DFI Retail Group (OTCMKTS:DFIHY) Shares Gap Up – Here’s Why

DFI Retail Group Holdings Limited – Unsponsored ADR (OTCMKTS:DFIHY – Get Free Report) shares gapped up prior to trading on Thursday. The stock had previously closed at $16.0950, but opened at $17.85. DFI Retail Group shares last traded at $17.85, with a volume of 101 shares trading hands.

DFI Retail Group Trading Up 10.9%

The stock’s 50 day simple moving average is $16.57 and its 200 day simple moving average is $19.09.

About DFI Retail Group

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DFI Retail Group is a Hong Kong-based retailer with businesses across Asia. Its origins date to 1886, when the company was established as Dairy Farm International Holdings. It adopted the DFI Retail Group name in 2023. The group operates supermarkets, convenience stores and health and beauty stores under brands that include Wellcome, Cold Storage, Giant, 7-Eleven, Guardian and Mannings. It also operates IKEA stores in selected markets and has interests in other retail and food businesses. DFI serves customers in markets including Hong Kong, Singapore, Malaysia, Indonesia and Taiwan.

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