Daily Market Report (26 July 2019)

  • Genting Malaysia has fully resolved its dispute with Fox Entertainment Group over the development of its outdoor theme park. We expect Genting Malaysia share price to continue with its upward momentum possibly breaching the RM4 level.
  • Recall that share price was hovering at the RM4.50 level before succumbing to below the RM3 threshold when news of the dispute broke out last year.