The U.S. Dollar firmed against most of its major counterparts on Tuesday after data showed a bigger than expected increase in retail sales in the month of November. Investors also looked ahead to the Federal Reserves monetary policy announcement, due on Wednesday. The Fed is widely expected to lower rates by another quarter point. The...
The Canadian market extended its losing streak on Tuesday although the downside was just marginal thanks to investors picking up several stocks from technology, healthcare and real estate sectors. The market digested the nations consumer price inflation data and looked ahead to the U.S. Federal Reserves monetary policy announcement on Wednesday. The benchmark S&P/TSX Composite...
The South Korea stock market has tracked lower in two straight sessions, sinking almost 40 points or 1.4 percent along the way. The KOSPI now rests just shy of the 2,460-point plateau and its likely to open under pressure again on Wednesday The global forecast for the Asian markets is soft ahead of the FOMCs...
JAKARTA - Bank Indonesia (BI) maintains BI-rate at 6%, deposit facility rate at 5.25%, and lending facility at 6.75%. The decision was recently made following BI Board of Governor Meeting held for two days, December 17 to 18. Quoted in a press release issued today (18/12), Perry Warijyo, Governor of BI, said that the focus...
JAKARTA - Barokah Melayu Food Pte Ltd (BMF) will boost its portion to 50.10% inPT Champ Resto Indonesia Tbk (ENAK) from 42.46% through a voluntary tender starting from Thursday (19/12) until January 17, 2025. In the short prospectus quoted Wednesday (18/12), BMF will increase the portion by 7.63%, or 165.50 million shares, from ENAK with...
JAKARTA -PT Astrindo Nusantara Infrastruktur Tbk (BIPI) recorded net foreign of 129.48 million shares until today’s (18/12) closing. The record places BIPI at the top of net foreign leaderboard for two consecutive days in Indonesia Stock Exchange (IDX). Based on IDNFinancials data, BIPI booked foreign buy and foreign sell of 132.78 million and 3.30 million...
JAKARTA - On Wednesday, December 18, foreign transactions displayed a decreasing trend, with 2.13 billion shares bought and 2.90 billion shares sold. As a result, net foreign volume closed at -387.64 million shares. Aside from that, the sell value being higher than the purchase value means that the net foreign value was closed in a...
JAKARTA - PT Petrosea Tbk’s (PTRO) price was corrected this morning after securing approval from shareholders regarding stock split plan with 1:10 ratio yesterday (16/12). Tuesday morning (17/12), PTRO opened at IDR 25,725 per share, before slipping to IDR 25,625 per share at 11 AM WIB. Based on data compiled by IDNFinancials, PTRO had been...
New Zealand posted a seasonally adjusted current account deficit of NZ$6.2 billion in the third quarter of 2024, Statistics New Zealand said on Wednesday. In the third quarter, the goods deficit narrowed to NZ$1.9 billion and the services deficit narrowed to NZ$397 million. The primary income deficit narrowed to NZ$3.5 billion and the financial account...
The Japanese stock market has finished lower in three straight sessions, declining almost 500 points or 1.3 percent in that span. The Nikkei 225 now rests just above the 39,360-point plateau and it may take further damage again on Wednesday. The global forecast for the Asian markets is soft ahead of the FOMCs interest rate...