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Recover from now on after higher second bottom leg

$GENTING (3182.MY)$ The Malaysian gaming sector could post sequentially stronger earnings in 4Q 2024-1H 2025, UOB Kay Hian analyst Jack Goh writes in a note. Earnings should be driven by a "meaningful influx" of international tourists and robust domestic consumption trend, Goh says. He notes that on average, Malaysian gaming stocks have fallen around 17% year to date. Share prices could gradually recover in 1H 2025 as earnings recover, albeit at a modest momentum, Goh adds. UOB Kay Hian maintains an overweight rating on Malaysia's gaming sector and pegs Genting Malaysia and RGB International as top picks.
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