Stock Name: GENTING
Company Name: GENTING BHD
Research House: UOB
Company Name: GENTING BHD
Research House: UOB
Genting Bhd, a Malaysian casino and power group, rose to a record in Kuala Lumpur trading, set to become the biggest gainer on the benchmark stock index.
The stock climbed 4.2 per cent to RM11.90 at 4:45 p.m. local time, set to close at an all-time high. Genting is still the “best proxy to the group’s growing footprint in the global casino market,” UOB Kay Hian Group said in a report today. It rates the stock a “buy” with a share estimate of RM12.54. -- Bloomberg
The stock climbed 4.2 per cent to RM11.90 at 4:45 p.m. local time, set to close at an all-time high. Genting is still the “best proxy to the group’s growing footprint in the global casino market,” UOB Kay Hian Group said in a report today. It rates the stock a “buy” with a share estimate of RM12.54. -- Bloomberg
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