JAKARTA - Foreign net volume remained consistent in the green zone on Wednesday, October 16, closing at 70.86 million shares, as it had in previous days. The foreign buying volume was 4.61 billion shares, while the foreign selling volume was 4.54 billion shares. The shares with the highest sales were owned by the digital company...
JAKARTA. PT Matahari Putra Prima Tbk (MPPA), a retail issuer that operates the Matahari and Hypermart store networks, has distributed additional capital to one of its subsidiaries, namely PT Matahari Super Ekonomi (MSE). Mirtha Sukanto, Corporate Secretary of MPPA, said that the additional capital provided by the company to MSE was IDR 7.5 billion. This...
JAKARTA - PT Net Visi Media Tbk (NETV) is carrying out a reverse stock merger starting next week, with a ratio of 2:1 or two old nominal shares into a new share. Later, the new nominal value of Series A shares will be IDR 200 per share from the previous IDR 100 per share (Series...
JAKARTA. PT Lautan Luas Tbk (LTLS), importer and distributor of chemicals for the batik and food industries, will pay off the remaining Shelf Registration Bonds III Phase II 2021 Series A worth IDR 315 billion which will mature on November 12, 2024. Eurike Hadijaya, Investor Relations at LTLS, said that repayment of the debt securities...
JAKARTA - PT Garuda Maintenance Facility Aero Asia Tbk (GMFI) recorded net profit growth of 556.19% in the first semester of 2024 from the same period in 2023. This realization reached 65.59% of the net profit in 2023 of US$20.27 million. In the 2024 Semester I Financial Report quoted on Thursday (17/10), the issuers net...
The Indonesia stock market has finished lower in four straight sessions, dropping almost 160 points or 2.1 percent along the way. The Jakarta Composite Index now rests just beneath the 7,635-point plateau although its due for support on Tuesday. The global forecast for the Asian markets is positive following a sharp drop in the price...
The Thai stock market turned lower again on Monay, one session after ending the four-day losing streak in which it had dropped almost 35 points or 2.5 percent. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and it figured to see renewed support on Tuesday. The global forecast for the Asian...
Corporate earnings updates from France failed to lift the CAC-40 benchmark above the flatline on Friday. The CAC-40 is currently trading at 7,490.68, slipping 0.17 percent from the previous close of 7,503.28. The days trading has been between 7,518.75 and 7,459.41. Of the 40 scrips in the index, only 16 scrips are trading above the...
The FTSE 100 benchmark of the London Stock Exchange recorded losses of close to a quarter percent in Fridays trading amidst mixed earnings updates and caution ahead of the upcoming budget of the new government on October 30. FTSE 100 oscillated between 8,278.11 and 8,246.23 as compared with the previous days closing level of 8,269.38....
Russias central bank raised its benchmark rate by larger-than-expected 200 basis points and also hinted at another hike next month as inflation expectations increased and additional fiscal spending lifted proinflationary effects. The board of directors, led by Governor Elvira Nabiullina, raised the key rate to a record 21.00 percent from 19.00 percent. The bank has...