Genting Malaysia Bhd
OTC Pink - Current Information:GMALY

  • LAST PRICE
    17.0000
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    ---/ ---
  • Ask / Lots
    ---/ ---
  • Open / Previous Close
    0.0000 / 17.0000
  • Day Range
    ---
  • 52 Week Range
    10.2400
    17.0000
  • Volume
    ---

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  • May 6, 2024

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    • 12:08AM ET on Monday May 06, 2024 by Dow Jones

      0406 GMT - Malaysia's equity market seems to be on track for continued growth, Citi head of Malaysia research Megat Fais says in a note. Drivers include a resilient global economy, peaking interest rates, the semiconductor industry recovery, and political stability at home, he says. Given the KLCI's year-to-date strong performance, focus will be on corporate earnings, which Fais projects will grow 12.4% in 2024. Citi raises its end-2024 KLCI target to 1660 from 1594, pegging CIMB, Sime Darby Plantation, Genting Malaysia, Inari Amertron, Mr. D.I.Y. and Frontken as its top picks. The KLCI is last up 0.3% at 1594.33, bringing year-to-date gains to 9.6%. (yingxian.wong@wsj.com)

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