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SVNDY Seven and I Holdings Company Ltd (PK)

12.67
-0.15 (-1.17%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Seven and I Holdings Company Ltd (PK) USOTC:SVNDY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.15 -1.17% 12.67 12.44 12.79 12.838 12.61 12.79 116,200 21:10:19

Asian Shares Up as ECB Raises Growth Forecast

06/03/2015 3:30am

Dow Jones News


Seven and I (PK) (USOTC:SVNDY)
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From Jun 2019 to Jun 2024

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Stocks in Japan led gains in Asia on Friday, after the European Central Bank raised its growth forecast for the region.

The Nikkei Stock Average was up 1%, while stocks from Singapore to Korea rose fractionally.

Shares across the region got a boost after the European Central Bank raised its growth forecast for Europe to 1.5% this year, and 1.9% in 2016, a sign of increased confidence in the global economy's trouble spots. The bank is expected to start its bond buying program on Monday, in which it plans to spend roughly $60 billion a month, with an eye toward buying up to $1.1 trillion worth of European debt.

In Japan, shares of FamilyMart Co. were down 3.3% after The Wall Street Journal reported that the convenience-store operator was set to begin merger talks with Circle-K owner UNY Group Holdings Co. A combination would become Japan's second-largest convenience-store group after 7-Eleven owner Seven & I Holdings Co., shares of which rose 1.3%. Shares of UNY jumped 9.5%.

The Shanghai Composite was up 0.5% and the Hang Seng Index gained 0.3%, with Beijing's latest growth forecast on the mind of investors. Premier Li Keqiang said yesterday that China is targeting growth of 7% this year, from the realized 7.4% last year.

Write to Chao Deng at Chao.Deng@wsj.com

Access Investor Kit for Seven & I Holdings Co., Ltd.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=JP3422950000

Access Investor Kit for FamilyMart Co., Ltd.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=JP3802600001

Access Investor Kit for UNY Group Holdings Co., Ltd.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=JP3949600005

Access Investor Kit for Seven & I Holdings Co., Ltd.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US81783H1059

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