JAKARTA. Jakarta Stock Price Composite Index (JCI) was closed 0.62% or 43.33 points higher at 7,079.90 on this last day of transaction in 2024. This gain today (30/12) extended the uptrend last week. As informed by IDNFinancials before, JCI saw 0.75% or 52.71-points growth to 7,036.57 over the course of last week’s session. Transaction volume...
JAKARTA - PT Intikeramik Alamasri Industri Tbk (IKAI) is allocating capital expenditure (capex) of IDR 40 billion for 2025. Head of Finance and Accounting of IKAI, Tommy Atmojo, mentioned that most of 2025 capex will be allocated for manufacturing process. “For the capex next year, we set the budget to IDR 40 billion, for the...
JAKARTA - PT Teknologi Karya Digital Nusa Tbk (TRON) reveals its strategic measures to face 2025 challenges. Director of TRON, Wendy Jolanda Waas, during the Public Expose yesterday (30/12), stated that, “TRON is committed to boost competitiveness by optimising out existing users. Innovative solutions will be prepared to meet current customers’ needs.” The company will...
JAKARTA – Shareholders agreed upon the plan ofPT Modernland Realty Tbk (MDLN) of submitting guarantee of over 50% of total company assets for loan collateral. The plan was once postponed as they failed to secure unanimous decision from its shareholders. Based on the information disclosure quoted Tuesday (31/12), however, Yahya Danu Kusumo Pate, Corporate Secretary...
JAKARTA - PT Indocement Tunggal Prakarsa Tbk (INTP) has concluded its shares buyback program, spending IDR 565.05 billion through the process. In this corporate action, the company managed to repurchase 81.09 million shares for IDR 6.967 on average each. The buyback is equal to 2.20% of its total shares listed on Indonesia Stock Exchange (IDX)...
The Singapore stock market bounced higher again on Friday, one session after ending the two-day winning streak in which it had collected more than 50 points or 1.3 percent. The Straits Times Index new rests just above the 3,770-point plateau although its likely to see renewed selling pressure on Monday. The global forecast for the...
The manufacturing sector in Japan continued to contract in December, albeit at a slower pace, the latest survey from Jibun Bank revealed on Monday with a manufacturing PMI score of 49.6. Thats up from 49.0 in November, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction. Latest data showed there...
The Hong Kong stock market on Friday snapped the two-day winning streak in which it had advanced more than 360 points or 1.8 percent. The Hang Seng Index now sits just above the 20,090-point plateau, and the losses are likely to accelerate on Monday. The global forecast for the Asian markets is mixed to lower...
The Thai stock market bounced higher again on Friday, one day after ending the three-day winning streak in which it had advanced more than 35 points or 2.5 percent. The Thai stock market now rests just above the 1,400-point plateau, although its likely to slip back beneath that support again on Monday. The global forecast...
Arbitrum developers have initiated a buyback program for ARB tokens to reinforce its ecosystem and ensure long-term sustainability.The Layer 2 protocol is also preparing for an unlock event on March 16, during which 96.25 million ARB tokens will be distributed as part of its long-term tokenomics plan. On March 11, the development team behind Arbitrum,...