JAKARTA. Seeing the opportunities, foreign investors reportedly acquired millions shares of PT XL Axiata Tbk (EXCL) when its price was at downtrend yesterday (11/12). According to IDNFinancials data, EXCL’s price was corrected 2.18% or 50 index points to IDR 2,240 per share at yesterday’s closing. At the opening bell, its price arrived at IDR 2,290...
JAKARTA -PT Buana Lintas Laut Tbk (BULL) is optimistic about its net profit margin increasing following higher vessel charter tariff applied in the fourth quarter of 2024. This positive projection aligns with BULL’s bullish stock performance throughout the year. Wong Kevin, Director of BULL, mentioned that net profit margin was slightly weakened in September 2025...
JAKARTA -PT Murni Sadar Tbk (MTMH), the managing company of Murni Teguh Hospitals, secured a working capital credit worth a total of IDR 50 billion from PT Bank Mandiri (Persero) Tbk (BMRI). The credit will be allocated to pay claims to Healthcare and Social Security Agency (BPJS Kesehatan). Armen Chandra, Corporate Secretary of MTMH, mentioned...
JAKARTA -PT Multistrada Arah Sarana Tbk (MASA) has decided to set buyback price to a fantastic price level at IDR 8,400 per share following its go-private plan. Said number is 95.5% higher from the highest average price of MASA’s shares within 12 months prior to its suspension in July 2024. In the short prospectus quoted...
European stocks closed lower on Friday, weighed down by disappointing economic data from the U.K. and Germany, the political uncertainty in France, and rate hike threats from U.S. President-elect Donald Trump. The mood remained cautious with investors awaiting the Federal Reserves monetary policy announcement, next Wednesday. French President Emmanuel Macron appointed François Bayrou as the...
The Japanese yen declined against its major counterparts on Friday amid a jump in U.S. stocks, as Broadcoms strong financial results and AI chip demand lifted investor sentiment for semiconductor stocks. Broadcom shares are sharply higher after the company reported better than expected fiscal fourth quarter earnings and said it expects continued strong demand for...
After swinging between gains and losses, Swiss stocks closed slightly down on Friday with a few counters seeing some strong selling in the final hour. Investors largely made stock specific moves, reacting to corporate news. Disappointing economic data from the UK and Germany, and tariff hike threats by Donald Trump rendered the mood cautious in...
The Canadian market closed weak on Friday, amid concerns about global economic growth and tariff hike threats by U.S. President-elect Donald Trump. Materials, communications and real estate stocks were the major losers. The benchmark S&P/TSX Composite Index, which opened slightly down, fell to a low of 25,216.42 and ended the days session at 25,274.30 with...
Indian shares are seen opening little changed on Thursday as investors react to benign U.S. inflation data and await domestic CPI inflation and industrial output figures, due out later in the day for directional cues. According to a report by Union Bank of India, Indias industrial production growth, as indicated by IIP, may have improved...
Indian shares struggled for direction on Thursday ahead of domestic CPI inflation and industrial output figures due out later in the day. The benchmark S&P/BSE Sensex was up 27 points at 81,553 in early trade while the broader NSE Nifty index was down 7 points at 24,635. IT stocks traded higher, with Infosys, TCS, Wipro...