The manufacturing sector in Australia continued to contract in November, albeit at a slower pace, the latest survey from Judo Bank revealed on Friday with a manufacturing PMI score of 49.4. Thats up from 47.3 in October, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. The survey also showed...
The Malaysia stock market has moved lower in three straight sessions, slipping more than 15 points or 0.9 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,590-point plateau although its tipped to open in the green on Friday. The global forecast for the Asian markets is upbeat on solid...
Overall consumer prices in Japan were up 2.3 percent on year in October, the Ministry of Internal Affairs and Communications said on Friday. That was in line with expectations and down from 2.5 percent in September. On a seasonally adjusted monthly basis, overall inflation was up 0.4 percent - exceeding forecasts for 0.2 percent following...
The Singapore stock market has finished lower in two straight sessions, slipping almost 20 points or 0.6 percent in that span. The Straits Times Index now sits just beneath the 3,740-point plateau although its due for support on Friday. The global forecast for the Asian markets is upbeat on solid earnings news and support from...
JAKARTA – PT Indika Energy Tbk (INDY) admits that its performance at the end of 2024 will not be as brilliant as last year, especially after the divestment of its coal mine, PT Multi Tambang Jaya Utama (MUTU), which was completed last February. After this divestment, INDYs coal segment is now only supported by PT...
JAKARTA - On Monday, November 18, PT Pelita Sukses Sejatipurchased 6.25% of the shares in PT Sumber Tani Agung Resources Tbk (STAA), a palm oil company. Nearly 682 million shares of STAA were acquired by thisnew investor via PT Panin Sekuritas Tbk. Additionally, Sugiman Halim increased his ownership stake to 10.51% of PT Newport Marine...
JAKARTA - On Tuesday, November 19, foreign investors bought a total of 5.58 billion shares. Meanwhile, foreign sell volume was 4.81 billion shares, with net foreign closing at 769.07 million shares. On the top buy list, the digital company PT GoTo Gojek Tokopedia Tbk (GOTO) got the most purchases, totaling 3.36 billion shares with a...
JAKARTA - PT Adaro Energy Indonesia Tbk (ADRO) has allocated a final cash dividend of US$2.62 billion from the 2023 financial year, which will be paid to shareholders on (6/12). Mahardika Putranto, ADRO Corporate Secretary said that the distribution of cash dividends was decided at the Extraordinary General Meeting of Shareholders (EGMS), yesterday (18/11). Cum...
JAKARTA. PT Avia Avian Tbk (AVIA), a paint manufacturer listed on the Indonesia Stock Exchange (BEI) since 2021, has received interim cash dividend income from one of its subsidiaries, namely PT Tirtakencana Tatawarna (Tirta). The value of the interim cash dividend obtained by AVIA from Tirta was IDR 99.99 billion. This represents 99.99% of the...
The manufacturing sector in Japan continued to contract in November, and at a faster pace, the latest survey from Jibun Bank revealed on Friday with a manufacturing PMI score of 49.0. Thats down from 49.2 in October, although it moves further beneath the boom-or-bust line of 50 that separates expansion from contraction. The decline signaled...