The Singapore stock market ended the two-day winning streak in which it had picked up more than 20 points or 0.6 percent. The Straits Times Index now sits just above the 3,575-point plateau although it figures to bounce higher again on Wednesday. The global forecast for the Asian markets suggests mild upside, fueled by support...
The Taiwan stock market has alternated between positive and negative finishes through the last four 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 above the 22,610-point plateau although its likely to find support again on...
The China stock market had tracked higher in 10 straight sessions, surging more than 780 points or 27.9 percent in that span. The Shanghai Composite now sits just beneath the 3,490-point plateau although its overdue for consolidation on Wednesday. The global forecast for the Asian markets suggests mild upside, fueled by support from the technology...
The Hong Kong stock emphatically ended the two-day winning streak in which it had surged almost 1,000 points or 4.6 percent. The Hang Seng Index now sits just above the 20,925-point plateau although it may cut into some of those losses on Wednesday. The global forecast for the Asian markets suggests mild upside, fueled by...
JAKARTA – Shareholders of PT BPD Jawa Timur Tbk (BJTM)agreed upon extra capital investment channelled toPT BPD Banten Tbk (BEKS)worth IDR 10 billion. The decision was made official during Extraordinary General Meeting of Shareholders last week (26/9). Wioga Adhiarma Aji, Corporate Secretary of BJTM, confirmed that the meeting gave approval regarding the corporate action plan...
M Cash Integrasi Tbk (MCAS) is planning a shares buyback of 30.2 million shares at most, or equal to 3.48% of its issued and paid-up capital. The management of MCAS confirmed that the company had gained approval from shareholders in a meeting held on September 27, 2024. In said meeting, the budget allocated for this...
JAKARTA -PT Global Sukses Solusi Tbk (RUNS) has transferred treasury stock gained from buyback as bonus shares to the boards of directors, commissioners, and employees, as well. Dwie Kristianto, Director of RUNS, confirmed that the company had transferred 1.78 million shares gained from buyback, or equal to 40% of total treasury stock. “The company had...
JAKARTA. The Indonesian government will once again hold another auction of Government Securities (lit. Surat Utang Negara/SUN) yesterday (1/10), with an indicative target of IDR 22 trillion. Said auction is intended to meet some of the financing target set in the 2024 State Budget, as stated by the Directorate-General of Budget Financing and Risk Management...
Bank Pan Indonesia Tbk (PNBN) modifies the schedule of the issuance of Shelf-Registration Bond IV Phase II Year 2024 with total principal worth IDR 3.91 trllion. Initially, it was announced that the public offering of the bond would take place from September 25 to October 1, 2024. However, last Friday (27/9), PNBN changed the date,...
The Indonesia stock market has moved higher in back-to-back sessions, collecting more than 60 points or 0.8 percent along the way. The Jakarta Composite Index now rests just beneath the 7,560-point plateau and it may add to its winnings on Wednesday. The global forecast for the Asian markets suggests mild upside, fueled by support from...