Thursday 25 Apr 2024
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(Dec 19): Genting Hong Kong Ltd. shares rose 7.2 percent in Hong Kong trading, more than any full-day gain since March 2016, as Hong Kong's benchmark index advanced.

Market Metrics

* Shares advanced to HK$1.34, higher than any close since Sept. 4, from HK$1.25 in the previous session.

* Trading volume was more than double the 20-day average. 

* The Hong Kong Hang Seng Index gained 0.1 percent, and the MSCI AC Asia Pacific Index rose 0.3 percent.

* The relative strength index on the stock was above 70, indicating it may be overbought.

Market Insights

* Stock declined 25 percent in the past 52 weeks as the Hong Kong Hang Seng Index lost 12 percent.

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