JAKARTA - The Composite Stock Price Index (JCI) closed up 1.61% or 112.58 points to 7,096.45 on Monday (23/12). The increase in the index was led by the shares of PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) and PT Bank Mandiri (Persero) Tbk (BMRI), whose prices rose 3.69% and 2.64% respectively. The increase in BBRIs...
Jakarta - President Director of PT Sido Muncul Pupuk Nusantara (SMPN) David Hidayat, explained that the company has succeeded in utilising herbal waste from the herbal medicine production of PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO) into agricultural fertiliser and livestock nutrition supplements. “We have been working for almost 20 years to process...
Jakarta - PT Bakrieland Development Tbk (ELTY) has officially acquired 100% of the shares of PT Graha Istana Nirwana (GIN), the manager of Aston Sidoarjo City Hotel & Conference Centre. This acquisition was carried out through its subsidiary, PT Mutiara Masyhur Sejahtera (MMS), with a debt conversion mechanism of IDR 93.6 billion into a capital...
Jakarta - PT Bank Negara Indonesia (Persero) Tbk (BBNI) strengthens its commitment to digital transformation through the construction of the Innovation Hub at Sarinah Building. This place is a centre of innovation and collaboration designed to encourage a productive and creative work culture, especially among the younger generation. One of the flagship innovations of the...
The Composite Consumer Sentiment Index (CCSI) for December stood at 88.4, 12.3 points lower than that in November. Consumer sentiment regarding current living standards was 87, four points lower than in November. The outlook was 86, eight points lower than in the previous month. Consumer sentiment related to future household income was 94, six points...
Indian shares may move in a tight range on Tuesday ahead of a market holiday on Wednesday for Christmas. IT stocks could be in focus after a rally in some of the worlds largest technology companies, including Nvidia, Broadcom, Alphabet and Meta boosted U.S. benchmark indexes overnight. Foreign portfolio investors sold shares worth Rs. 168.71...
The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday. The Canadian dollar rose to more than a 4-1/2-month high of 0.8943 against the Australian dollar, from yesterdays closing value of 0.8955. Against the U.S. dollar, the loonie advanced to 1.4348 from yesterdays closing value of 1.4360. Against the euro and...
The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday, as the crude oil prices moved higher on expectations the Chinese government will announce additional stimulus revive growth in the worlds second largest economy. There is optimism over solid U.S. fuel demand after separate set of data released the previous day...
Jakarta - PT Petrosea Tbk (PTRO) announced the implementation of share trading with a new nominal value as a result of a stock split which will begin on January 3, 2025. The stock split with a ratio of 1:10 aims to attract retail investors by offering shares at a more affordable price. Anto Broto, Head...
Jakarta - PT Pan Brothers Tbk (PBRX) managed to escape the threat of bankruptcy after the Central Jakarta Commercial Court ratified a homologation agreement with the majority of creditors. As part of the homologation agreement, Pan Brothers will restructure its US$ 340 million debt to bank creditors and bondholders. The restructuring will be carried out...