Ahead of Thursdays holiday for National Day, the Taiwan stock market had alternated between positive and negative finishes through the last five trading days since the end of the two-day slide in which it had dropped more than 630 points or 2.9 percent. The Taiwan Stock Exchange now rests just beneath the 22,660-point plateau and...
The China stock market bounced higher again on Thursday, one day after ending the 10-day winning streak in which it had skyrocketed more than 780 points or 27.9 percent. The Shanghai Composite now sits just above the 3,300-point plateau and it may open under pressure on Friday. The global forecast for the Asian markets is...
The Indonesia stock market has moved lower in back-to-back sessions, dropping almost 80 points or 1.1 percent along the way. The Jakarta Composite Index now rests just above the 7,490-point plateau and its looking at another soft start again on Friday. The global forecast for the Asian markets is soft on ebbing optimism over the...
JAKARTA - On Wednesday,September 25, PT Centratama TelekomunikasiIndonesia Tbk (CENT) saw the purchase of 18.04 billion shares by foreign investor UOB Kay Hian Private Limited. This Singaporean investors shareholding jumped from 38.3% to 96.17% as a result of the transaction through PT UOB Kay Hian Sekuritas, making themthe currentcontrolling shareholder. The CENT stock is actively...
JAKARTA - Foreign investors bought more shares on Friday, September 27, than they sold. Foreign purchasing volume was recorded at 4.53 billion shares, while foreign selling volume was 4.11 billion shares. As a result, the net foreign volume surplus at around 426.93 million shares. Foreign investors initiated share purchase transactions by buying 2.26 billion shares...
JAKARTA – The loss ofPT Garuda Indonesia (Persero) Tbk (GIIA) worsened 32.88% year-on-year (yoy) in the first half (H1) of 2024 to USD 101.65 million from USD 76.50 million seen in H1 2023. This loss still resulted from increased operating expenses, although its revenue improved. In the H1 2024 Financial Report quoted Tuesday (1/10), GIAA’s...
Pertamina Geothermal Energi Tbk (PGEO)has signed a Memorandum of Understanding (MoU) with PT Pertamina Power Indonesia (Pertamina NRE) and Genevia, a France-based company focusing on clean hydrogen technology development. Said MoU arranges the partnership between PGEO, Pertamina NRE, and Genvia to conduct joint research regarding the clean or low-carbon hydrogen development. The development will be...
JAKARTA -PT Petrosea Tbk (PTRO) spent IDR 6 trillion of its capital expenditure (capex) budget in order to acquire new supporting equipment to support business expansion in Central Kalimantan. Iman Darus Hikhman, Mining and Mine Services Director of Petrosea, confirmed that this new equipment purchase will support several new mining service projects. “It is an...
The Thai stock market has moved higher in five straight sessions, gathering more than 25 points or 1.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,470-point plateau although the rally may stall on Friday. The global forecast for the Asian markets is soft on ebbing optimism over the...
Indian shares look set to open on a positive note Wednesday after Wall Streets major indexes staged a comeback overnight and oil prices fell from recent highs on concerns around Chinas economic outlook. Trading later in the day may be influenced by the Reserve Bank of Indias (RBIs) monetary policy decision. Stock-specific action could be...