Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>UBS: MO Avg. Daily GGR Hikes 21% YoY Jan-to-date
Recommend 7 Positive 15 Negative 7 |
||||
|
||||
|
Macau's average daily GGR over the past 7 days was approx. MOP693 million, roughly flat from about MOP700 million in the previous 7 days, UBS released a research report saying. This brings the MTD average daily GGR to around MOP712 million, up about 21% YoY and about 6% MoM, a stronger incline from the average increase of 2% for the same period of 2015-2019. Regarding the upcoming Lunar New Year holiday, 27 out of the 32 hotels tracked by the broker show sold-out rooms, similar to the situation last year. Therefore, UBS kept GALAXY ENT (00027.HK) and WYNN MACAU (01128.HK) as its sector top picks, with target prices of $46.9/ $8.9 each, with both rated at Buy. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
