Genting Singapore jumps to five-month high on surprise earnings rebound
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SHARES of integrated resort operator Genting Singapore, its Malaysian counterpart and their parent company all surged on Monday, boosted by a quarter-on-quarter turnaround in the Singapore firm's bottom line.
Genting Singapore climbed as much as 9.1 per cent to hit 82 Singapore cents at around 11.52am. It eased slightly to close at 80.5 cents, up six cents or 8.1 per cent from the previous close. Nearly 107 million shares changed hands, making it the second-most traded by value and fourth by volume on the Singapore bourse for the day.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
