JAKARTA. Stocks owned by Prajogo Pangestu spearheaded the Jakarta Composite Index (IHSG) rise, gaining 0.95% or 69.47 points to reach 7,382.79 during Friday’s (6/12) trading session. According to data compiled by .com, the trading volume reached 15.95 billion shares, with a total transaction value of IDR 9.6 trillion (USD 606 million), and the frequency of...
TMPO Shares Lead Top Gainers at Weeks Close JAKARTA – PT Tempo Inti Media Tbk (TMPO) shares posted the highest gain among other listed stocks, jumping 34.43% by the close of trading on Friday (6/12). According to IDNFinancials data, TMPO shares closed at Rp164, up from the opening price of Rp122 per share. The stock...
JAKARTA - PT Astrindo Nusantara Infrastruktur Tbk (BIPI) posted net foreign 100.14 million, the highest among other issuers net foreign at the close of share transactions on Friday (6/12). Based on the data compiled by IDN Financials, BIPI recorded foreign buy transactions of 151.94 million shares and foreign sell transactions of 51.80 million shares. The...
The U.S. Food and Drug Administration has announced further recalls of multiple products with cucumber, which has been recalled recently following ongoing Salmonella outbreak. Supreme Service Solutions LLC, dba Supreme Produce, has called back Supreme Produce cucumber products, and Yummi Sushi LLC has called back multiple sushi products with cucumber, citing potential to be contaminated...
Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday amid risk aversion, as traders remain cautious and are reluctant to make significant moves ahead of the release of the closely watched monthly U.S. jobs data later in the day that will offer...
Elon Musks artificial intelligence startup X.AI Corp., doing business as xAI, has raised $6 billion in its new funding round, according to a filing with the U.S. Securities and Exchange Commission. With the latest capital raise, the company reportedly stands at more than $40 billion valuation. The new funding round brings xAIs total raised fund...
Asian stocks ended mixed on Friday, with Chinese and Hong Kong markets outperforming ahead of an annual economic policy meeting scheduled for next week. A cautious undertone prevailed ahead of a U.S. jobs report due later in the day that might shift expectations for Federal Reserve rate cuts. The dollar weakened, helping gold prices push...
German stocks were little changed on Friday as investors continued to monitor the latest political developments in France and South Korea, and awaited the release of U.S. payrolls data later in the day that could alter the odds of a Federal Reserve rate cut later this month. Traders currently price in a 68 percent chance...
The euro area economy expanded as initially estimated in the third quarter on household and government spending and investment, revised data published by Eurostat showed Friday. Gross domestic product climbed 0.4 percent sequentially, which was double the 0.2 percent growth posted in the second quarter. The rates matched the preliminary estimate. On an annual basis,...
Jobs data from Canada and the U.S. hold the key for stocks on Bay Street on Friday. Metal stocks may move up on firm gold and silver prices, while oil stocks are likely to remain a bit subdued early on due to weak oil prices. The Canadian jobs data for the month of November is...