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<Research>UBS: MO Jun GGR Beats; Top Pick GALAXY ENT (00027.HK)
Recommend 28 Positive 61 Negative 16 |
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Macau's GGR for June reached approx. MOP21.1 billion, up 19% YoY, UBS released a research report saying. This implies an average daily GGR of MOP702 million, up 3% MoM, significantly higher than the market consensus of MOP645 million. The market currently expects Macau's average daily GGR in July to be MOP630 million, up 5% YoY but down 10% MoM due to a higher base and event impact, UBS added. The broker's sector top pick is GALAXY ENT (00027.HK). AASTOCKS Financial News Website: www.aastocks.com |
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