Traded Value
SoFi Tech$Genting Sing(G13.SG)recovering from its opening and intraday low to finish near the day’s high. The steady intraday climb, supported by strong trading activity and above average volume, suggests buyers are gradually returning after the stock recently tested support near its 52 week lows.
Fundamentally Genting Singapore remains supported by its resilient resort operations, strong balance sheet, attractive dividend yield and the continued recovery in tourism and gaming activity. Its valuation also keeps the stock appealing to value focused investors.
Recovery momentum is slowly building. Buyers continue to defend the support zone and a successful break above recent resistance could help drive the next leg higher as sentiment improves
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