This sentiment echoed previous comments by CryptoQuant CEO Ki Young Ju, who noted that past post-halving rallies have typically started in the fourth quarter of each halving year. In the last #Bitcoin halving cycle, the bull rally began in Q4. Whales won't let Q4 be boring with a flat YoY performance. pic.twitter.com/LIWH53OpkD — Ki Young...
JAKARTA -PT Gunawan Dianjaya Steel Tbk (GDST) is optimistic of being able to score sales of IDR 2.5 trillion at the end of 2024, relatively stable compared to 2023 sales. In order to attain this target, the company will maintain export sales in Southeast Asia market. In the minutes of public expose quoted Friday (13/9),...
JAKARTA - On Wednesday, September 11, foreign investors sold a total of 2.72 billion shares. The foreign buying volume was just about 2.34 billion shares, therefore net foreign volume closed at -386.84 million shares. PT Buana Lintas Lautan Tbk (BULL), a domestic and foreign shipping services company, ranked first in terms of purchase volume with...
JAKARTA - On Wednesday, September 11, the selling of over 14.03 million shares of PT Panca Global Kapital Tbk (PEGE) by PT Anugerah Inti Karisma set the tone for the market hints. After this most recent transaction, the investors share portion of the issuers shares—which are in the securities trading intermediary sector—was reduced to 15.84%...
Putra Mandiri Jembar Tbk (PMJS), through its subsidiary, PT Dipo Internasional Pahala Otomotif (DIPO), has established a new subsidiary called PT Mitdi Teja Otomotif (MTO). Ie Putra, President Director of PMJS, said that several business lines to be handled by MTO is retail wholesale, as well as car and motorcycle reparation and maintenance. For MTO...
JAKARTA -PT Kedawung Setia Industrial Tbk (KDSI) is preparing to have a stock split with a ratio of 1:4, meaning that one old share will be divided into 4 shares with new value. Andi Subroto, Corporate Secretary of KDSI, said that this corporate action is meant to increase the number of circulating shares in the...
Indonesias central bank lowered its key interest rates unexpectedly on Wednesday to spur economic growth as inflation remains well within the target range amid strengthening rupiah exchange rate. The Board of Governors of Bank Indonesia, headed by Perry Warjiyo decided to cut the seven-day reverse repo rate by 25 basis points to 6.00 percent. This...
Indian shares gave up early gains to end modestly lower on Wednesday as investors waited for the U.S. Federal Reserves first cut to interest rates in more than four years. The odds of a super-sized Federal Reserve interest rate cut later in the day have diminished after data showed U.S. retail sales unexpectedly rose in...
Canadian stocks are likely to open on a subdued note Wednesday. The focus will be on the Federal Reserves monetary policy announcement, due later in the day. The Fed is widely expected to lower interest rates, but it is the size of reduction and the accompanying statement, which are in focus. In Canadian company news,...
The Malaysia stock market on Wednesday wrote a finish to the three-day winning streak in which it had gathered more than 25 points or 1.6 percent. The Kuala Lumpur Composite Index now rests just above the 1,660-point plateau and it may take further damage on Thursday. The global forecast for the Asian markets is negative...