Analysts still bearish on Genting S'pore

INVESTORS and analysts seem to be continuing to hold back their bets on Genting Singapore; the gaming company's shares took a hit on Monday, as they sunk to an intra-day low of S$1.12 - down 4.3 per cent.

They eventually closed four cents or 3.4 per cent lower, at S$1.13.

Genting, which operates Resorts World Sentosa, was the third most active counter of the day, with 58.6 million shares changing hands.

The company's stock has been on a general decline since it released a lacklustre set of quarterly results a month ago. The counter has slipped som…