The South Korea stock market has moved higher in back-to-back sessions, improving more than 80 points or 3.3 percent along the way. The KOSPI now sits just above the 2,440-point plateau and it may add to its winnings again on Thursday. The global forecast for the Asian markets is upbeat on improved optimism about the...
The Japanese stock market has tracked higher in three straight sessions, advancing more than 275 points or 0.7 percent along the way. The Nikkei 225 now sits just above the 39,370-point plateau and it may extend its gains again on Thursday. The global forecast for the Asian markets is upbeat on improved optimism about the...
The Malaysia stock market has ticked lower in four straight sessions, slipping more than 15 points or 1 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may stop the bleeding on Thursday. The global forecast for the Asian markets is upbeat on improved optimism about...
The Singapore stock market headed south again on Wednesday, one day after ending the two-day slide in which it had fallen almost 30 points or 0.8 percent. The Straits Times Index now rests just above the 3,790-point plateau although it figures to bounce higher again on Thursday. The global forecast for the Asian markets is...
The Taiwan stock market has finished lower in two straight sessions, shedding almost 360 points or 1.5 percent along the way. The Taiwan Stock Exchange now rests just above the 22,900-point plateau although its due for support on Thursday. The global forecast for the Asian markets is upbeat on improved optimism about the outlook for...
The unemployment rate in Australia came in at a seasonally adjusted 3.9 percent in November, the Australian Bureau of Statistics said on Thursday. That was lower than forecasts for 4.2 percent and down from 4.1 percent in October. The Australia economy added 35,600 jobs last month, topping expectations for the addition of 26,000 jobs following...
JAKARTA – Both PT XL Axiata Tbk (EXCL)andPT Smartfren Telecom Tbk (FREN)were seen corrected at the end of morning session today (11/12) following the merger plan. This morning, both major shareholders of EXCL and FREN officially announced merger plan to the public after signing an agreement yesterday (10/12). Monitoring the board this afternoon, FREN saw...
JAKARTA – Inflation is projected to grow in January 2025 before declining in April 2025, according to the Retail Sales Survey of Bank Indonesia in November 2024. Based on said survey, quoted today (11/12), Price Expectation Index (PEI) in January 2025 was recorded at 157.8, much higher than 152.6 seen in December 2024. The uptrend...
JAKARTA - PT Bank IBK Indonesia Tbk (AGRS) recorded capital adequacy ratio (CAR) of over 40%. “As we receive capital injection from IBK Korea of IDR 1 trillion, we have relatively prominent CAR,” said Lee Dae Sung, Director of AGRS, during Public Expose of AGRS yesterday (10/12). As is known, the bank, formerly known as...
JAKARTA - PT Jasa Armada Indonesia Tbk (IPCM) climbed IDR 2 higher this afternoon (11/12) following the announcement of interim dividend distribution. Within the past two years, IPCM allocated IDR 20.05 billion or IDR 3.8 per share as interim dividend. Monitoring the board today (11/12), IPCM continued to fluctuate between IDR 270 and IDR 274...