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  2. Share Prices
  3. Macau Property Share Price
  4. Macau Property Share News
  5. IN BRIEF: Macau Property optimistic as region's GDP set to grow

Pin to quick picksMacau Property Share News (MPO)

Macau Property Information

Share Price Information for Macau Property (MPO)

London Stock Exchange
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Share Price: 40.40
Bid: 38.80
Ask: 42.00
Change: 0.00 (0.00%)
Spread: 3.20 (8.247%)
Open: 40.40
High: 0.00
Low: 0.00
Prev. Close: 40.40
MPO Live PriceLast checked at -
Macau Property Opportunities is an Investment Trust

To deliver cost-effective and timely divestments of remaining properties, and to deliver further returns of capital to shareholders.

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IN BRIEF: Macau Property optimistic as region's GDP set to grow

Fri, 19th Jan 2024 13:26

Macau Property Opportunities Fund Ltd - Macau, China-focused investor - Says it is "cautiously optimistic" for improved investor sentiment, despite "sluggish" property sector amid higher interest rates and post-Covid recovery in China. Looking ahead, Macau's gross domestic product has been forecast to grow by 27% in 2024, according to the International Monetary Fund. "This could provide a much-needed boost to the market, as Macau's interest rates are set with reference to US rates," says the firm. Looking ahead, Macau Property will focus on the divestment of its portfolio and debt reduction.

Current stock price: 38.00 pence, up 1.3%

12-month change: down 26%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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