We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Name | Symbol | Market | Type |
|---|---|---|---|
| Wynn Macau Limited (PK) | USOTC:WYNMY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.01 | 0.12% | 8.37 | 8.22 | 8.58 | 8.45 | 8.36 | 8.36 | 10,699 | 21:06:06 |
From Jun 2019 to Jun 2024
By Dave Sebastian
Shares of Wynn Resorts Ltd. (WYNN) climbed more than 7% to $132.73 in Monday trading after Macau's gambling regulator reported better-than-expected revenue growth last month.
The Macau Gaming Inspection and Coordination Bureau reported a 5.9% increase in casino gross gaming revenue, or GGR, in June from a year earlier. Nomura Instinet analysts, in a note Monday, said they predicted growth in Macau's gaming revenue to be flat to up 5% for the month.
The movement in Wynn's shares also comes after U.S. President Trump and Chinese President Xi Jinping at the Group of 20 summit agreed to put off additional tariffs on Chinese goods indefinitely.
"Accelerating GGR growth in June and the U.S.-China trade truce that was announced overnight should be viewed as strong positives for the Macau Gaming stocks," Nomura Instinet analysts said.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
July 01, 2019 12:27 ET (16:27 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Wynn Macau (PK) Chart |
1 Month Wynn Macau (PK) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
