The China stock market on Monday ended the two-day winning streak in which it had advanced almost 40 points or 1.2 percent. The Shanghai Composite now sits just above the 3,400-point plateau and the losses may accelerate on Tuesday. The global forecast for the Asian markets is soft on weakness from the technology stocks and...
The Hong Kong stock market has moved higher in two straight sessions, rallying more than 850 points or 4.2 percent along the way. The Hang Seng Index now sits just above the 20,410-point plateau although investors may lock in gains on Tuesday. The global forecast for the Asian markets is soft on weakness from the...
JAKARTA - PT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO) recorded the top net profit margin among its 13 competitors during January-September 2024. The following is the net profit margin achievement of four issuers in the pharmaceutical industry with market capitalization (marketcap) above IDR 5 trillion per September 2024. Based on the ata compiled...
JAKARTA - On Monday, December 9, foreign buy volume was approximately 8.28 billion shares, while foreign sell volume was 6.70 billion shares. This gap led to a net foreign volume surplus of 1.58 billion shares. One of the factors contributing to the high foreign buy volume was the acquisition of 6.44 billion shares of digital...
JAKARTA -PT Goto Gojek Tokopedia Tbk (GOTO) recorded net foreign of 2.14 billion shares following its steady uptrend until today’s (9/12) closing. Based on IDNFinancials data, GOTO booked foreign buy of 6.44 billion shares and foreign sell of 4.30 billion shares. GOTO went IDR 1 higher to IDR 78 from the closing price last Friday...
JAKARTA – PT Tempo Inti Media Tbk (TMPO)saw 30% jump in stock price, securing top gainers position until the closing bell today (9/12). It increased IDR 50, bringing the price to IDR 214 from IDR 164. Based on IDNFinancials data, TMPO saw steady growth in stock price since the morning until the closing bell at...
JAKARTA. PT Matahari Department Store Tbk (LPPF)s plan to close 13 Matahari outlets this year and closely monitor 20 outlets on the watchlist, was responded to by foreign investors selling. This was conveyed by LPPF Management in its official announcement. This closure, said LPPF Management, is an effort to reorganize the portfolio of Matahari stores...
Germanys industrial output decreased unexpectedly in October on weak energy and auto production, darkening economic outlook, official data revealed on Friday. Industrial output registered a 1.0 percent decrease in October, data from Destatis showed. The decline confounded expectations for an increase of 1.0 percent. Production was down by revised 2.0 percent in September. On a...
European stocks traded higher for a seventh straight session on Friday amid optimism that a new French budget could be passed within a matter of weeks. French President Emmanuel Macron said he will appoint a new prime minister in the coming days and will get the 2025 budget adopted by parliament. Meanwhile, investors also awaited...
Indian shares fluctuated before ending marginally lower on Friday as the Reserve Bank of India (RBI) left its key interest rates unchanged for the eleventh straight session but reduced the cash reserve ratio by 50 basis points to boost liquidity. This was the first CRR reduction since March 2020. The central bank downgraded its real...