shares in sbi holdings inc are up in morning trade following unconfirmed reports that sumitomo mitsui financial group inc is in talks to buy a 10 stake in the financial services provider in a filing on wednesday sbi noted the reports from media outlets on tuesday but said nothing has been decided at this time according to the reports the potential deal could be valued around 60 billion yen 4392 million to jpy80 billion the companys stock was last up 40 at y2618 extending gains from tuesday when it finished 43 higher analysts reckon sbi stands to gain in the long term should the deal push through a deal with sumitomo could help boost sbis client base giving it more access to corporate customers and wealthy individuals says keiya matsuda head of sales at tachibana securities in hong kong sbis securities segment has a relatively young customer base at present and has yet to really get a foothold in corporate and highnetworth individuals segments the stake could strengthen its financial base and continue its acquisition strategy he adds