Eastparc Hotel Tbk (EAST), the 5-star hotel management company in Yogyakarta, only scored net profit of IDR 23.32 billion in the first half (H1) of 2024. It dropped 9.7% year-on-year (yoy) from IDR 25.83 billion recorded in the first half (H1) of 2023. According to the released financial report, EAST’s profit decline in H1 2024...
JAKARTA – The performance of PT Pembangunan Jaya Ancol Tbk (PJAA) took a downturn in Q3 2024 compared to Q3 2023. Lower revenue and increased expenses dragged its profit down by 41.10% to IDR 100.59 billion from IDR 170.80 billion. Based on Financial Report of Q3 2024 quoted Friday (11/11), PJAA’s operating revenue was recorded...
JAKARTA. PT Permodalan Nasional Madani (PNM), a non-bank financing institution under ultra-micro holding ofPT Bank Rakyat Indonesia (Persero) Tbk (BBRI), issues medium term sukuk mudharabah of IDR 262 billion. The security has been registered in Indonesia Central Security Depository under the title Medium Term Sukuk Muharabah VI of PT Permodalan Nasional Madani Year 2024 Phase...
The Singapore stock market on Monday ended the two-day winning streak in which it had advanced almost 50 points or 1.4 percent. The Straits Times Index now sits just shy of the 3,615-point plateau and it may take further damage on Tuesday. The global forecast for the Asian markets is negative with profit taking likely...
The China stock market has finished higher in back-to-back sessions, gathering almost 100 points or 3 percent along the way. The Shanghai Composite now sits just beneath the 3,270-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is negative with profit taking likely for many of the...
The Hong Kong stock market headed south again on Monday, one session after halting 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 above the 20,475-point plateau and its looking at another soft start again on Tuesday. The global forecast for the...
The Indonesia stock market has tracked higher in seven straight sessions, climbing more than 285 points or 3.9 percent along the way. The Jakarta Composite Index now rests just above the 7,770-point plateau although investors figure to lock in gains on Tuesday. The global forecast for the Asian markets is negative with profit taking likely...
The Thai stock market has tracked lower in two straight sessions, slipping more than 6 points or 0.4 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,490-point plateau and its looking at another soft start again on Tuesday. The global forecast for the Asian markets is negative with...
French stocks were moving higher on Friday after an ECB survey showed headline inflation in the euro zone will return to the central banks 2 percent target sooner than earlier thought. The survey is an important input in the ECBs policy deliberations. The European Central Bank lowered interest rates for the third time this year...
JAKARTA. PT Daaz Bara Lestari Tbk (DAAZ), a commodity trading company that has now expanded its reach to mining logistics and services, will issue 300 million shares in its initial public offering (IPO). The number of shares issued by DAAZ is equal to 15.02% of its total issued and paid-up capital. Each share is offered...