The China stock market has finished higher in three straight sessions, gathering almost 120 points or 3.5 percent along the way. The Shanghai Composite now sits just above the 3,285-point plateau although the rally may stall on Wednesday. The global forecast for the Asian markets is soft thanks to rising treasury yields. The European and...
The Hong Kong stock market has moved higher in two of three days since the end of the four-day losing streak in which it had stumbled almost 1,100 points or 5.2 percent. The Hang Seng Index now sits just beneath the 20,500-point plateau and its expected to remain in that neighborhood again on Wednesday. The...
The Indonesia stock market has tracked higher in eight straight sessions, climbing more than 300 points or 4.1 percent along the way. The Jakarta Composite Index now rests just beneath the 7,790-point plateau and its overdue for consolidation on Wednesday. The global forecast for the Asian markets is soft thanks to rising treasury yields. The...
JAKARTA -PT Inti Bangun Sejahtera Tbk (IBST)has obtained a loan facility of IDR 600 billion from dariPT Bank Permata Tbk (BNLI). The guarantor of this facility is PT Protelindo, a subsidiary of PT Sarana Menara Nusantara Tbk (TOWR). Monalisa Irawan, Corporate Secretary of TOWR, mentioned that the facility is meant to be used as capital...
JAKARTA - To commemorate the 25th anniversary of GarudaMiles, PT Bank Negara Indonesia (Persero) Tbk or BNI and PT Garuda Indonesia (Persero) Tbk are providing various attractive offers to Garuda BNI Credit Card users. This program includes bonuses of up to 25,000 GarudaMiles, Fast Track opportunities to achieve Platinum membership, and exclusive promos for exchanging...
JAKARTA - On Monday, October 7, PT Jaya Trishindo Tbk (HELI), popularly known as Jati Group, welcomed PT Avia Nusantara Khatulistiwa as a new investor. Without hesitation, this investor acquired 228.81 million shares, giving themcontrol over approximately 27.47% of HELIs outstanding shares. Meanwhile, HELIs controller, PT Startel Communication, saw a drop in shares from 47.82%...
JAKARTA - On Tuesday, October 8, individual shareholder Iwa Sukresno Karunia increased his ownership stake in PT Arkadia Digital Media Tbk (DIGI) by acquiring 17.40 million shares. His share portion has increased to 27.05% from the more than 25% he previously held in the issuer, which oversees multiple digital media platforms and content creation. Suwantara...
JAKARTA – Jakarta Stock Price Composite Index (JCI) strengthened to over 7,500 at the morning session today (11/10) in Indonesia Stock Exchange (IDX). This shift resembled yesterday’s (10/10) index trend. Monitoring the board, so far, the index was at 7,528.70 at 11.24 AM WIB, higher than 7,512.47 recorded at 9 AM WIB. JCI’s uptrend further...
Malaysia will on Monday release preliminary Q3 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In the previous three months, GDP was up 5.9 percent on year. Taiwan will provide September figures for export orders; in August, orders were up 9.1 percent on year. New Zealand will see September numbers...
The South Korea stock market has moved lower in three straight sessions, shedding almost 40 points or 1.6 percent along the way. The KOSPI now sits just above the 2,590-point plateau although it may stop the bleeding on Monday, The global forecast for the Asian market is upbeat on generally upbeat earnings news. The European...