Impack Pratama to put in extra IDR 79.9 billion for plastic manufacturing business

Impack Pratama Tbk (IMPC), a manufacturer of plastic building materials, has channelled extra capital worth IDR 79.9 billion to one of its subsidiaries engaged in the plastic manufacturing business line, PT Sirkular Karya Indonesia (SKI). Lenggana Linggawati, Corporate Secretary of IMPC, mentioned that the extra capital was given alongside new shares issuance initiated by SKI....

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JCI saw decrease throughout the day

JAKARTA – Jakarta Stock Price Composite Index (JCI) saw a decline throughout the day on Wednesday (6/11). Until this afternoon session, JCI was closed at 7,383.87, affected by slippages of blue-chip stocks. Monitoring the board this afternoon, the index indicated a downturn until 4 PM WIB. It began to slip to 7,484.95 right after the...

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Pounds Falls Against Majors

The British pound weakened against other major currencies in the European session on Tuesday. The pound fell to a 3-month low of 1.2792 against the U.S. dollar, from an early high of 1.2874. Against the Swiss franc and the yen, the pound slid to 4-day lows of 1.1280 and 196.89 from early highs of 1.1339...

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Pounds Falls On Weak U.K. Employment Data

The British pound weakened against other major currencies in the European session on Tuesday, after the U.K. unemployment rate rose more than expected in the third quarter and wage growth softened, adding pressure on the Bank of England to cut interest rates further. Data from the Office for National Statistics showed that the unemployment rate...

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Chinese Yuan Falls On Trump Tariff Threats

The Chinese yuan weakened against the U.S. dollar in the European session on Tuesday, amid concerns about possible tariffs on Chinese imports by U.S. President-Elect Donald Trump. Markets are nervous as they seek clarity on U.S. President-elect Donald Trumps policy proposals, including increased tariffs, and await key U.S. inflation reading later in the week for...

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Sensex, Nifty Tumble On Earnings Disappointment

Indian shares tumbled on Tuesday amid lingering concerns over FII outflows and disappointment stemming from a weak earnings season. Sluggish cues from Asia and Europe also dented sentiment as traders awaited clarity on U.S. President-elect Donald Trumps policy proposals on global geopolitics, U.S.-China relations, NATO, immigration, and economic policies. The U.S. dollar held near a...

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