Australia posted a seasonally adjusted merchandise trade surplus of A$7.079 billion November, the Australian Bureau of Statistics said on Thursday. That beat expectations for a surplus of A$5.750 billion following the upwardly revised A$5.670 billion surplus in October (originally A$5.593 billion). Exports were up 4.8 percent on month to A$43.816 billion, up from the downwardly...
The value of retail sales in Australia was up a seasonally adjusted 0.8 percent on month in November, the Australian Bureau of Statistics said on Thursday - coming in at A$37.052 billion. That was shy of expectations for an increase of 1.0 percent but was up from 0.6 percent in October. Among the individual components,...
The China stock market has moved higher in back-to-back sessions, collecting almost 25 points or 0.8 percent along the way. The Shanghai Composite Index now sits just above the 3,230-point plateau although it may spin its wheels on Thursday. The global forecast for the Asian markets is flat and directionless on conflicting leads over the...
The Indonesia stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had advanced almost 130 points or 1.8 percent. The Jakarta Composite Index now sits just above the 7,080-point plateau and its expected to stay in that neighborhood again on Thursday. The...
Consumer prices in China were flat on month in December, the National Bureau of Statistics said on Thursday That exceeded expectations for a decline of 0.2 percent following the 0.6 percent drop in November. On a yearly basis, consumer prices were up 0.1 percent - matching forecasts and easing from 0.2 percent in the previous...
JAKARTA -PT Indonesian Paradise Property Tbk (INPP) bags IDR 652.65 billion from divesting 36.7% of PT Narpati Arjaya Properti (NAP) to Hankyu Hanshin Properties ID-BWC LLC, Japan. After this transaction, INPP’s portion in NAP is down to 55.22%. Ispandiati Makmur, Corporate Secretary of INPP, mentioned that the number of NAP’s shares that was divested stood...
JAKARTA—On Wednesday, January 8, this investor increased their ownership to 24.15% by purchasing these shares throughPT Trimegah Sekuritas Indonesia Tbk.PT Nusantara Pelabuhan Handal Tbk (PORT)operates port container terminals in Jakarta and Bangkok, Thailand.This transaction thenopened the list of shares in the market hints this time. Subsequently, DBS Bank Ltd S/A Pemberton Asian Opportunities Fund invested...
JAKARTA – PT Amman Mineral Internasional Tbk (AMMN) reported exponential growth in both its top and bottom lines by the end of September (9M) 2024. Revenue doubled, while net profit surged tenfold compared to the same period last year. According to AMMN’s Q3 2024 financial report, released today (10/1) on Indonesia Stock Exchange (IDX), the...
JAKARTA – PT Bliss Properti Indonesia Tbk (POSA) has completed an affiliated transaction by increasing the paid-up capital in its three subsidiaries on January 7, 2025. “The capital increase was carried out through a debt-to-equity conversion mechanism in three subsidiaries: PT Tanjung Pinang Indah, PT Lahan Makmur Indah, and PT ABC Bali Laut,” said POSA’s...
JAKARTA – A year after their debut on the stock market, two listed companies have recorded contrasting stock performance. PT Multi Spunindo Jaya Tbk (MSJA) saw its stock price grow, while PT Sinergi Multi Lestarindo Tbk (SMLE) experienced a decline. Data compiled by IDNFinancials on Friday (10/1) shows that MSJA conducted an initial public offering...