European stocks ended higher on Friday with investors cheering upbeat U.S. jobs data. Geopolitical tensions persisted, but that did not deter investors from picking up several frontline stocks. In addition to reacting to U.S. jobs data and following geopolitical news, investors also digested a slew of economic data from the European region. The pan European...
U.S. stocks rallied on Friday, lifting the major averages to a firm close, as upbeat non-farm payroll data helped offset concerns about Middle East tensions and prompted investors to indulge in some brisk buying at several counters from across various sectors. The Dow settled at a fresh record high at 42,352.75, gaining 341.16 points or...
The U.S. dollar moved up on Friday as prospects of aggressive rate cuts by the Federal Reserve in its upcoming meeting faded after data from the Labor Department showed a much bigger than addition of jobs in non-farm payroll employment in September. Data from the Labor Department showed that non-farm payroll employment jumped by 254,000...
Adira Dinamika Multifinance Tbk (ADMF), a consumer financing company under PT Bank Danamon Indonesia Tbk (BDMN), plans to issue Shelf-Registration Bond VI Phase IV Year 2024 with total principal of IDR 2 trillion. Said security is a part of a more extensive public offering program of Shelf-Registration Bond VI of ADMF with total fund to...
JAKARTA – Financial Services Authority (OJK) revokes the license of Sharia Unit of PT Asuransi Allianz Life Indonesia (AALI) following the spin-off. The sharia unit will then be transferred to PT Asuransi Allianz Life Syariah Indonesia (AALSI). In the information disclosure quoted Thursday (26/9), Asep Iskandar, Chief of Department of License, Special Inspection, and Quality...
JAKARTA. PT Tandan Sawit Papua (TSP), one of many subsidiaries ofPT Eagle High Plantations Tbk (BWPT), has obtained a loan facility of IDR 382 billion from an affiliate. The loan facility is acquired from PT Jaya Mandiri Sukses (JMS), another subsidiary of BWPT with ownership portion of 95%. In the official statement, the management of...
JAKARTA - On Monday, September 23, stock buying and selling activity generated significantly different foreign purchasing and selling volumes. The foreign buying volume was 4.16 billion shares, while the foreign selling volume was more than double that at 8.60 billion shares. As a result, net foreign volume closed at -4.43 billion shares. The first shares...
JAKARTA - On Friday, September 20, PT Majukarya Mandiri Indonesia once again released its shares in the oil and gas tanker company PT Buana Lintas Lautan Tbk (BULL). This investor previously held 5.66% of the shares, but the latest sale of 83.58 million shares has reduced its share portion to 5.07%. Along with three other...
The Canadian market posted new record intraday and closing highs on Friday as technology and energy stocks rallied on sustained buying support. Upbeat jobs data from the U.S., and a strong reading of Canadas Ivey Purchasing Managers Index helped underpin sentiment. The benchmark S&P/TSX Composite Index climbed to a new high of 24,179.28 and settled...
The total number of building permits issued in Australia was down a seasonally adjusted 6.1 percent on month in August, the Australian Bureau of Statistics said on Tuesday said on Tuesday - coming in at 13,991 consents. That missed forecasts for a decline of 4.3 percent following the upwardly revised 11.0 percent spike in July...