Indian shares posted strong gains on Wednesday, with firm global cues boosting sentiment after U.S. Republican Donald Trump claimed victory in the 2024 presidential contest. Trump is on course to return to power in the United States winning 266 electoral votes. He is leading in key battleground states, and just four seats short of majority,...
Shares of BMW Group were losing around 5 percent in the morning trade on Germanys XETRA after the luxury auto major reported Wednesday sharply lower profit and revenues for its third quarter with weak volume in all regions, mainly in China. Further, BMW Group confirmed its recently adjusted fiscal 2024 guidance. According to the firm,...
JAKARTA – Indonesia Stock Exchange (IDX) authorities have begun the major evaluations for six indices, effective from November 1, 2024 until January 31, 2025. It also evaluated 10 other indices in a minor scale. Based on the data compiled by IDNFinancials today (30/10), 6 indices that undergo major evaluations include IDX30, LQ45, IDX80, Bisnis-27, MNC36,...
JAKARTA -PT Garuda Maintenance Facility Aero Asia Tbk (GMFI)to officially hold a rights issue of 11.73 billion shares or equal to a maximum of 41.7% of total issued and paid-up capital. Total votes that have agreed upon this corporate action represent 25.45 billion shares or 99.99% of 25.45 billion shares attending the Extraordinary General Meeting...
Rukun Raharja Tbk (RAJA) and one of its subsidiaries, PT Triguna Internusa Pratama (TIP), has signed a credit facility agreement from PT Bank Mandiri (Persero) Tbk (BMRI) worth over USD 44.8 million. Yuni Pattinasarani, Corporate Secretary of RAJA, said that there are 2 credit facilities received from BMRI, consisting of a term loan with limit...
JAKARTA - The majority stake in PT Lima Dua Lima Tiga Tbk (LUCY), held by PT Delta Wibawa Bersama, increased by over 130.02 million shares on Thursday, October 24. This controller raised its position from 49.5% to 58.09% through the transaction through PT BCA Sekuritas.Lucy in the Skyis a rooftop bar located in Jakartas Sudirman...
Aneka Tambang Tbk (ANTM) or Antam has formed a strategic partnership with PT Perusahaan Listrik Negara (PLN) to provide an electricity supply of 150 megavolt ampere (MVA) for the ferronickel smelting facility of Antam in Pomalaa, Kolaka, Southeast Sulawesi. This collaboration will also allow Antam to transition from fossil-fuel power plant to a more greener...
The UK construction sector growth slowed notably in October but overall industry activity remained solid on civil engineering work, survey results from S&P Global showed on Wednesday. The construction Purchasing Managers Index posted 54.3 in October, down from 57.2 in September. The index signaled expansion for the eighth consecutive month. Civil engineering was the best-performing...
Spains services industry grew for the fourteenth month in a row in October led by strong improvement in sales and demand and firms increased hiring markedly in response to better business, results of the purchasing managers survey by S&P Global showed on Wednesday. The HCOB services purchasing managers index came in at 54.9 in October,...
Australia posted a merchandise trade surplus of A$4.609 billion in September, the Australian Bureau of Statistics said on Friday. That missed forecasts for a surplus of A$5.240 billion and was down from A$5.284 billion in August. Exports were down 4.3 percent on month to A$40.827 billion after easing 0.2 percent in the previous month. Imports...