Summary: DBS downgraded Genting Singapore to “hold” due to macroeconomic uncertainties, tariffs, and a potential ousting from the MSCI Singapore Index. Lowered earnings forecasts are attributed to softer gaming revenue from regional tourists affected by economic pressures. The threat of MSCI exclusion, coupled with a decline in share price, further dampens the outlook for Genting Singapore.

Link: https://www.businesstimes.com.sg/companies-markets/dbs-downgrades-genting-singapore-hold-trims-target-price-tariffs-dampening-outlook