JAKARTA - On Thursday, October 31, foreign buying volume climbed to 3.90 billion shares. Meanwhile, foreign sales volume was only 3.69 billion shares, resulting in a net foreign volume surplus of 205.16 million. The coal mining company PT Bumi Resources Tbk (BUMI) had the greatest share acquisition, with 200.64 million shares bought and a net...
JAKARTA - PT Trimegah Sekuritas Indonesia Tbks acquisition of 424.80 million shares of PT Energi Mega Persada Tbk (ENRG) prompted market hintson Wednesday, October 30. By this deal, the investor was able to raise its ownership stake in the company that was exploring for and trading oil and gas from 14.41% to 16.12%. Additionally, foreign...
JAKARTA. The Indonesian government will once again hold an auction of 7 series of Government Securities (lit. Surat Berharga Syariah Negara/SBSN) or State Sukuk next Tuesday (5/11) with an indicative target of IDR 9 trillion. There were 7 series of SUN offered in the auction, consisting of 2 series of Government Treasury Notes (lit. Surat...
Budi Starch & Sweetener Tbk (BUDI), a flour and sugar manufacturer operating under Sungai Budi Group, will distribute interim dividend of IDR 22.49 billion. Alice Yuliana, Corporate Secretary of BUDI, mentioned that the plan is aligned with the decision made by the board of directors a couple of days ago. “It had been approved by...
Australias business confidence strengthened notably in October on improvements across all industries except construction and retail, survey data from NAB showed on Tuesday. The business confidence index rose to +5 from -2 in September. At the same time, the business conditions index was unchanged at 7 in October. Trading conditions edged up one point to...
Asian stocks retreated on Monday as Beijings latest stimulus fell short of investor expectations and weak inflation data dampened hopes for a significant recovery in the worlds second largest economy. Concerns over U.S. dollar strength and international trade relationships also weighed on regional markets as the Republican Party edged closer to sweeping both chambers of...
The Japanese yen weakened against other major currencies in the Asian session on Monday, after the Bank of Japan (BoJ) Summary of Opinions from the October meeting revealed that policymakers were split on whether to raise interest rates. Also, the political uncertainty in Japan, raised doubts over the BoJs ability to tighten its monetary policy...
German stocks opened higher on Monday as investors digested upbeat earnings and looked ahead to key inflation readings in Germany and the United States due later in the week. The benchmark DAX was up 231 points, or 1.20 percent, at 19,446 after declining 0.8 percent on Friday. Automotive and industrial supplier Continental AG jumped nearly...
Canadian shares may open higher on Monday, tracking positive lead from European markets. However, weak crude oil and metal prices may weigh and limit markets upside. With a slew of key economic data due later in the week, the mood is likely to remain cautious. The dollar hovers near four-month peak versus major peers on...
The Canadian market is notably higher in late morning trade on Monday with investors continuing to react positively to Donald Trumps win in the U.S. Presidential Election. Stocks from technology, financials and utilities sectors are contributing significantly to the climb up north. to benefit from the upward momentum generated in reaction to former President Donald...