JAKARTA – Indonesia’s foreign exchange (forex) reserves as of October 2024 were recorded at USD 151.2 billion, up from USD 149.9 billion in September 2024. Ramdan Denny Prakoso, Executive Director of Bank Indonesia (BI), mentioned that current forex reserves are equivalent to the budget of 6.6 months of import, or 6.4 of import and the...
Triputra Agro Persada Tbk (TAPG), a palm and rubber plantation company, will distribute interim dividend of IDR 1.51 trillion or IDR 76 per share. Joni Tjeng, Corporate Secretary of TAPG, mentioned that the plan is in line with the decision made by the board of directors last month. “It had been approved by the board...
JAKARTA – PT Adi Sarana Armada Tbk (ASSA) will distribute interim dividend for the fiscal year 2024, which is its first interim dividend distribution since its debut in Indonesia Stock Exchange (IDX) in 2012. It is mentioned in the information disclosure quoted today (6/11), ASSA plans to distribute interim dividend of IDR 20 per share,...
Surya Citra Media Tbk (SCMA), a company managing several television channels in Indonesia, namely SCTV and Indosiar, will distribute interim dividend of IDR 5 per share, or a total of IDR 316.85 billion. Gilang Iskandar, Corporate Secretary of SCMA, mentioned that the plan is in line with the decision of the board of directors made...
JAKARTA - Net foreign volume on Tuesday, November 5, stayed in the green zone following the previous day, closing at 334.02 million shares. This number represents the difference between foreign buying volume (3.78 billion shares) and foreign selling volume (3.44 billion shares). The most purchased shares belonged to the digital company PT GoTo Gojek Tokopedia...
The unemployment rate in Australia came in at a seasonally adjusted 4.1 percent in October, the Australian Bureau of Statistics said on Thursday - unchanged from the previous month and in line with expectations. The Australian economy added 15,900 jobs, which missed forecasts for an increase of 25,200 jobs following the addition of 64,100 in...
The China stock market has alternated between positive and negative finishes through the last six trading days since the end of the two-day winning streak in which it had spiked more than 110 points or 3.3 percent. The Shanghai Composite now sits just beneath the 3,440-point plateau and it figures to see little movement on...
The Indonesia 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 plunged almost 250 points or 3.3 percent. The Jakarta Composite Index now rests just above the 7,300-point plateau and its likely to remain rangebound again on Thursday....
Asian stocks slipped into the red on Tuesday, with Chinese and Hong Kong markets leading losses, as investors await U.S. President-elect Trumps stance on the economy, immigration, foreign policy and more. Gold hovered near a one-month low on dollar strength amid expectations that U.S. interest rates will stay higher for longer. Oil extended declines for...
The U.S. dollar strengthened against other major currencies in the Asian session on Tuesday, as investors believed that they would benefit from the upcoming government of Donald Trump. Though the markets are optimistic that Trumps policies such as tax reductions and deregulation will help boost corporate earnings, they see an uptick in inflation amid proposed...