The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday, as the crude oil prices moved higher on expectations the Chinese government will announce additional stimulus revive growth in the worlds second largest economy. There is optimism over solid U.S. fuel demand after separate set of data released the previous day...
Jakarta - PT Petrosea Tbk (PTRO) announced the implementation of share trading with a new nominal value as a result of a stock split which will begin on January 3, 2025. The stock split with a ratio of 1:10 aims to attract retail investors by offering shares at a more affordable price. Anto Broto, Head...
Jakarta - PT Pan Brothers Tbk (PBRX) managed to escape the threat of bankruptcy after the Central Jakarta Commercial Court ratified a homologation agreement with the majority of creditors. As part of the homologation agreement, Pan Brothers will restructure its US$ 340 million debt to bank creditors and bondholders. The restructuring will be carried out...
Jakarta - PT Green Power Group Tbk (LABA) announced plans to increase capital with pre-emptive rights or rights issue in the first half of 2025. President Director of LABA, William Ong, revealed that the value of the issuance is estimated at IDR 100-150 billion. We are currently discussing with securities regarding the number of shares...
Jakarta - PT BFI Finance Indonesia Tbk (BFIN) affirms its commitment to pay off the companys Shelf Registration Bond V BFI Finance Indonesia Phase III Year 2023 Series B worth IDR 227 billion, which will mature on January 27, 2025. In an official statement, BFIN Director Sudjono explained that the funds for principal and interest...
JAKARTA—On Friday, December 27, the stock exchange saw a net sell of 15.98 million shares from foreign investors. A total of 2.55 billion shares were bought, while 2.56 billion shares were sold overall. With 447.61 million shares, PT GoTo Gojek Tokopedia Tbk (GOTO) once again topped the list of equities with the highest net sell....
The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Monday, as traders seemed reluctant to make more significant moves amid what is likely to be a quiet week due to the Christmas Day holidays. Chinas Ministry of Finance announced that the government...
Asian stocks advanced on Tuesday after shares of big U.S. technology companies rallied overnight in thin trading at the start of a holiday-shortened week. Regional markets moved in a tight range before ending higher, with Hong Kong and Sydney having shortened session for Christmas Eve. Gold and oil clung to modest gains in Asian trade...
French stocks were modestly higher on Tuesday in thin shortened pre-Christmas trade. Most European markets will remain shut on Wednesday and Thursday for the Christmas holiday. Traders were reacting to the latest GDP reports from the U.K. and Spain as well as comments from Chinas finance ministry that it will increase public spending in 2025...
U.K. stocks were moving higher on Tuesday in thin-shortened trading session for Christmas Eve. Markets will remain shut on Wednesday and Thursday for the Christmas holiday. The benchmark FTSE 100 was up 24 points, or 0.3 percent, at 8,127 after edging up by 0.2 percent on Monday. Energy stocks tracked oil prices higher, with BP...