JAKARTA -PT AKR Corporindo Tbk (AKRA) is allocating interim dividend for the fiscal year of 2024 worth IDR 987.64 billion or IDR 50 per share. Suresh Vembu, Director of AKRA, confirmed that the interim dividend distribution was decided by the board of directors under the approval from the board of commissioners on July 24, 2024....
U.K. stocks fell slightly on Friday after the release of a mixed set of economic data. U.K. private sector growth eased to a seven-month low in June as a slowing of service sector growth offset a stronger performance in manufacturing. The S&P Global Composite PMI decreased to 51.70 from 53 points in May as some...
Ripple (XRP) CEO Brad Garlinghouse subtly likes a post that alleges that he met with the US president-elect Donald Trump, to discuss the crypto industry. Garlinghouse recently accused the US Securities and Exchange Commission (SEC) of selecting “winners” and “losers” through their enforcement actions. Ripple’s XRP has finally broken out of a falling wedge to hit...
picture alliance/Getty Images The most valuable companies in the world have grown to impressive heights in recent years, with nine publicly traded companies reaching market capitalizations of roughly $1 trillion or more. All but one of the companies come from the tech sector, with many offering products and services that consumers use every day. Several...
JAKARTA - On Tuesday, July 2, foreign buying volume totaled 1.76 billion shares, while foreign selling volume was 1.89 billion shares. This set of figures, which were not significantly different, yields net foreign volume of -124.59 million shares. The top shares on the top buy list belong to the digital company PT GoTo Gojek Tokopedia...
Online retail giant Amazon.com Inc. is asking its employees to return to office five days a week, starting January 2025, according to CEO Andy Jassy. In a statement, which was also shared with Amazon employees, he presented a couple of changes to further strengthen the companys culture and teams. Amid the ongoing spread of coronavirus...
While reporting its financial results for the first quarter on Wednesday, transportation solutions provider Wabtec Corp. (WAB) raised its adjusted earnings and sales guidance for the full-year 2024. For fiscal 2024, the company now projects adjusted earnings in a range of $7.00 to $7.40 per share on sales between $10.25 billion and $10.55 billion. Previously,...
U.K. stocks rose slightly on Thursday after Britains private sector companies reported their strongest growth in four months alongside cooling price pressures. The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers Index (PMI) rose to 52.5 in August from 52.1 in July. Sentiment was also underpinned after minutes of the U.S. Federal Reserve meeting opened...
JAKARTA – The stock performance of two companies, PT Multitrend Indo Tbk (BABY)andPT Anugerah Spareparts Sejahtera Tbk (AEGS), plummeted after a year debuting in the stock exchange since September 2023. Based on the data compiled by IDNFinancials today (25/9), BABY debuted through initial public offering (IPO) on September 7, 2023, issuing 534 million shares for...
The Canadian market is modestly higher Thursday afternoon with gains in materials and energy sectors contributing to the rise. The mood remains positive with investors reacting to the European Central Banks rate cut move, and optimism about interest rate reductions from the Federal Reserve and the Bank of Canada. The benchmark S&P/TSX Composite Index is...