BUZZ-Wynn Macau at 3-month peak after strong results; rivals climb

Reuters02-08

** Shares of Wynn Macau rise as much as 3.7% to HK$6.80, their highest since Nov 10

** Stock on course for a sixth consecutive session of gains, if trend holds

** Wynn Macau's parent Wynn Resorts beat estimates for fourth-quarter profit on Wednesday, as strength in gaming, luxury retail and hotel bookings drove steady demand at its Macau properties

** Co's board announced a dividend of $0.25 per share

** HSBC raises Wynn Macau's target price to HK$9 from HK$8.90

** Shares of rivals also climb, with MGM China , Sands China , Melco , SJM rising between 0.4% and 5.7%. Galaxy slips 0.2%

** Hang Seng Commerce & Industry Index falls 1.5%, Hang Seng Index down 1.2%

** Shares of Wynn Macau up 4.9% YTD, as of last close

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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