The major European markets closed slightly higher on Thursday with investors reacting positively to some quarterly earnings updates from a few major European and U.S. companies, and dovish comments from Bank of England Governor Andrew Bailey. Data showing weak private sector activity in the Eurozone and the U.K. weighed a bit and limited markets upside....
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday, as investors are awaiting the outcome of the U.S. presidential election on Sunday. On Thursday, uncertainty over the U.S. election outcome weighed on the tech sector. Teslas forecast-beating earnings provided some comfort...
Chinas central bank left the rate on medium-term lending facility unchanged on Friday after lowering the rate by 30 basis points last month. The Peoples Bank of China maintained the medium-term lending facility rate at 2.0 percent. The central bank today conducted a seven-day reverse repo operations of CNY 292.6 billion at an interest rate...
Inflation in Japans capital Tokyo fell below 2 percent for the first time since May, data from the Ministry of Internal Affairs and Communications showed Friday. Excluding fresh food, consumer price inflation weakened to 1.8 percent in October from 2.0 percent in September. Inflation was seen at 1.7 percent. The rate fell below 2.0 percent...
JAKARTA - PT Sekar Laut Tbk (SKLT), a food and beverage manufacturer best known for its Finna brand, welcomed four new investors on Thursday, October 10. The four investors purchased 451.82 million SKLT shares, or 6.54% of the total, through PT Henan Putihrai Sekuritas. The four investors are PT Sentra Dinamika Persada, PT Eswhuang, PT...
JAKARTA - Bank of Singapore Limited, a foreign investor, acquired 293.77 million shares of PT Bank Amar Indonesia Tbk (AMAR) on Friday, October 11, bringing the total number of shares to 1.90 billion. The purchase of shares viaCitibank, N.A. instantly increased theBank of Singapores ownership stake in thisdigital bank from 8.78% to 10.38%. Additionally, with...
JAKARTA - Foreign investors upped their share-buying activities on Monday, October 14, totaling 4.69 billion shares. The digital corporation PT GoTo Gojek Tokopedia Tbk (GOTO) had the largest share bought for around 47% of the overall foreign purchase volume, or 2.23 billion shares, with a net volume of 373.02 million shares. The foreign sales volume...
JAKARTA. PT MD Entertainment Tbk (FILM), a film production company, has reportedly signed a loan agreement with PT Bank Mandiri (Persero) Tbk (BMRI) with total principal worth IDR 794.75 billion. The facility consists of 2 terms, Tranche 1 of IDR 529.5 billion, and Tranche 2 of IDR 265.25 billion. The tenor set for FILM by...
JAKARTA. The Indonesian Securities Rating Agency (Pefindo) has confirmed the idSD or Selective Default rating for PT Waskita Karya (Persero) Tbk (WSKT), following the companys financial profile which has not improved. In its official statement a few days ago, Pefindo also confirmed that the rating for WSKTs Phase IV Shelf Registration Bonds was at an...
German business confidence improved for the first time in five months in October but remained at a low level suggesting weaker economic activity, survey results from the ifo Institute showed Friday. The business climate index climbed to 86.5 in October from 85.4 in the previous month. The score was forecast to rise to 85.6. This...