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Majukarya Mandiri sells 97 million Buana Lintas Lautan (BULL) shares

JAKARTA - PT Majukarya Mandiri Indonesia released97 million shares of PTBuana Lintas Lautan Tbk(BULL), the oil and gas tanker company,on Tuesday, September 17. Afterselling its shares through PT Henan Putihrai Sekuritas and three other securities, this investor immediately decreased its ownership from 5.95% to 5.26%. Remaining in the oil and gas industry, PT Shima Global...

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China Stock Market Overdue For Profit Taking

The China stock market has tracked higher in seven straight sessions, advancing more than 280 points or 10.6 percent along the way. The Shanghai Composite now sits just above the 3,000-point plateau although investors figure to lock in gains on Friday. The global forecast for the Asian markets is positive on continued optimism over the...

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Singapore Bourse Tipped To End Losing Streak

The Singapore stock market has finished lower in three straight sessions, slumping more than 55 points or 1.5 percent along the way. The Straits Times Index now sits just above the 3,580-point plateau although it may stop the bleeding on Friday. The global forecast for the Asian markets is positive on continued optimism over the...

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