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Casinos Broadly Subside, as SANDS CHINA LTD Slips 2.5%, after Citi Cuts GGR Forecast to MOP20B
Recommend 3 Positive 8 Negative 4 |
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HK-listed casinos subsided broadly. SANDS CHINA LTD (01928.HK) opened flat today, bottoming at HK$18.42, and last posted at HK$18.53, down 2.47%, with a turnover of 6.7163 million shares, amounting to HK$125 million. GALAXY ENT (00027.HK) last traded at HK$42.58, down 1.16%, with a turnover of 3.5145 million shares, amounting to HK$150 million. MGM CHINA (02282.HK) last logged at HK$13.53, down 1.46%, with a turnover of 2.7492 million shares, amounting to HK$37.1195 million. SJM HOLDINGS (00880.HK) last stood at HK$2.41, down 1.23%, with a turnover of 2.1456 million shares, amounting to HK$5.1595 million. WYNN MACAU (01128.HK) last charted at HK$5.92, down 0.34%, with a turnover of 2.4903 million shares, amounting to HK$14.6782 million. Macau's GGR was projected to slacken further due to seasonal factors, with the forecast daily run-rate for last week at MOP543 million, according to industry data cited by Citigroup. Citigroup's latest research report lowered its February GGR forecast from MOP20.5 billion to MOP20 billion, representing a YoY rise of approximately 1%. AAStocks Financial News |
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