KOSPI May Test Support At 2,800 Points

The South Korea stock market has tracked lower in two straight sessions, slumping more than 40 points or 1.4 percent along the way. The KOSPI now sits just beneath the 2,825-point plateau and it\'s expected to open under water again on Friday. The global forecast for the Asian markets is weak, with continued selling pressure...

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PNM Ventura Syariah eyes IDR 50 billion through sukuk issuance

2024-07-16 10:32:37 JAKARTA. PT Permodalan Nasional Madani Ventura Syariah (PNM Ventura Syariah) has issued Mid-Term Sukuk Mudharabah III Phase II Year 2024 with total principal of IDR 50 billion.  Said securities have been registered in Indonesia Central Securities Depository (KSEI) under code ISIN IDJ000032206. For the record, PNM Ventura Syariah is preparing floating profit-sharing yield...

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Bukalapak.com to place IDR 9.82 trillion in bonds and current accounts

JAKARTA. PT Bukalapak.com Tbk (BUKA), a former e-commerce start-up debuting on Indonesia Stock Exchange (IDX) in 2021, has allocated the remaining proceeds gained from Initial Public Offering (IPO) to several kinds of investment instruments. Approximately IDR 8.91 trillion of the remaining IPO proceeds of BUKA is placed in government bonds. Then, the remaining IDR 917.40...

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SWID secures loan facility of IDR 175 billion

itemscope itemtype=\"https://schema.org/ImageObject\" data-ratio=\"16:9\" style=\"background-image:url(\'https://photos.idnfinancials.com/d/1600x900/money-256312_1920.jpg&nc\');\"> BMRI - PT. Bank Mandiri (Persero) Tbk Rp 6.525 +125 (+1,95%) JAKARTA - PT Saraswati Indoland Development Tbk (SWID) obtains a loan facility worth IDR 175 billion from PT Bank Mandiri (Persero) Tbk (BMRI) yesterday (10/7). Said facility will be used for investment purposes to promote the company’s strategy. Agung Cucun Setiawan, Director of...

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European Stocks Close Higher

European stocks closed higher on Thursday with investors closely monitoring the developments on the political front in the region, and looking ahead to U.S. non-farm payroll data, due on Friday. Voting began across polling stations in the U.K., with polls predicting a historic win for the Labour party. Meanwhile, investors hope the far-right National Party...

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Canadian Market Modestly Higher In Lackluster Trade

Canadian stocks are moving in a tight range in lackluster trade on Thursday, with investors awaiting the data on U.S. non-farm payroll employment for directional clues. Communications, energy, consumer discretionary and utilities stocks are finding some support, while stocks from the rest of the sectors are turning in a mixed performance. The benchmark S&P/TSX Composite...

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