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Shares of casino operator Genting Singapore <GENS.SI> rose as much as 2.7% in morning trade on Monday as investors were bullish about its third quarter earnings next month.
At 0341 GMT, Genting Singapore shares were trading at $2.26 on a volume of 73.5 million shares.
At 0341 GMT, Genting Singapore shares were trading at $2.26 on a volume of 73.5 million shares.
“Trading of Genting shares is still quite active on expectations of its third quarter results next month,” said a local trader.
“Its second quarter results were very good so investors expect third quarter results to also be good because tourism has been positive and there are a lot of visitors to the casinos,” he added.
The casino operator is expected to announce its third quarter results in early November.
