The China stock market has alternated between positive and negative finishes through the last eight trading days since the end of the 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just beneath the 3,260-point plateau and its expected to at least open to...
JAKARTA - With a remarkable volume of 5.84 billion shares, PT Aladin Global Ventures purchased shares of PT Bank Aladin Syariah Tbk (BANK) on Friday, October 4. This investors share portion increased to 50.62% from 11.06% after its most recent purchase through PT Pacific Sekuritas Indonesia. Presently, Aladin Global holds a majority stake in the...
JAKARTA - PT GoTo Gojek Tokopedia Tbk (GOTO) had the greatest sales on Tuesday, October 8, with 1.14 billion shares sold and a net volume of -297.64 million shares. This sale boosted foreign selling volume to 4.15 billion shares, while causing net foreign volume to close at -440.41 million shares, as foreign buying volume was...
JAKARTA -PT Victoria Care Indonesia Tbk (VICI) will distribute interim dividend of IDR 23.47 billion from its net profit in the first half (H1) of 2024. The allocation is relatively stable compared to last year. In the information disclosure quoted Thursday (10/10), Tene Michael Alexander, Director of VICI, mentioned that the interim dividend distribution is...
AKR Corporindo Tbk (AKRA)has established its newest subsidiary called PT Terminal Energi Primer (TEP). Haryanto Adikoesoemo, President Director of AKRA, mentioned that the subsidiary is formed alongside PT Usaha Era Pratama Nusantara (UEPN), another subsidiary of the company, as well. “The purpose and intention of PT Terminal Energi Primer is to be engaged in the...
JAKARTA. Indonesia Stock Exchange (IDX) authorities have suspended PT Bank JTrust Indonesia Tbk (BCIC)andPT Jakarta Setiabudi Internasional Tbk (JSPT) due to significant and rapid surge in stock prices. Yulianto Aji Sadono, Head of IDX Transaction Supervisory Division, said that the suspension of BCIC and JSPT is meant as investor protection. Suspension took place in the...
The Indonesia stock market has tracked higher in six straight sessions, climbing more than 275 points or 3.7 percent along the way. The Jakarta Composite Index now rests just above the 7,760-point plateau and its got a firm lead again for Mondays trade. The global forecast for the Asian market is upbeat on generally upbeat...
The euro fell against its major counterparts in the European session on Thursday, as the European Central Bank cut key interest rates by 25 basis points amid progress in disinflation and weak economic data released since the September policy session. The Governing Council, led by ECB President Christine Lagarde, lowered the deposit facility rate by...
European stocks closed higher on Thursday with investors cheering the European Central Banks rate cut announcement, and digesting a slew of corporate earnings updates and regional and U.S. economic data. The ECB cut key interest rates by 25 basis points, as expected, as policymakers assessed that the disinflation process is on track, although they are...
The Canadian market is modestly higher Thursday afternoon with gains in materials and energy sectors contributing to the rise. The mood remains positive with investors reacting to the European Central Banks rate cut move, and optimism about interest rate reductions from the Federal Reserve and the Bank of Canada. The benchmark S&P/TSX Composite Index is...