JAKARTA -PT Maharaksa Biru Energi Tbk (OASA) posted net foreign buy of 67.02 million shares at the closing today (3/1), putting this company at the top of net foreign leaderboard in the market. Based on IDNFinancials data, OASA booked foreign buy and sell 68.48 million and 1.45 million shares today. The realisation of net buy...
JAKARTA – Jakarta Stock Price Composite Index (JCI) saw gains at the morning session of the first trading day in 2025. JCI’s uptrend is in line with positive shifts by several big market capitalisation companies in the energy and banking sectors. Monitoring the board this morning (2/1), JCI climbed to 7,110 from 7,092.43 seen at...
JAKARTA – PT Raharja Energi Cepu Tbk (RATU), the soon-to-be oil and gas mining issuer directly under PT Rukun Raharja Tbk (RAJA), has set the initial public offering (IPO) price to the upper range, of IDR 1,150 per share. It is known that RATU will offer 543.01 million shares, equal to 20% of total issued...
JAKARTA - PT Krakatau Steel (Persero) Tbk (KRAS) is open to the opportunity to debut its subsidiary in Indonesia Stock Exchange (IDX). President Director of Krakatau Steel, Muhammad Akbar, in a virtual press conference, last Tuesday (31/12), confirmed that the company is currently reviewing the potential of its subsidiary conducting an IPO to generate added...
The Canadian market ended on a firm note on Tuesday, the final session of 2024, as energy and materials stocks moved higher on firm commodity prices. Shares from real estate and communications sectors were the other notable gainers in the session. Amid a lack of economic data and corporate news, trading volumes were thin and...
South Korea will on Monday release November numbers for industrial production and retail sales, highlighting a light day for Asia-Pacific economic activity. Industrial output is expected to slip 0.4 percent on month and rise 0.4 percent on year following the flat monthly reading and the 6.3 percent jump in October. Retail sales were down 0.4...
The South Korea stock market has moved lower in three straight sessions, surrendering almost 40 points or 1.7 percent along the way. The KOSPI now rests just above the 2,400-point plateau and its likely to take further damage again on Monday. The global forecast for the Asian markets is mixed to lower in this holiday-shortened...
Indian shares were subdued on Monday after U.S. equities fell sharply on Friday, dragged down by technology stocks amid rising global uncertainties and caution ahead of the year-end holiday season. The benchmark S&P/BSE Sensex was down 252 points, or 0.3 percent, at 78,447 in early trade while the broader NSE Nifty index dropped by 84...
The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, as the crude oil prices climbed higher after data showed a sharp drop in U.S. crude inventories in the week ended December 20th. The ongoing conflict between Russia and Ukraine, and expectations...
European stocks are seen opening on a mixed note Monday as the year-end approaches. This week ushers in a light period for economic data and corporate earnings, with regional and U.S. markets closed Wednesday in observance of New Years Day. The U.S. economic calendar remains light this week, with updates on housing prices and sales,...