The Singapore stock market on Wednesday snapped the seven-day winning streak in which it had surged more than 140 points or 3.9 percent. The Straits Times Index now sits just above the 3,590-point plateau and the losses may accelerate on Thursday. The global forecast for the Asian markets is negative after the Federal Reserve announced...
The Taiwan stock market on Wednesday halted the three-day winning streak in which it had rallied more than 810 points or 3.9 percent. The Taiwan Stock Exchange now sits just beneath the 21,680-point plateau and its likely to open in the red again on Thursday. The global forecast for the Asian markets is negative after...
The China stock market on Wednesday ended the three-day losing streak in which it had stumbled more than 40 points or 1.5 percent. The Shanghai Composite now sits just above the 2,715-point plateau although it may head south again on Thursday. The global forecast for the Asian markets is negative after the Federal Reserve announced...
Ahead of Wednesdays holiday for the Mid-Autumn Festival, the Hong Kong stock market had moved higher in four straight sessions, collecting more than 550 points or 3.2 percent along the way. The Hang Seng Index now sits just above the 17,660-point plateau although investors may lock in gains on Thursday. The global forecast for the...
The Indonesia stock market on Wednesday ended the three-day winning streak in which it had advanced more than 80 points or 1 percent. The Jakarta Composite Index now rests just beneath the 7,830-point plateau and its looking at a soft start again on Thursday. The global forecast for the Asian markets is negative after the...
JAKARTA -PT Mandiri Herindo Adiperkasa Tbk (MAHA) is allocating IDR 200 billion in order to repurchase shares (buyback) of a maximum 20% of its paid-up capital. This corporate action will be held for one year, starting from October 23, 2024, to October 22, 2025. Irvan Darwin, Corporate Secretary of MAHA, mentioned that the plan will...
JAKARTA. The Indonesian government will hold another round of auction of Government Securities (lit. Surat Utang Negara/SUN) next Tuesday (17/9) with an indicative target set to IDR 22 trillion. There were 7 series of SUN offered in the auction, consisting of 2 series of Government Treasury Notes (lit. Surat Perbendaharaan Negara/SPN) and 5 series of...
JAKARTA – The net profit ofPT Garuda Maintenance Facility Aero Asia Tbk (GMFI) soared 556.19% year-on-year (yoy) in the first half (H1) of 2024 compared to the same period in 2023. The surge aligns with 30.12% yoy growth in revenue in H1 2024. Based on Financial Report of H1 2024 quoted Friday (13/9), its revenue...
JAKARTA - The controlling shareholder,PT Goldman Investindo Sedaya,sold 400 million shares of PT Indo Boga Sukses Tbk (IBOS), an issuer in the food and beverage industry, on Friday, September 6. The sale transaction reduced this investors shareholding to 50.83% from approximately 55.79% previously. Also, PT Trust Sekuritas was designated to handle the transaction. Furthermore, foreign...
JAKARTA - On Monday, September 9, foreign share purchase transactions increased and resulted in a foreign purchase volume of 2.46 billion shares. Meanwhile, foreign sales volume stood at 2.39 billion shares. As a result, the net foreign sales volume ended at 70.28 million shares. The biggest contributor to the increase in foreign buying volume was...