Movement Alert｜GALAXY ENT rises 3.43% in Regular Trading, Macau gaming sentiment continues to recover

Market Focus11-03 09:37

On November 3, GALAXY ENT rose 3.43% intraday in Regular Trading, trading at HK$34.12, with turnover of HK$61.42 million.

The move aligns with a continued rebound in Macau gaming names. A market update published on November 2 showed GALAXY ENT rising during the session alongside peers including SANDS CHINA LTD, MGM CHINA, WYNN MACAU, SJM HOLDINGS, and MELCO INT'L DEV, indicating improving sector sentiment.

Fundamentally, the company previously reported first-half revenue of HK$24.231 billion, up 4% year on year, and adjusted net profit of HK$6.956 billion, up 1%. Its gaming and entertainment segment revenue rose about 5.43% to HK$22.922 billion, supported by resilient recovery in gaming tourism demand. The next earnings release is scheduled for November 6.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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