The Malaysia stock market has moved lower in three straight sessions, dropping more than 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now rests just beneath the 1,630-point plateau although it may find support on Monday. The global forecast for the Asian markets is upbeat following the release of strong...
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the four-day losing streak in which it had slumped more than 65 points or 1.8 percent. The Straits Times Index now sits just beneath the 3,590-point plateau and it may add to its winnings...
The Taiwan stock market turned lower again on Friday, one session after snapping 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 22,300-point plateau although it figures to bounce higher again on Monday. The global forecast for the Asian markets...
The Hong Kong stock market bounced higher again on Friday, one session after halting the six-day winning streak in which it had skyrocketed more than 4,200 points or 21 percent. The Hang Seng Index now sits just above the 22,730-point plateau and its tipped to open in the green again on Monday. The global forecast...
The Indonesia stock market has moved lower in three straight sessions, dropping nearly 150 points or 2 percent along the way. The Jakarta Composite Index now rests just beneath the 7,500-point plateau although it may stop the bleeding on Monday. The global forecast for the Asian markets is upbeat following the release of strong U.S....
The Thai stock market on Friday ended the two-day slide in which it had dropped more than 20 points or 1.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,445-point plateau and its tipped to see additional support on Monday. The global forecast for the Asian markets is upbeat following the release...
Fajar Surya Wasesa Tbk (FASW), a manufacturer of paper cup and packages, has signed a subsidiary loan facility agreement with PT Dayasa Aria Prima (DAP). Marco Hardy, Corporate Secretary of FASW, mentioned that DAP is one of the company’s subsidiaries with ownership portion of 99.9%. DAP is engaged in the paper manufacturing industry and started...
JAKARTA – Prinsip Management Limited (PML), Singapore, collected IDR 100.36 billion from divesting its shares inPT FAP Agri Tbk (FAPA). Ricky Tjandra, President Director of FAPA, mentioned that PML will divest 18.93 million shares for IDR 5,300 each last week (18/9). Post-transaction, its portion will shrink to 74.75% from 75.28% of total listed shares, or...
JAKARTA - Foreign investors increased their share buy transactions on Tuesday, September 24, resulting in a foreign purchase volume of 4.33 billion shares. Meanwhile, foreign sales totaled around 3.70 billion shares, which generated a net foreign surplus of 622.56 million shares. The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) had the greatest share acquisition,...
MDIF JAKARTA. PT Info Media Digital (IMD), a subsidiary of PT Tempo Inti Media Tbk (TMPO), has secured an investment financing facility of IDR 21.18 billion from Media Development Investment Fund (MDIF). The financing was received by IMD in the form of Convertible Performance Debenture (CPD). The bond has a maturity date set to December...