JAKARTA. Foreign net buy recorded yesterday (3/12) finally ended the consecutive foreign outflows since the first week of November. The foreign inflow reportedly reached IDR 2.08 trillion last Monday (2/11), equal to USD 130.42 million. It is the highest foreign net buy recorded since September 19, 2024. According to data compiled by IDNFinancials, PT GoTo...
JAKARTA. The Indonesian government will build a methanol factory with total investment worth IDR 19.08 trillion next year to cut down imports. This is conveyed by Bahlil Lahadalia, Minister of Energy and Mineral Resources, after a work meeting with Commission XII of DPR RI earlier this week. “The factory will be built. We will begin...
JAKARTA - Individual investors in PT Wintermar Offshore Marine Tbk (WINS) were actively adding shares on Monday, December 2. Manoj Pitamber Nanwani made the initial acquisition, acquiring an extra 1.22 million shares of WINS, for a total of 5.31% of the company. Johnson Williang Sutjipto then invested in 497,200 shares, followed by Sugiman Layanto with...
JAKARTA. Jakarta Stock Price Composite Index (IHSG) saw 1.49% climb, or 107.05 points higher, to 7,303.52, supported by nearly all sectors. Throughout the first session, IHSG registered its peak at 7,323.38 and the lowest at 7,187.48. Transaction volume was recorded at 113.69 million stock lots, valued at a total of IDR 5.64 trillion, and recording...
The British pound strengthened against other major currencies in the European session on Thursday, as investor sentiment boosted after the French President Emmanuel Macron seeks a way out of Frances political crisis. Prime Minister Michel Barnier is expected to resign later today after being ousted in a no-confidence vote over a budget dispute. That makes...
The Canadian market is likely to open on a somewhat subdued note Thursday morning. Bank stocks are likely to be in focus, with investors reacting to earnings updates from BMO and CIBC. Bank of Montreal (BMO.TO) reported a net income of $2,304 million for the fourth-quarter of fiscal 2024, compared with $1,710 million in the...
A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing a modest increase by first-time claims for U.S. unemployment benefits in the week ended November 30th. The report said initial jobless claims rose to 224,000, an increase of 9,000 from the previous...
Reflecting a steep drop by the value of imports, the Commerce Department released a report on Thursday showing the U.S. trade deficit narrowed by slightly more than expected in the month of October. The Commerce Department said the trade deficit shrank to $73.8 billion in October from a revised $83.8 billion in September. Economists had...
The Canadian market hit new intraday and closing highs on Thursday even as the mood remained somewhat cautious with investors looking ahead to crucial Canadian and U.S. employment data due on Friday. Energy, utilities and consumer staples stocks contributed to markets positive close. Consumer discretionary, real estate and materials stocks were a bit subdued. Financials...
The South Korea stock market has finished lower in two straight sessions, slumping almost 60 points or 2.5 percent along the way. The KOSPI now sits just above the 2,440-point plateau and it may take further damage again on Friday. The global forecast for the Asian markets is flat to lower ahead of key U.S....