JAKARTA. The stock price ofPT Alamtri Resources Indonesia Tbk (ADRO) saw significant decline of up to 44.53% within the past week, further driving the offloading trend from foreign investors. According to IDNFinancials data, ADRO was closed at IDR 2,080 per share at last Friday’s (29/11) closing bell. Another week prior, ADRO still managed to reach...
The Thai stock market on Monday halted the five-day losing streak in which it had stumbled almost 20 points or 1.1 percent. The Stock Exchange of Thailand now sits just beneath the 1,440-point plateau and its expected to extend its gains on Tuesday. The global forecast for the Asian markets suggests mild upside, supported by...
German stocks traded higher on Tuesday despite the recent negative economic readings and political instability in the country, The benchmark DAX was up 70 points, or 0.4 percent, at 20,003 after rallying 1.6 percent to hit a new record high for the second day running the previous day. The euro slipped amid concerns over potential...
French stocks were sharply higher on Tuesday despite Prime Minister Michel Barnier bracing for a no-confidence vote this week over a budget dispute. After Barnier invoked a rarely used constitutional mechanism to push through the contentious 2025 budget without parliamentary approval, Marine Le Pens far-right National Rally and the leftist New Popular Front both have...
U.K. stocks traded higher on Tuesday as higher commodity prices lifted mining and energy stocks. The benchmark FTSE 100 was up 46 points, or 0.6 percent, at 8,358 after adding 0.3 percent on Monday. Miners Anglo American, Antofagasta and Glencore rallied 1-2 percent as commodity prices held an upward trend amid U.S. President-elect Donald Trumps...
European stocks were moving higher on Tuesday, with mining, energy and technology stocks rising after new U.S. curbs on tech exports to China fell short of earlier proposals. Investors also kept a close eye on the latest political developments in France as Prime Minister Michel Barnier braced for a no-confidence vote this week over a...
Indian shares rose for a third straight session on Tuesday, with firm global cues lending support after a top Federal Reserve official said that he is leaning toward supporting an interest rate cut when the Fed meets later this month. Investor sentiment was also boosted after new U.S. curbs on tech exports to China fell...
Tesla Inc. Chief Executive Officer Elon Musks $56 billion pay package, which was approved by its shareholders, has been rejected by a Judge for the second time, noting that the compensation plan was improperly granted. Meanwhile, Tesla said the courts decision is wrong, and that the electric vehicle maker is going to appeal. Delaware judge...
Canadian shares are likely to open on a positive note on Tuesday, reacting to firm crude oil and metal prices, and on Bank of Nova Scotias strong quarterly earnings. Bank of Nova Scotia (BNS.TO) reported a net income of $1,689 million for the fourth quarter ended October 31, 2024, compared to $1,354 million in the...
French drug major Sanofi plans to invest around 1 billion euros or about $1.05 billion to build a new insulin manufacturing base in Beijing, China, reports said. The move represents Sanofis single largest investment in China so far, where it has been present for more than 40 years. The investment will boost the manufacturing of...
