Movement Alert|SANDS CHINA LTD Intraday Decline 3.05%, Macau September GGR Disappoints, Gaming Stocks Broadly Lower

Market Focus
Oct 12

On October 12, SANDS CHINA LTD declined 3.05% in regular trading, trading at 11.12 HKD/share, with turnover of 1.36 billion HKD.

The decline followed weaker-than-expected Macau gaming data. Official figures showed September gross gaming revenue fell 1.2% year-over-year to 18.06 billion patacas, missing market expectations for 2.2% growth and marking a fourth consecutive monthly decline. Month-over-month, GGR dropped 17.5%.

Within the Casinos & Gaming sector, sentiment was broadly negative, with MELCO INT'L DEV down 4.04%, NAGACORP down 3.37%, WYNN MACAU down 3.22%, MGM CHINA down 1.66%, and GALAXY ENT down 1.62%.

SANDS CHINA LTD is an investment holding company engaged in the development and operation of integrated resorts, including casinos, hotels, and shopping malls across properties such as The Venetian Macao, The Londoner Macao, The Parisian Macao, and Sands Macao, along with ferry and other services.

(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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