Shares of UBS Group AG were gaining around 3 percent in the morning trading in Switzerland as well as in pre-market activity on the NYSE after the Swiss banking major reported Wednesday significant growth in second-quarter underlying profit before tax as revenues were benefited mainly by the consolidation of Credit Suisse revenues for the full...
The Switzerland market ended slightly up on Monday after moving in a tight range above the flat line right through the days session. Investors appeared a bit reluctant to make significant moves while awaiting some crucial economic data including reports on UK and US inflation, and GDP data from several countries. The benchmark SMI ended...
The U.S. dollar turned in a mixed performance on Monday as investors awaited key economic data including reports on U.S. inflation and GDP this week. The Labor Department is scheduled to release reports on producer and consumer price inflation on Tuesday and Wednesday, respectively, with the data likely to impact the outlook for interest rates....
The Canadian market ended on a positive note on Monday as firm oil and metal prices triggered strong buying in energy and materials sectors. The mood in the market remained somewhat cautious with investors awaiting some key U.S. and Canadian economic data for directional cues. The benchmark S&P/TSX Composite Index ended up 87.63 points or...
Adding to the gains in the previous session, the Japanese stock market is sharply higher in post-holiday trading on Tuesday. The Nikkei 225 is surging more than 2.5 percent to above the 35,900 level, following the mixed cues from Wall Street overnight, with strong gains across all the sectors led by index heavyweights and technology...
Indian shares are likely to open lower on Tuesday as investors react to mixed global cues and key inflation and industrial output data released after market hours on Monday. Indias retail inflation slowed in July to 3.54 percent, its lowest in nearly five years as food prices eased from previous highs due to a base...
JAKARTA -PT Multipolar Technology Tbk (MLPT) will distribute interim dividend for the fiscal year 2024 of IDR 206.25 billion. The allocation had been decided by the board of directors, and approved by the board of commissioners, yesterday (12/8). Wiriawaty Chandra, Corporate Secretary Officer of MLPT, confirmed that the interim dividend is set to IDR 110...
JAKARTA – The net profit of PT Sumber Global Energy Tbk (SGER) was seen declining 21.73% year-on-year (yoy) in the first half (H1) of 2024 despite its 24.36% yoy growth in revenue. This profit slippage occurred due to increased cost of revenue. Based on Financial Report of H1 2024 quoted Tuesday 923/8), this issuer’s revenue...
Citra Marga Nusaphala Persada Tbk (CMNP), a toll road company, has acquired a sharia financing facility from PT Sarana Multi Infrastruktur (Persero). Hasyim, Independent Director of CMNP, said that this financing facility will be used to develop Ancol Timur – Pluit (Elevated) Toll Road / Harbour Road II. The limit set for this facility is...
Murni Sadar Tbk (MTMH), the managing company of Murni Teguh Hospital, has acquired PT Gamaliel Elia Tua (GET), a company engaged in the wholesale of laboratory and pharmaceutical equipment. The acquisition of GET is carried out by MTMH with transaction value of IDR 800 million. In the meantime, MTMH also grants extra capital to GET...