JAKARTA. The Indonesian government will once again hold an auction of Government Securities (lit. Surat Utang Negara/SUN) next Tuesday (15/10) with an indicative target of IDR 22 trillion. The auction is intended to meet some of the financing target set in the 2024 State Budget, as stated by the Directorate-General of Budget Financing and Risk...
JAKARTA -PT Gunung Raja Paksi Tbk (GGRP) will cut its shares’ nomimal value to IDR 140 from IDR 500, effective starting from November 5, 2024. In the information disclosure quoted Friday (11/10), Fedaus, Director of Public Relations of GGRP, confirmed that the refund following this capital reduction, by lowering nominal value of the shares by...
JAKARTA - PT Japfa Comfeed Indonesia Tbk (JPFA) distributed an interim dividend of IDR 813.93 billion or IDR 70 per share from net profit for the first semester of 2024. From the disclosure of information quoted on Friday (11/10), interim dividend payments will be made on (29/10) referring to the Shareholder Register (DPS) as of...
Astra Otoparts Tbk (AUTO), an automotive spare part manufacturer of Astra Group, announced its plan to allocate interim dividend of IDR 57 per share or IDR 274.72 billion in total. Shophie Handili, Corporate Secretary of AUTO, confirmed that the plan is a decision made by the board of directors a couple of days ago. “It...
U.K. stocks were moving lower on Friday and the pound euro (GBP/EUR) exchange rate held near a two-and-a-half year high after data showed U.K. retail sales logged an unexpected growth in September on higher sales of technology products. Retail sales grew 0.3 percent on month in September, confounding expectations for a 0.3 percent fall. This...
The British pound strengthened against other major currencies in the European session on Friday, after data showed that U.K. retail sales logged an unexpected growth in September on higher sales of technology products. Positive retail sales statistics may impact conjecture over the Bank of England (BoE) rate-cut trajectory. Data from the Office for National Statistics...
European shares were mixed on Friday, a day after the European Central Bank (ECB) cut its deposit rate by 25 basis points to 3.25 percent, citing sluggish economic growth and easing inflation. According to its quarterly survey of professional forecasters, the ECB sees inflation falling to 1.9 percent in 2025 from a previous forecast of...
Indian shares recovered from an early slide to end modestly higher on Friday. Rate-sensitive banks, automakers and metal stocks advanced, offsetting weakness in the IT and FMCG sectors. The benchmark 30-share BSE Sensex ended the session up 218.14 points, or 0.27 percent, at 81,224.75, snapping a three-session losing streak. The broader NSE Nifty index closed...
Futures point to a mixed start for stocks on Wall Street Friday morning. With the economic calendar rather light, investors are likely to focus on earnings. The Dow futures are down 0.14 percent, while the S&P futures and the Nasdaq futures are up 0.21 percent, and 0.52 percent, respectively. American Express said that its bottomline...
The Taiwan stock market has climbed higher in two straight sessions, advancing more than 475 points or 2.1 percent along the way. The Taiwan Stock Exchange now rests just beneath the 23,490-point plateau and its tipped to open in the green again on Monday. The global forecast for the Asian market is upbeat on generally...