European stocks closed higher on Monday with investors largely making their moves reacting or looking ahead to earnings updates, and digesting some corporate news. Investors also awaited the European Central Banks upcoming decision, expecting a 25 bps rate cut later this week. Data showing much less than expected growth in Chinas exports and imports in...
The Switzerland market ended on a bright note on Monday with stocks holding early gains thanks to sustained buying right through the days session. Investors digested the nations producer price inflation data and looked ahead to the European Central Banks monetary policy announcement. The SMI closed up 105.04 points or 0.86% at 12,259.23, after scaling...
French stocks struggled for direction in early trade on Friday as investors waited to see whether Beijing will deliver more fiscal stimulus at a press conference by the finance ministry on Saturday. The benchmark CAC 40 was marginally higher at 7,545 after closing 0.2 percent lower the previous day. China-linked luxury stocks such as Kering,...
JAKARTA -PT MD Entertainment Tbk (FILM will branch out to television broadcast industry following the acquisition of PT Net Visi Media Tbk (NETV), the operator of NET Televisi. The shareholders’ approval regarding this corporate action is projected to be obtained during Extraordinary General Meeting of Shareholders (EGMS) last Tuesday (8/10). In the issued prospectus quoted...
JAKARTA - PT TBS Energi Utama Tbk (TOBA) is allocating IDR 474.58 billion to repurchase (buyback) a maximum of 10% of total issued and paid-up capital. In the information disclosure quoted Monday (7/10), the estimated number of shares to be repurchased is 816.78 million for IDR 580 each. The price is set according to the...
Perusahaan Gas Negara (PGAS) or PGN is eyeing the potential of industrial natural gas development with total volume of up to 15 BBTUD in Sulawesi through the signing of 2 Memorandums of Understanding (MoU). The first MoU was signed by PGAS alongside KSI Indogawa and Sinatar Tara Sejati. Then, the second MoU was signed with...
JAKARTA -PT Medco Energi Internasional Tbk (MEDC) announces the result of tender offer of two Senior Bonds maturing in 2026 and 2027 issued by two of its subsidiaries, namely Medco Oak Tree Pte, Ltd dan Medco Bell Pte Ltd. In the information disclosure quoted Monday (7/10), MEDC mentioned that the proceeds of initial tender offer...
Avia Avian Tbk (AVIA) has collected dividends from two of its subsidiaries, PT Tirtakencana Tatawarna (Tirta Tatawarna) and PT Tirtakencana Batamindo (Tirta Batamindo), worth a total of IDR 107.99 billion. Hera Septi Astuti, Corporate Secretary of AVIA, confirmed that said dividends originate from retained earnings of Tirta Tatawarna and Tirta Batamindo recorded for the fiscal...
U.K. stocks were little changed on Friday as official data showed the U.K. economy returned to growth in August, but the pace of expansion was weaker than in the first half of the year. The real economy grew 0.2 percent in August after showing nil growth in July and June, the Office for National Statistics...
European stocks struggled for direction on Friday as investors digested mixed regional data and looked ahead to a weekend press briefing from Chinas finance minister, where details on the countrys fiscal policy adjustments geared towards fostering economic revival will be revealed. Germanys consumer price inflation eased further as initially estimated in September to the lowest...