The Thai stock market has moved higher in three straight sessions, gathering almost 10 points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,450-point plateau and its tipped to open in the green again on Wednesday. The global forecast for the Asian markets suggests mild upside, fueled...
The South Korea stock market on Friday ended the three-day losing streak in which it had stumbled almost 110 points or 4.2 percent. The KOSPI now sits just beneath the 2,570-point plateau and it may extend its gains on Monday. The global forecast for the Asian markets is upbeat following the release of strong U.S....
German stocks declined on Monday after official data showed Germanys factory orders declined at a faster-than-expected pace in August. According to preliminary figures from data Destatis, incoming new orders contracted 5.8 percent on a monthly basis in August, reversing Julys upwardly revised 3.9 percent expansion. Orders were expected to fall 1.9 percent. Further, this was...
French stocks were little changed on Monday as robust U.S. jobs data released on Friday lifted bond yields. After U.S. employers added more jobs than expected in September, traders have pared bets that the Federal Reserve will cut rates again by 50 basis points at its November 6-7 meeting. According to the CME Groups FedWatch...
European stocks were subdued on Monday due to pressure from higher bond yields following robust U.S. jobs data released last week. Sentiment was also dented after official data showed Germanys factory orders declined at a faster-than-expected pace in August. According to preliminary figures from data Destatis, incoming new orders contracted 5.8 percent on a monthly...
JAKARTA. PT Jasa Marga (Persero) Tbk (JSMR) has divested its shares in PT Jasamarga Transjawa Tol (JTT) to 3 new investors for deleveraging purposes. The number of JTTs shares divested by JSMR is 6.2 billion or equal to 30.18% of total JTTs shares. These are transferred to PT Margautama Nusantara (MUN), PT Metro Pacific Tollways...
JAKARTA. PT Indika Energy Tbk (INDY) has divested its portion in one of its subsidiaries, PT Trisetia Citagraha (TCG), and transferred it to PT Barito Pacific Lumber (BPL). INDY and BPL reportedly signed a Conditional and Binding Shares Sale and Purchase Agreement on September 26, 2024. In said agreement, PT Indika Multi Properti (IMP) as...
JAKARTA - On Monday, September 23, PT Tripar Multivision Plus Tbk (RAAM) welcomed PT MNC Digital Entertainment Tbk as a new investor. MNC Digital, which holds a direct 9.09% stake in this production company, was able to acquire up to 619.42 million shares through a private placement. However, because of this corporate action, the controller...
JAKARTA – Jakarta Composite Stock Price Index (JCI) slipped since the opening bell today (27/9) until 10.02 AM WIB. This decline brought JCI even lower from yesterday’s (26/9) closing position. Monitoring the board this morning, JCI opened at 7,721.55 at 9 AM WIB. However, it kept slipping to the floor, hitting 7,662.60 at 9.05 AM...
JAKARTA - Foreigners purchased and sold shares on Thursday, September 26, bringing net foreign volume into the green zone and closing at 456.94 million shares. The figure was calculated using the difference between foreign buying volume (4.86 billion shares) and foreign selling volume (4.41 billion shares). The digital corporation PT GoTo Gojek Tokopedia Tbk (GOTO)...