Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<H Shrs>HSI Hikes 2 pts at Close; GALAXY ENT Craters 7%; WUXI APPTEC Mounts ~5%
Recommend 73 Positive 157 Negative 80 |
||||
|
||||
|
The HSI closed up 2 points to 16,251. The HSCEI added 5 points or 0.1% to close at 5,749. The HSTECH picked up 2 points to close at 3,340. Total market turnover for the day amounted to 99.191 billions. Macau's 1Q24 mass GGR amounted to MOP42.9 billion, accounting for 75% of the total GGR. Casino GALAXY ENT (00027.HK) cascaded 7.1% to close at $34.2, being the worst-performing blue chip. At the same time, JPMorgan downgraded GALAXY ENT to Neutral, while Morgan Stanley downgraded the stock to Equalweight, and reduced its target price to $38. Morgan Stanley also said that the company's 2024 earnings forecast will face downward pressure from the market. SANDS CHINA LTD (01928.HK) also faded 3.4%. SJM HOLDINGS (00880.HK), WYNN MACAU (01128.HK) and MGM CHINA (02282.HK) dropped 0.6-1.9%, while MELCO INT'L DEV (00200.HK) was flat. In addition, WUXI APPTEC (02359.HK) elevated 4.9%, the best-performing blue chip, while its same series WUXI BIO (02269.HK) also gained 2.1%. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
