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5 stories mentioning MLCO

Every FINWIRES story that references MLCO, newest first.

Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading

Asian equities traded in the US as American depositary receipts were higher Thursday morning, up 0.47% at 2,919.14 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by casino and resort operator Melco Resorts & Entertainment (MLCO) and lender Mitsubishi UFJ Financial Group (MUFG), which rose 3.3% and 2.8% respectively. They were followed by online entertainment service Bilibili (BILI) and lender Shinhan Financial Group (SHG), which were up 2.5% and 2.2% respectively.The decliners from North Asia were led by video display maker LG Display (LPL), which dropped 7.8%. It was followed by semiconductor companies Himax Technologies (HIMX) and ASE Technology (ASX), which lost 7.2% and 6.5% respectively.From South Asia, the gainers were led by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which advanced 3.7% and 3.5% respectively. They were followed by lender HDFC Bank (HDB) and IT firm Infosys (INFY), which increased 3% and 2.9% respectively.The lone decliner from South Asia was fintech firm Trident Digital Tech (TDTH), which tumbled 13%.

$ASX$BILI$HDB$HIMX$INFY$LPL$MLCO$MUFG$SE$SHG$TDTH$TLK
Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Fall Sharply in Tuesday Trading

Asian equities traded in the US as American depositary receipts were trending sharply lower Tuesday morning, falling 0.95% to 2,830.82 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by education company 17 Education & Technology Group (YQ) and real estate management and digital security firm Eason Technology (DXF), which surged 11% and 9.6%, respectively. They were followed by healthcare platform 111 (YI) and casino and resort operator Melco Resorts & Entertainment (MLCO), which advanced 4% and 3.2%, respectively.The decliners from North Asia were led by game live-streaming service HUYA (HUYA) and semiconductor company Himax Technologies (HIMX), which dropped 7.5% and 7%, respectively. They were followed by utilities company Korea Electric Power (KEP) and tech company Xunlei (XNET), which lost 5.1% and 4.8%, respectively.From South Asia, the only gainers were fintech firm Trident Digital Tech (TDTH) and tech conglomerate Sea (SE), which rose 12% and 11%, respectively.The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro (WIT), which fell 5.6% and 2.3%, respectively. They were followed by computer hardware maker Canaan (CAN) and IT firm Infosys (INFY), which were down 2.2% and 2%, respectively.

$CAN$DXF$HIMX$HUYA$INFY$KEP$MLCO$RDY$SE$TDTH$WIT$XNET$YI$YQ
Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Edge Higher Friday

Asian equities traded in the US as American depositary receipts were edging higher Friday morning, rising 0.13% to 2,875.05 on the S&P Asia 50 ADR Index, which is up about 2.5% for the week so far.From North Asia, the gainers were led by semiconductor company Himax Technologies (HIMX) and automotive marketplace Token Cat (TC), which surged 19% and 16% respectively. They were followed by online game developer Gravity (GRVY) and fashion platform MOGU (MOGU), which climbed up 6.9% and 6.3% respectively.The decliners from North Asia were led by biopharmaceutical company Zai Lab (ZLAB), which fell 3.2%. It was followed by casino and resort operator Melco Resorts & Entertainment (MLCO) and Concord Medical Services (CCM), which were down 2.4% and 2.1% respectively.From South Asia, the gainers included IT firm Sify Technologies (SIFY) and Telekomunikasi Indonesia (TLK), which rose 2.4% and 0.8% respectively.The decliners from South Asia were led by tech conglomerate Sea (SE) and lender HDFC Bank (HDB), which fell 4% and 2.6% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and lender ICICI Bank (IBN), which lost 1% and 0.7% respectively.

$CCM$GRVY$HDB$HIMX$IBN$MLCO$MOGU$RDY$SE$SIFY$TC$TLK$ZLAB
Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Rise Slightly Higher in Friday Trading; End Week on Flat Note

Asian equities traded in the US as American depositary receipts were tracking slightly higher Friday morning, rising 0.21% to 2,809.21 on the S&P Asia 50 ADR Index, which is up only 0.01% for the week.From North Asia, the gainers were led by semiconductor company Silicon Motion Technology (SIMO) and video streaming service iQIYI (IQ), which rose 4.4% and 4.3% respectively. They were followed by video display maker LG Display (LPL) and fintech firm AMTD Digital (HKD), which advanced 3.4% and 2.9% respectively.The decliners from North Asia were led by real estate management firm Eason Technology (DXF) and electric vehicle maker NIO (NIO), which fell 7.1% and 6.8% respectively. They were followed by casino and resort operator Melco Resorts & Entertainment (MLCO) and lender Nomura (NMR), which were down 4.2% and 2.2% respectively.From South Asia, the gainers were led by tech conglomerate Sea (SE) and IT firm Infosys (INFY), which increased 1.5% and 0.6% respectively. They were followed by lender ICICI Bank (IBN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 0.3% each.The decliners from South Asia were led by IT company Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which lost 0.5% and 0.3% respectively. They were followed by IT firm Wipro (WIT) and telecommunications operator Telekomunikasi Indonesia (TLK), which were off 0.2% each.

$DXF$HKD$IBN$INFY$IQ$LPL$MLCO$NIO$NMR$PHI$RDY$SE$SIFY$SMO$TLK$WIT
Research

CICC Upgrades Melco Resorts & Entertainment to Outperform From Neutral, Price Target is $8.20

Melco Resorts & Entertainment (MLCO) has an average rating of overweight and mean price target of $9.04, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$MLCO