JAKARTA – PT Bank Tabungan Negara Tbk (BBTN) has concluded the purchase of two properties owned by PT Asuransi Jiwa IFG on December 31, 2024, with a total transaction value of IDR 15.9 billion. This acquisition aims to support BTN’s office relocation and expansion. Ramon Armando, Head of Corporate Secretary Division at BBTN, stated in...
JAKARTA – Shares of four out of 10 coal companies with a market capitalization above IDR 25 trillion have shown growth over the past year. Among these four companies, PT Golden Energy Mines Tbk (GEMS) posted the highest share performance growth. According to data compiled by IDN Financials on Monday (January 6), the four coal...
JAKARTA - Pemberton Asian Opportunities Fund is known to have increased its stake in PT Sarimelati Kencana Tbk (PZZA) in a transaction last week (3/1). With this transaction, Pemberton Asians share portion is more than 5% of all PZZA shares listed on the capital market. Based on the compiled by IDN Financials, Monday (6/1), Pemberton...
European stocks are likely to open on a mixed note Thursday as investors ponder the U.S. rate outlook and the impact of a new U.S. administration led by President-elect Donald Trump on the regional growth. After taking charge as the U.S. President on January 20, Donald Trump is likely to impose a 25 percent tariff...
The U.S. dollar weakened against most major currencies in the Asian session on Thursday. The U.S. dollar fell to a 2-day low of 1.0375 against the euro, from a recent 2-day high of 1.0346. Against the pound and the Swiss franc, the greenback slid to 2-day lows of 2-day lows of 1.2540 and 0.9044 from...
Chinas manufacturing sector expanded at a softer pace in December largely due to weaker foreign demand, survey results from S&P Global showed Wednesday. The Caixin manufacturing Purchasing Managers Index posted 50.5 in December, down from 51.5 in November. The score was expected to climb to 51.6. The survey showed that conditions in the manufacturing sector...
Final factory Purchasing Managers survey results from the euro area and the UK are the top economic news due on Wednesday. At 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to climb 3.8 percent on year in December, slightly faster than the 3.7 percent rise in November. At 3.15...
French stocks are down firmly in negative territory in late morning trades on Thursday, extending early losses after data showed a sharp decline in the nations manufacturing activity in the month of December. The benchmark CAC 40 was down 71.41 points or 0.97% at 7,309.33. Final data from S&P Global confirmed that the HCOB France...
After opening slightly up and advancing further, UK stocks pared gains Thursday morning and are mostly subdued a little before noon as investors react to data showing a sharp contraction in the nations manufacturing activity in the month of December. The UK markets benchmark FTSE 100 index, which advanced to 8,204.00 earlier in the session,...
UK house prices posted a faster-than-expected growth and ended 2024 on a strong footing, the Nationwide Building Society said Thursday. House prices grew 4.7 percent year-on-year in December, faster than the 3.7 percent increase in November and also came in stronger than economists forecast of 3.8 percent gain. At the same time, on a monthly...