KUALA LUMPUR: Shares in Genting Malaysia Bhd
fell marginally as it will shut down its resort operations again.
The gaming and leisure group fell 0.83%, or two sen to RM2.38 with over 1.41 million shares traded. GenM-C84 fell one sen to 12 sen, GenM-C28 declined 0.5 sen to 5.5 sen while GenM-C89 lost 0.5 sen to six sen.
“News that Genting will shut down its resort operations again may see some share price weakness and we are buyers if Genting Malaysia dips below the RM2.20 level,” Rakuten Trade said.
In a notice on its website, Genting Malaysia said Resort World Genting will be temporarily closed in line with the government’s announcement to implement the movement control order (MCO) in Pahang from Jan 22 to Feb 4, 2021.
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