Asian stocks turned in a mixed performance on Monday after the latest U.S. jobs report sent mixed signals about the state of the world\'s largest economy. While a stronger yen pressured Japanese stocks, encouraging inflation data helped spur buying in mainland Chinese and Hong Kong. A weaker dollar helped lift gold prices to another record...
Bank Pan Indonesia Tbk (PNBN) modifies the schedule of the issuance of Shelf-Registration Bond IV Phase II Year 2024 with total principal worth IDR 3.91 trllion. Initially, it was announced that the public offering of the bond would take place from September 25 to October 1, 2024. However, last Friday (27/9), PNBN changed the date,...
-- Heavyweight Asian technology stocks, particularly those with exposure to the artificial intelligence sector, fell on Tuesday, tracking aftermarket losses in market darling Nvidia after it unveiled its new line of AI chips. NVIDIA Corporation (NASDAQ:NVDA) unveiled its latest and most powerful line of AI chips, called Blackwell, at its annual developer conference on Monday....
European stocks look set to open a tad lower on Friday as mixed Chinese data released earlier today coupled with the lack of concrete stimulus details stirred concerns about the countrys economic trajectory. Data showed today that Chinas economy grew 4.6 percent in Q3, slowing from 4.7 percent annual growth in the previous quarter and...
Blue Bird Tbk (BIRD), a transportation and logistics company with the highest market capitalisation in Indonesia booked net profit of IDR 263.01 billion in the first half (H1) of 2024. BIRD’s net profit in H1 2024 increased 1.4% year-on-year (yoy) from the same period last year, in which the company scored net profit of IDR...
The Super Sushi Samurai (SSS) game experienced a catastrophic security breach, resulting in a 99.9% drop in its token value. A double-spending glitch was exploited within the game, leading to unauthorized withdrawals totaling $4.8 million from its liquidity pools. This vulnerability, identified in the project’s smart contracts, allowed users to manipulate their token balances. We...
Indian shares ended slightly lower on Friday as TCS Q2 earnings failed to impress markets. A nearly 4 percent surge in oil prices overnight due to heightened Middle East tensions and muted cues from global markets also weighed on sentiment, heading into the weekend. The benchmark 30-share BSE Sensex ended the session down 230.05 points,...
JAKARTA - Two constituents in the 52 High Dividend Index in the vehicle spare parts industry, PT Astra Otoparts Tbk (AUTO) and PT Selamat Sempurna Tbk (SMSM) pocketed dividend yield growth in 2022 to 2023. However, AUTO pocketed significant growth in the last two years. Based on IDNFinancials’ data compiled on Thursday (22/8), AUTO scored...
Reversing the gains in the previous three sessions, the Japanese stock market is sharply lower in on Friday, following the mixed cues from Wall Street overnight. The benchmark Nikkei 225 is retracting from all-time highs to plunge 2 percent to below the 41,400 level, with weakness across most sectors led by index heavyweights, exporters and...
-- J.P. Morgan analysts encouraged investors to adopt a defensive stance towards stock markets, citing \"early signs of exhaustion” in a recent risk-on rally and the growing risk of a sharp correction in equities. While analysts noted that investor optimism remained high over a “better-than-goldilocks” outcome for the economy, market positioning now appeared skewed towards...