Friday, August 13, 2010

Genting Singapore rallied 14 percent to S$1.46

Genting Singapore rallied 14 percent to S$1.46, its highest level since listing in 1991. The casino operator reported second-quarter profit of S$396.5 million ($291 million) compared with a loss a year earlier. Credit Suisse Group AG, Citigroup Inc and Morgan Stanley raised their recommendations on the stock.