KUALA LUMPUR: Shares of GENTING BHD [], which had been heavily sold last week by foreign funds, advanced amid a gloomy market on Wednesday, Jan 26.
At 10am, it was up 14 sen to RM10.98 with 2.18 million shares done.
The FBM KLCI was down 8.05 points to 1,518.38, but off its low of 1,50. Turnover was 358.73 million shares valued at RM411.35 million. There were 148 gainers, 319 losers and 237 stocks unchanged.
The Edge FinancialDaily reports that rarely in the limelight compared with other members of the Genting Group, Genting Hong Kong Ltd (Genting HK) may have its turn at drawing attention this year.
Major corporate developments aside, such as the planned listing of its 50%-owned cruise line operator NCL Corp Ltd,'' the group's cruise line business, coupled with casino operations in Manila, is also starting to churn out impressive returns.
At 10am, it was up 14 sen to RM10.98 with 2.18 million shares done.
The FBM KLCI was down 8.05 points to 1,518.38, but off its low of 1,50. Turnover was 358.73 million shares valued at RM411.35 million. There were 148 gainers, 319 losers and 237 stocks unchanged.
The Edge FinancialDaily reports that rarely in the limelight compared with other members of the Genting Group, Genting Hong Kong Ltd (Genting HK) may have its turn at drawing attention this year.
Major corporate developments aside, such as the planned listing of its 50%-owned cruise line operator NCL Corp Ltd,'' the group's cruise line business, coupled with casino operations in Manila, is also starting to churn out impressive returns.
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