After reporting a sharp increase by its reading on regional manufacturing activity in the previous month, the Federal Reserve Bank of New York released a report on Monday showing a sharp pullback by the index in the month of December. The New York Fed said its general business conditions index plummeted to 0.2 in December...
Singapore will on Tuesday release November numbers for non-oil domestic exports, highlighting a light day for Asia-Pacific economic activity. In October, NODX was down 7.4 percent on month and 4.6 percent on year, with a trade surplus of SGD4.410 billion. Hong Kong will see November figures for unemployment; in October, the jobless rate was 3.1...
The South Korea stock market on Monday snapped the four-day winning streak in which it had spiked more than 130 points or 5.5 percent. The KOSPI now sits just beneath the 2,490-point plateau although its expected to bounce higher again on Tuesday. The global forecast for the Asian markets is mixed to higher, with strong...
The Canadian market closed weak on Monday, extending losses to a third straight session as weak oil and gold prices weighed on energy and materials stocks. Communications shares were the other major losers. The mood was cautious as investors awaited the Federal Reserves monetary policy announcement, and a slew of key economic data, including reports...
The Japanese stock market has tracked lower in back-to-back sessions, slumping almost 400 points or 1 percent along the way. The Nikkei 225 now sits just beneath the 39,460-point plateau although it may stop the bleeding on Tuesday. The global forecast for the Asian markets is mixed to higher, with strong support expected from the...
JAKARTA - On Monday, December 16, foreign investors bought 4.84 billion shares from 946 issuers. On the other side, 3.55 billion shares were sold, yielding a net foreign volume excess of 1.29 billion shares. With a purchase volume of 3.23 billion shares and a net volume of 1.44 billion shares, the digital company PT GoTo...
JAKARTA – PT Lautan Luas Tbk (LTLS) reported a remarkable 120% year-on-year (yoy) increase in net profit attributable to the parent company, reaching IDR 183 billion as of September 2024. According to LTLSs Q3 2024 financial report, this significant profit surge was driven by a 6.38% yoy rise in revenue, which reached IDR 5.73 trillion....
JAKARTA. PT Bangun Kosambi Sukses Tbk (CBDK), a subsidiary ofPT Pantai Indah Kapuk Dua Tbk (PANI), plans an initial public offering (IPO). CBDK is said to offer 566.89 million shares in IPO, which are equal to 10% of issued and paid-up capital. The company also set the price range for the bookbuilding of the shares...
JAKARTA — PT Indofarma Tbk (INAF) is reportedly planning to divest over 50% of company assets, according to the report received by IDNFinancials from Indonesia Stock Exchange (IDX) last Thursday (12/12). Referring to the Financial Report of Q3 2024, Indofarma was seen recording total assets of IDR 758 billion, with non-current assets dominating the portion...
JAKARTA - Amir Sunarko purchased approximately 332.44 million shares ofPT SLJ Global Tbk (SULI)via PT Binaartha Sekuritas on Thursday, December 5. This most recent individual investor then swiftly acquired 5.61% of the forestry and logging companys shares. Foreign investors also appeared to be interested in adding shares. In order to round up its share portion...