Genting Singapore

SINGAPORE (June 1): As Singapore begins to ease the circuit breaker (CB) measures starting with Phase 1 on June 2, several stocks and real estate investment trusts (REITs) could emerge as beneficiaries.

Analysts believe Genting Singapore’s 2Q20 results are likely to fare worse than its 1Q20 results.

“The pandemic has been absolutely devastating to the tourism industry across the world,” says GENS. “Our flagship property, Resorts World Sentosa (RWS) too, has been severely affected and will continue to face significant challenges,” it adds.

Here are three stocks to watch for the week: Genting Singapore, CapitaLand and Frasers Logistics and Commercial Trust.

Analysts are more upbeat on Genting Singapore as the group managed to receive a major lifeline.

Here are three stocks to watch for the week: Genting Singapore, ST Engineering and Yangzijiang Shipbuilding.

Lady Luck is not looking favourably upon Genting Singapore amid the coronavirus crisis.

Resorts World Sentosa has experienced a significant decrease in visitor attendance and revenue across all its facilities, says Genting Singapore.

Bumitama Agri, Valuetronics and Genting Singapore are among the stocks to watch this week.

Genting Singapore (GENS) did not take part in the bidding of the Osaka integrated resort (IR).