The Canadian market is down firmly in negative territory Thursday afternoon, with stocks from across several sectors reeling under sustained selling pressure, amid concerns the U.S. interest rates will remain higher for a longer time. The benchmark S&P/TSX Composite Index was up 175.75 points or 0.79% at 22,171.01 a little while ago. Materials, utilities, healthcare...
JAKARTA – Massive promotion of processed tobacco products is deemed insignificant in boosting sales of PT Gudang Garam Tbk (GGRM), according to Heru Budiman, Director of GGRM, during Public Expose Live 2024 via Zoom today (29/8). “Our marketing strategy is emphasised on distribution, ensuring tobacco products’ availability in all selling points,” added Budiman. According to...
Coursera, Inc. (NYSE:COUR) has reported a recent transaction involving one of its top executives. Michele M. Meyers, the company\'s VP, Accounting, and Chief Accounting Officer, sold shares in the company while also acquiring new shares through a restricted stock unit award. On March 20, 2024, Meyers sold a total of 2,880 shares of Coursera common...
JAKARTA – Jakarta Stock Price Composite Index (JCI) climbed up at today’s opening bell (23/8). The index was seemingly recovering from sluggish trend it recorded yesterday, which was partly due to mass protest outside DPR demanding the cancellation of revised Regional Election (Pilkada) Bill. Monitoring the board, JCI was seen at 7,543.48 at 9.05 AM...
China lowered its short-term policy rate as well as benchmark lending rates on Monday, in order to prop up growth. The People\'s Bank of China cut the interest rate on seven-day reverse repos to 1.7 percent from 1.8 percent. The action was aimed to strengthen counter-cyclical adjustments to better support the real economy, the central...
The Taiwan stock market has moved lower in back-to-back sessions, stumbling almost 275 points or 1.4 percent along the way. The Taiwan Stock Exchange now sits just above the 20,220-point plateau although it may stop the bleeding on Friday. The global forecast for the Asian markets is upbeat on an improved outlook for interest rates....
UK house prices increased for the first time in two years in September as expectations about future interest rate cuts lifted housing market activity, survey data published by Royal Institution of Chartered Surveyors, or RICS, showed Thursday. The house price balance rose to 16 percent in September from a flat result in August. The balance...
The Indonesia stock market on Monday snapped the three-day losing streak in which it had stumbled nearly 150 points or 2 percent. The Jakarta Composite Index now rests just above the 7,500-point plateau although its tipped to open in the red on Tuesday. The global forecast for the Asian markets is soft, ahead of key...
JAKARTA – Financial Services Authority (OJK) is currently investigating two Barito Group companies, PT Barito Renewables Energy Tbk (BREN)andPT Petrindo Jaya Kreasi Tbk (CUAN), regarding false trading allegation in the stock market. This announcement is issued by Inarno Djajadi, Chief Executive of Capital Market, Financial Derivative, and Carbon Exchange Supervision of OJK, through a press...
Cathie Wood\'s ARK ETFs made significant moves in the market on Monday, 25 March 2024, with a series of buys and sells that indicate a strategic adjustment to their investment portfolio. The trades were led by a hefty purchase of Tesla (NASDAQ:TSLA) shares and a notable acquisition of Roblox Corp (NYSE:RBLX), while large quantities of...