why
Sumitomo Chemical India shares surged around 11% as heavy volumes and a major development at its Japanese parents Korean subsidiary lifted sentiment. Dongwoo Fine-Chems joint venture with Samsung Electro-Mechanics for glass core substrates boosted optimism around next-generation semiconductor packaging demand. The stock hit a fresh high amid strong trading activity.