Genting Berhad traded at 2.88 this Friday February 6th, increasing 0.04 or 1.41 percent since the previous trading session. Looking back, over the last four weeks, Genting Berhad gained 3.68 percent. Over the last 12 months, its price fell by 20.22 percent. Looking ahead, we forecast Genting Berhad to be priced at 2.80 by the end of this quarter and at 2.64 in one year, according to Trading Economics global macro models projections and analysts expectations.
Genting Berhad is a Malaysia-based investment holding and management company, which manages Genting Group mainly operating in the hospitality industry. The Group's major business activities are classified into five segments: Leisure & Hospitality, Plantation, Power, Property and Oil & Gas. Its Leisure & Hospitality segment includes the gaming, hotel, entertainment and amusement, tours and travel-related services, as well as the development and operation of integrated resorts and other support services. Its Plantation segment is involved mainly in oil palm plantations, palm oil milling and related activities. Its Power segment comprises the generation and supply of electric power. Its Property segment includes the development of commercial and residential properties. Its Oil & Gas segment covers oil and gas exploration, development and production activities.