U.S. stocks are down firmly in negative territory Friday afternoon with rising Treasury yields contributing to the weakness. The major averages are all down in the red with the Nasdaq suffering a more pronounced loss. The Dow, which tumbled to 42,761.56, was down 336.36 points or 0.78 percent at 42,989.44 a little while ago. The...
U.S. stocks tumbled on Friday and the major averages all closed notably lower with the tech-laden Nasdaq suffering a more pronounced loss as yields on 10-Year Treasury Note rose to near 8-month high. The Dow closed down 333.59 points or 0.77 percent at 42,992.21, well off the days low of 42,761.56. The S&P 500, which...
Indian shares were a tad higher on Thursday after U.S. shares kicked of their seasonal Santa Claus rally on Tuesday in thin pre-Christmas trade. The benchmark S&P/BSE Sensex was up 120 points, or 0.1 percent, at 78,594 in early trade, rebounding from its worst week in 30 months. The broader NSE Nifty index was up...
Major stock markets around the world remain closed today amid festive season. In Europe, Germany, France, London, Spain and Switzerland are among the markets closed for the Boxing Day holiday. In the Asia-Pacific region, stock markets in Australia, New Zealand and Hong Kong are closed for the Boxing Day holiday. Indonesian markets remain closed for...
The Chinese yuan weakened against the U.S. dollar in the Asian session on Thursday. Global markets were closed for Christmas holiday and the thin trading with some markets in the region closed in the holiday-shortened week. Traders react to Chinas central bank holding the interest rate on the one-year medium-term lending facility at 2% on...
JAKARTA -PT Cardig Aero Service Tbk (CASS) is known to have reached an agreement regarding the reduction of loan interest from its debtor, PT Cardig Asset Management (CAM). Despite the very similar names, CASS and CAM are actually not affiliated. Purnama Wirya, Corporate Secretary of CASS, mentioned that debt restructuring process generates payment scheme such...
JAKARTA — On Tuesday, December 24, Ikin Wirawan took over 10.36% of the shares of PT Wira Global Solusi Tbk (WGSH), also known as WGS Ventures, initiating the stock buying and selling transaction by investors holding more than 5% of the shares. Through PT BCA Sekuritas, this individual investor purchased 108.02 million shares of WGSH....
JAKARTA - Budiyanto Djoko Susanto, Commissioner of PT Sumber Alfaria Trijaya Tbk (AMRT), is estimated to have earned IDR 90.27 billion from the divestment of 31.67 million of his shares in a transaction last week (27/12). Currently, Budiyantos share is 104.56 million or 0.25% from 136.23 million or 0.32% of the total 41.52 billion shares....
Indonesia Paradise Property Tbk (INPP) is issuing Bond I Year 2025 worth IDR 500 billion in two series. Approximately IDR 12.5 billion will be issued in series A, with coupon set to 7.05% per annum and tenure of 3 years. Then, the remaining IDR 487.5 billion is offered through series B, with a coupon set...
JAKARTA – Foreign investor transactions on the final trading day of 2024 ended with 384.96 million shares of net sell. Foreign investors bought 3.04 billion shares and sold 3.43 billion shares on Monday, December 30. However, in December, the net foreign volume ended the month with a net buy position of 1.26 billion shares. With...