The Canadian market is holding in positive territory Tuesday afternoon posting a new record high, with technology stocks contributing substantially to the upmove. Materials and energy stocks are having a tough session due to weak commodity prices. The benchmark S&P/TSX Composite Index, which climbed to a new high of 25,024.93, was up 75.89 points or...
The U.S. dollar climbed higher on Tuesday, extending its dominance against his major counterparts, amid bets rate cuts will not be any aggressive next year as prices may move higher under Donald Trump administration due to proposed increase in tariffs. Investors await key U.S. inflation readings, reports on retail sales and industrial production, and FOMC...
Australia will on Wednesday release Q3 numbers for wage prices, highlighting a light day for Asia-Pacific economic activity. Wage prices are expected to rise 0.9 percent on quarter and 3.6 percent on year after gaining 0.8 percent on quarter and 4.1 percent on year in the three months prior. Japan will see October figures for...
The Canadian market closed on a firm note on Tuesday thanks to strong gains in technology stocks after Shopify reported strong quarterly earnings and came up with encouraging revenue guidance. The market ended higher despite weak commodity prices triggering some heavy selling in energy and materials sectors. The benchmark S&P/TSX Composite Index, which rose to...
The Malaysia stock market has tracked lower in four straight sessions, dropping more than 25 points or 1,7 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,610-point plateau and its expected to open to the downside again on Wednesday. The global forecast for the Asian markets is negative ahead...
The Singapore stock market on Tuesday ended the six-day winning streak in which it had surged almost 185 points or 5.1 percent. The Straits Times Index now sits just above the 3,710-point plateau and its expected to open under pressure again on Wednesday. The global forecast for the Asian markets is negative ahead of key...
Producer prices in Japan were up 0.2 percent on month in October, the Bank of Japan said on Wednesday. That exceeded expectations for a flat reading and was down from the upwardly revised 0.3 percent in September (originally flat). On a yearly basis, producer prices climbed 3.4 percent - again beating forecasts for 2.9 percent...
MD Entertainment Tbk (FILM) recorded net profit of IDR 102.9 billion within the first nine months (9M) of 2024, up 20.8% year-on-year (yoy) from the same period last year. This profit growth goes hand-in-hand with FILM’s revenue in 9M 2024 that reached IDR 348.1 billion. Its revenue increased 18.6% yoy from IDR 293.6 billion in...
JAKARTA – Financial performance of PT Siloam International Hospitals Tbk (SILO) until the end of September (9M) 2024 steadily improved alongside its solid operational performance, including revenue and net profit that increased approximately 10% year-on-year (yoy) each. According to the press release quoted today (7/11), SILO reported an increase of up to 9.8% yoy in...
JAKARTA – Jakarta Stock Price Composite Index (JCI) was sluggish at the beginning of today’s (7/11) session. Until 10.30 AM WIB, it still lounged around at 7,317.29. Monitoring the board this morning, JCI has consistently suggested a downtrend since the opening bell at 9 AM WIB. The downturn of JCI hit its lowest within the...