The Canadian market closed slightly up on Friday with technology stocks contributing to the positive close. Data showing a much bigger than expected increase in Canadian jobs growth in the month of November aided sentiment. The benchmark S&P/TSX Composite Index, which hit a new record high at 25,826.98, closed up 11.76 points or 0.05% at...
JAKARTA. The Composite Stock Price Index (JCI) in todays first trading session corrected 0.45% to 7,293.96, after strengthening in the last 2 days. The JCI transaction value in todays first trading session was recorded at IDR 5.1 trillion, according to data compiled by .com. This transaction involved 8.5 billion shares, with a trading frequency of...
JAKARTA - PT Global Digital Niaga Tbk (BELI), the manager of e-commerce blibli.com, will issue 3.18 billion shares in the Management Employee Stock Option Plan (MESOP) program starting next week (15/12). If calculated with an implementation price of IDR 430, the MESOP value reaches IDR 1.36 trillion. Eric Winarta, Director of BELI said that the...
JAKARTA – The Indonesian government has set a tobacco excise target of Rp230.09 trillion for 2025, marking a 6.5% reduction from this years target. This adjustment is outlined in Presidential Regulation (Perpres) No. 201/2024, regarding the Detail of 2025 State Budget (APBN), which was enacted late last week. Notably, the government has no plans to...
JAKARTA - PT Bali Media Telekomunikasi (BMT) is known to have raised its portion by 4.79% to 41.17% inPT Smartfren Telecom Tbk (FREN). However, this investment has yet to boost FREN’s stock performance since the transaction was concluded two weeks ago. Based on IDNFinancials data, Thursday (5/12), BMT previously claimed 173.39 billion shares of FREN,...
JAKARTA – Now targeting B2B segment, PT Bank Amar Indonesia Tbk (AMAR) has officially launched its Embedded Banking service today (5/12) to support the scaling of micro, small, and medium enterprises (MSMEs). Embedded banking itself refers to banking technology integrated within non-banking platforms, thus allowing users to access financial services, such as account opening and...
The U.S. dollar dropped against its major counterparts in the New York session on Wednesday, after a data showed that the nations service sector growth slowed more than anticipated in the month of November. Data from the Institute for Supply Management showed that the services PMI fell to 52.1 in November from 56.0 in October....
Retail giant Walmart Inc. has recalled Marketside branded Fresh Cut Cucumber Slices possibly made with recalled whole cucumbers supplied by SunFed Produce, LLC due to the potential for Salmonella contamination, according to the U.S. Food and Administration. The Marketside Fresh Cut Cucumber Slices, produced in select stores, were available at 34 Walmart stores located in...
Asian stocks ended mixed on Thursday as traders took stock of the political crises in France and South Korea as well as comments by Federal Reserve Chair Jerome Powell indicating that the U.S. central bank will cut rates again when it meets later this month. Chinese shares ended on a firm note as investors awaited...
German stocks edged up slightly on Thursday after data showed factory orders fell less than expected in October after an upwardly revised surge the previous month. Destatis reported that factory orders fell 1.5 percent month-on-month after the revised 7.2 percent jump reported in September. Analysts had expected orders to fall by 2 percent. Industrial orders...