Bearish mood pushes Sumitomo Mitsui Financial Group to session low of $7.66

Friday at a glance: during Friday's session, Sumitomo Mitsui Financial Group, Inc. toiled and struggled for upward momentum before closing at $7.66. By the close, the the Japanese banking institution suffered a 23 cents or 2.92% loss.

Sumitomo Mitsui Financial Group was not the only decliner in the financials sector; HSBC Holdings lost 4.09% Friday and closed at $33.08. Berkshire Hathaway drops 2.81% Friday to close at $302. JP Morgan Chase went down to $125.81, losing 3.78% after it closed at $130.75 Friday.

Approximately 2 months ago, the Japanese financial services firm reached a significant high of $9.03 but has struggled to hold onto its gains and declined 12.62% since then.