KUALA LUMPUR: The run-up in gaming stocks share prices yesterday could have been premature as there are expectations of a weak quarter ahead, said Kenanga research in its latest update on Berjaya Sports Toto Bhd
following its earnings release.
The research house noted a 6% to 11% increase in the valuations of gaming stocks on Tuesday as investors anticipated that operations will resume at the end of the conditional movement control order period on June 9.
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