JAKARTA - PT Bursa Efek Indonesia (BEI) recorded 10 most expensive stocks at the closing bell last Friday (18/10). The upper range reached IDR 46,000 per share, and the lowest only arrived at slightly over IDR 14,000 per share. Based on IDNFinancials data today (21/10), some of these priciest stocks came from different industries, including...
JAKARTA -PT Sarana Menara Nusantara Tbk (TOWR)is aiming for IDR 4.5 trillion of fresh funds by holding a rights issue, the proceeds of which will be allocated to refinance its subsidiary’s obligation. This corporate action plan will require an approval during Extraordinary General Meeting of Shareholders on October 25, 2024. In the issued prospectus quoted...
BEIJING - Li Auto Inc . (NASDAQ: NASDAQ:LI), a leader in China\'s new energy vehicle market, reported robust financial results for the fourth quarter ended December 31, 2023, with revenue soaring to RMB41.73 billion ($5.88 billion), exceeding the consensus estimate of RMB39.8 billion. The company\'s adjusted earnings per share (EPS) for the quarter stood at...
Image by Jimmy Aki, MidjourneyOn February 21, popular Bitcoin maximalist Fred Krueger issued a warning about the world’s first-ever smart contract network, Ethereum. In a post on X (formerly Twitter), Krueger stated that Ethereum is rapidly losing its essence with growing competition in decentralized finance (DeFi). Ethereum Is An Overvalued Shiba Inu According to the...
JAKARTA -PT Venteny Fortuna International Tbk (VTNY)will expand its branch office to Eastern Indonesia, pursuing the opportunity in financing for micro, small, and medium enterprises (MSMEs). Damar Raditya, Group Chief Operating Officer (COO) of VTNY, mentioned that the company is still focusing in exploring the market in Indonesia, as MSME potentials are quite extensive, particularly...
The Canadian market ended lower on Wednesday as energy and materials shares reeled under selling pressure as oil and metal prices fell. Concerns about the outlook for interest rates weighed as well on sentiment. Data showing an unexpected increase in U.S. crude inventories in the week ended May 17th weighed on oil prices, and gold...
The crypto market capitalization is up 4% over the past 24 hours. At the time of writing, it stands at $2.544 trillion, according to CoinGecko. Most of the top 100 coins by market capitalization have appreciated in the past day. At the same time, all top ten coins are green, according to CoinGecko. Dogecoin (DOGE)...
The Russian crypto mining industry could be set for a $4 billion boost, representatives claimed at a media event in Irkutsk, Siberia. Per the media outlet SIA, however, the sector cannot expand if Moscow approves plans to impose prohibitive new tariffs on crypto miners. Russia Crypto Mining Industry: Ready to Invest in New Facilities? The...
The U.S. dollar advanced against its most major counterparts in the New York session on Thursday, as lower-than-expected jobless claims helped ease concerns about a potential recession. Data from the Labor Department showed that initial jobless claims fell to 233,000, a decrease of 17,000 from the previous weeks revised level of to 250,000. Economists had...
Canadian inflation data for the month of August is set to determine the mood on Bay Street Tuesday morning. The focus will also be on the Federal Reserves monetary policy meeting that gets underway today. The Fed is expected to lower interest rate, but it is the size of reduction, and the post meeting statement...