In today’s briefing:
- Index Rebalance & ETF Flow Recap: HSCI, GDXJ, KRX New Deal, AMFI, Amman Mineral, Infratil
- Galaxy Entertainment: A Macau Market Leader with Room to Grow Even near Term
- The Home Depot Inc.: Can It Bounce Back From This Dull Phase? – Key Drivers
Index Rebalance & ETF Flow Recap: HSCI, GDXJ, KRX New Deal, AMFI, Amman Mineral, Infratil
- The changes for the KOSPI2 INDEX, KOSDAQ150 Index, CSI300 Index, STAR50 INDEX and a bunch of other onshore China indices were implemented last week.
- The coming week has a lot of rebalance implementations on Friday with the S&P/ASX family and the MVIS family, among others.
- AUM for the Yuanta/P-shares Taiwan Top 50 ETF (0050 TT) has continued to increase with big inflows in the last week.
Galaxy Entertainment: A Macau Market Leader with Room to Grow Even near Term
- Conventional corporate wisdom says market leaders have less room to grow and must concentrate on holding share. Not true.
- As Macau recovery gains steam, Galaxy is meeting challenges with its expansion likely to move its dominant market share higher as the total pie grows.
- The company’s focus is on capacity as well as diversity of offerings bolstered by a balance sheet among the healthiest in the sector.
The Home Depot Inc.: Can It Bounce Back From This Dull Phase? – Key Drivers
- Home Depot delivered a disappointing set of results as the company was unable to meet the revenue expectations as well as earnings expectations of Wall Street.
- However, despite these challenges, Home Depot observed strength in key spring-related categories, such as live goods and other garden-related products, where the weather was more favorable.
- Despite the challenges, Home Depot’s dedicated team prioritizes associates and customers, delivering value and service throughout the quarter.
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