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%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Thanks Joe!!!

Mark as paywall pls

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines