JAKARTA. Jakarta Stock Price Composite Index (IHSG) posted 3.77% or 268.51-point increase to 7,382.78 last week following growth in daily transaction frequency. Eko Susanto, Acting Secretary of Indonesia Stock Exchange (IDX), confirmed that the daily transaction frequency last week rose 8.66% to 1.24 million. A week prior, the frequency was stuck at 1.14 million transactions....
Hero Supermarket Tbk (HERO) has officially changed its name to PT DFI Retail Nusantara Tbk following a successful meeting of shareholders last week. In said meeting, 92.28% of the shares with valid votes have agreed upon this name change. “[Shareholders] agreed upon the amendment of Article 1 Paragraph 1 of Articles of Association of the...
Asian stocks ended mixed on Tuesday after Chinas exports and imports both missed expectations in November, signaling growing trade challenges. Gold ticked higher, the U.S Treasury 10-year yield fell one basis point to 4.19 percent and the dollar held steady ahead of key U.S. consumer and producer inflation readings due this week that will help...
German stocks were subdued on Tuesday as Chinese trade figures disappointed and domestic data showed Germanys consumer price inflation rose to a four-month high in November due to less favorable energy base effects. The consumer price index registered an annual increase of 2.2 percent in November, following a 2.0 percent rise in October, Destatis reported...
French stocks were moving lower on Tuesday as caution crept in ahead of the release of key U.S. consumer and producer inflation readings this week that will help shape the outlook for Federal Reserve monetary policy. Also, the focus shifted to the European Central Bank (ECB) monetary policy decision on Thursday, with the central bank...
U.K. stocks traded lower on Tuesday, with miners leading losses after data showed Chinas exports grew at a slower pace in November and imports unexpectedly shrank, in a worrying sign for the worlds second-largest economy. The benchmark FTSE 100 dropped 35 points, or 0.4 percent, to 8,317 after gaining half a percent the previous day....
European stocks traded lower on Tuesday, with miners leading losses after data showed Chinas exports grew at a slower pace in November and imports unexpectedly shrank, in a worrying sign for the worlds second-largest economy. Also, focus shifted to upcoming U.S. CPI data and the ECB policy meeting. The European Central Banks (ECB) monetary policy...
Chinas exports growth weakened more than expected in November and imports posted a surprise decline due to the weak domestic demand, highlighting the risk of deepening economic slowdown as the property market has yet to bottom out amid threats of global trade protectionism measures. Exports grew 6.7 percent annually in November, which was weaker than...
Shares of Oracle Corp. declined around 8 percent in the after-hours trading on Monday, and is currently down around 9 percent in the pre-market activity on the NYSE after the tech majors second-quarter earnings missed the market estimates, and also issued third-quarter outlook below the Street view. However, the quarterly profit and revenues increased from...
Indian shares fluctuated before ending little changed on Tuesday as traders closely monitored escalating violence in Syria and awaited key U.S. inflation readings this week that could influence the Feds rate trajectory. The benchmark S&P BSE Sensex ended the session up 1.59 points at 81,510.05 while the broader NSE Nifty index closed down 8.95 points...