BUMI and BRMS lead top Net Buy list

JAKARTA – PT Bumi Resources Tbk (BUMI)andPT Bumi Resources Minerals Tbk (BRMS) secured the top positions in net foreign buy transactions during stock trading on Thursday (9/1). According to data compiled by IDNFinancials, BUMI recorded a net foreign buy of 117.96 million shares, with foreign purchases amounting to 167.13 million shares and foreign sales reaching...

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Foreign investors continue to sell billions of GOTO shares; net sell recorded 456 million shares

JAKARTA – Foreign investor stock transactions ended Thursday, January 9, with a net sell of 456 million shares. Foreigners purchased almost 2.64 billion shares, while over 3.10 billion shares were sold. With 745.71 million shares, PT GOTO Gojek Tokopedia Tbk (GOTO), the parent company of digital services, had the greatest net sell of the day....

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Closing down marketplace, Bukalapak to shift to digital services

JAKARTA –PT Bukalapak.com Tbk (BUKA) announced the closure of its marketplace on Tuesday (7/1), as part of a broader business transformation strategy. In an official statement, Bukalapaks management confirmed that electronic products, gadgets, fashion items, and other physical goods will no longer be available on Bukalapak.com. Going forward, the company will focus on selling virtual...

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Asian Shares Mixed In Cautious Trade

Asian stocks ended flat to lower on Monday, though Seoul stocks rallied after a court dismissed an appeal by lawyers of Yoon Suk Yeol against an arrest warrant for the impeached president. Japanese markets led declines due to profit taking following the Nikkei stock indexs record year-end close. Chinese and Hong Kong markets ended on...

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Sensex, Nifty Plunge On HMPV Virus Concerns

Indian shares tumbled on Monday, with selling seen across the board as a stronger dollar and elevated U.S. bond yields added to concerns over continued foreign fund outflows. Caution ahead of the Q3 earnings season and reports of a new virus outbreak in China also weighed on markets. The Indian government has confirmed two cases...

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