JAKARTA – PT Adira Dinamika Multi Finance Tbk (ADMF) recorded a decline in new financing of up to 9% year-on-year (yoy) at the end of September (9M) 2024, following the trend of weakening car sales. Based on the Q3 2024 Financial Report quoted today (1/11), ADMF recorded new financing of IDR 27.8 trillion, down 9%...
JAKARTA – PT Indonesian Paradise Property Tbk (INPP) continues to record performance improvements until the end of September 2024, even recording a 121% year-on-year (yoy) increase in profit for the current year. In fact, based on the Financial Report until the end of Q3 2024, total revenue only increased 6% yoy, from IDR 831.5 billion...
JAKARTA - The House of Representatives (DPR) reminded the Government to be prudent in its plan to save PT Sri Rejeki Isman Tbk (SRIL). This was conveyed by Misbakhun, Member of Commission XI DPR in Jakarta (30/10). He conveyed that state assistance does not have to be in the form of monetary assistance, but in...
JAKARTA - The Indonesia Stock Exchange (BEI) recorded 10 Top Gainers issuers with share price growth in the range of 98%-284% during the month from August to September 2024. Based on the data compiled by IDN Financials quoted on Wednesday (30/10), this Top Gainers issuer is at a medium level based on the number of...
JAKARTA – PT Bank Negara Indonesia (Persero) Tbk (BBNI) or BNI recorded moderate credit growth at the end of September 2024, up 5.7% year-on-year (yoy). However, home ownership credit (KPR) was recorded to have soared higher than the industry average. Based on the Q3 2024 Financial Report, BNIs credit distribution was reported to have reached...
Labor productivity in the U.S. increased by slightly less than expected in the third quarter, according to a report released by the Labor Department on Thursday, while unit labor costs rose by much more than expected. The Labor Department said labor productivity shot up by 2.2 percent in the third quarter after surging by a...
The Commerce Department released a report on Thursday showing wholesale inventories in the U.S. fell by slightly more than expected in the month of September. The report said wholesale inventories slipped by 0.2 percent in September after rising by 0.2 percent in August. Economists had expected wholesale inventories to edge down by 0.1 percent. The...
The Canadian market is up in positive territory a little past noon on Thursday, with stocks from technology and real estate sectors turning in a fine performance. Consumer discretionary, financials and materials stocks are also finding good support. The mood remains positive with the outcome of the U.S. Presidential election continuing to aid sentiment. Investors,...
European stocks closed higher on Thursday as an interest rate cut by the Bank of England (BoE), and some encouraging earnings updates and economic data helped underpin sentiment. Investors looked ahead to the Federal Reserves monetary policy announcement, due later in the day. The Bank of England reduced its benchmark rate for the second time...
Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, after the US Fed delivered the widely expected decision to lower interest rates by a quarter point and signaled no intention to skip cutting rates. The Bank of England also cut interest rates. Asian markets ended mixed on...