Hot stock: Genting Singapore falls 9.7% on Friday after Q4 results disappoint

Hot stock: Genting Singapore falls 9.7% on Friday after Q4 results disappoint


SHARES of Genting Singapore fell as much as 10.2 per cent on Friday (Feb 23), after the operator of Resorts World Sentosa reported disappointing fourth-quarter financials the day before.

The counter fell as much as S$0.105 to S$0.925 during the trading session, before eventually closing at S$0.93, down S$0.10 or 9.7 per cent. It was the lowest closing price since Dec 6, 2023.

Some 143.6 million shares worth S$136.1 million changed hands during the day, making the counter the third most active in terms…



Source link

Posted in

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

Leave a Comment