Global stocks tumbled last week — but these names bucked the trend

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Hong Kong-listed stocks had a good week in particular, as a local news outlet reported the city is considering easing Covid measures further.

Casino operator Sands China popped 23.2% over last week. This is the second consecutive week it rose over 20%, with the stock riding on news that Sands China was among six casino operators that were issued new licenses to operate in Macao — the world's largest gambling hub.

Hong Kong-listed shipping company SITC International Holdings rose nearly 12%. The stock stood out for winning a "buy rating" from all analysts covering it — and being given a 67.8% average upside to price target. Hong Kong-based conglomerate Swire Pacific , which has a portfolio of businesses ranging from beverages to property, rose 7.6%. Of analysts covering the stock, 40% gave it 10% upside.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Thanks Joe!!!

Mark as paywall pls

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités