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Genting Singapore +1.3%; Expectations overdone: UBS

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Interest in Genting Singapore (G13.SG) notably lower following gains of up to 31.3% over last 3 sessions stoked by gaming group’s return to profitability in 2Q10, says Dow Jones.

Shares last +1.3% at $1.54, not expected to challenge yesterday’s $1.68 high. Current volume mere fraction of 430.7 million shares daily average from August 13, day after 2Q10 results released.

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