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Market Chatter: Seven & I Plots Europe Growth as Couche-Tard Bid Pressure Mounts
Seven & I Holdings' Credit Profile Under Pressure Amid Takeover Uncertainty, S&P Says
The Nikkei average is down about 1,330 yen, with the major contributors to the decline being Advantest, Tokyo Electron, and Fast Retailing.
On the 28th, at 12:53 PM, the Nikkei average stock price was around 36,930 yen, down approximately 1,330 yen from the previous day. The market opened with selling prevailing in the latter session. With the weekend and the end of the month coinciding, a hesitant mood intensified, and at 12:48 PM, it hit 36,840.12 yen, down 1,416.05 yen. It has been about five and a half months since the stock price fell to the 36,000 yen range during trading hours, the last time being September 19 of last year. The exchange rate was near 149 yen and 50 sen per dollar, currently in a range-bound state. The stocks included in the Nikkei average are, showing a negative trend.
The Nikkei average is down about 1,130 yen, with the biggest declines among the selected stocks being Disco, Advantest, Fujikura, etc.
As of around 11 AM on the 28th, the Nikkei average Stock price is fluctuating around 37,130 yen, down approximately 1,130 yen from the previous day. At 10:32 AM, it recorded a drop of 1,171.73 yen, reaching 37,084.44 yen. In the U.S. stock market on the 27th, NVIDIA's stock price plunged. The SOX (Philadelphia Semiconductors) Index also fell significantly, causing semiconductor-related stocks, which are susceptible to such changes, to remain weak. Concerns about Trump's tariffs are adding to the soft trend.
Alimentation Couche-Tard Still Interested in Acquiring 7-Eleven Parent Seven & I
Couche-Tard: Remains Committed to Reaching Mutually Agreeable Transaction >ATD.T
103677010 : noted