Indian shares are seen opening on a sluggish note Friday amid weak global cues and concerns over rising crude oil prices as investors weigh the prospect for tighter U.S. sanctions against Iran and Russia. The downside, however, may remain limited as macro data released after market hours on Thursday painted a positive picture of the...
Indian shares opened lower on Friday after the readout from a high-level economic policy meeting in Beijing offered another round of strong language about helping the economy but lacked detail about policy or stimulus moves. Meanwhile, domestic IIP and retail inflation figures released after market hours on Thursday left little room for surprises. The benchmark...
European stocks may drift lower at open on Friday after Chinese leaders wrapped up a two-day planning meeting in Beijing without giving details on stimulus. The readout from the high-level economic policy meeting contained pledges towards a more-proactive approach and higher debt relative to GDP but left investors guessing on the specifics of a fiscal...
JAKARTA - PT Hotel Candi Baru purchased an additional 5.25 billion shares ofPT Industri Jamu dan Farmasi Sido Muncul Tbk (SIDO)on Tuesday, December 10. With a share portion of 59.5%, the investors total shares in this top herbal medicine manufacturer issuer also rose to 17.85 billion. PT Mandiri Sekuritas was employed to execute thepurchase. Still...
JAKARTA -Sight Investment Company Pte Limited, a foreign investor, increased its holdings ofPT Siloam International Hospitals Tbk (SILO)by 1.04 billion shares on Wednesday, December 11. With this most recent acquisition, the investors ownership inSILOshares has increased to 63.44% from its previous 55.4%.SILOshares are engaged ina private hospital network in Indonesia that provides health services. Additionally,...
JAKARTA - Garibaldi Thohir is known to have increased his stake by 2.12% to 17.48% in PT Provident Investasi Bersama Tbk (PALM) in a transaction last week (12/12). Since that transaction, the issuers share price has corrected IDR 2 from IDR 362 to IDR 360 per share at the start of the session Monday (16/12)....
JAKARTA - PT Golden Flower Tbk (POLU) shares rose 25%, occupying the top gainers position at the close of the first stock trading session, Monday (16/12). The upward trend in the performance of this issuers shares started last week (12/12). In the afternoon monitoring, this issuers shares rose IDR 370 to IDR 1,855 per share...
JAKARTA. The Indonesian Stock Exchange (BEI) determined Unusual Market Activity (UMA) status for the shares of 3 issuers because their price movements were considered unusual. Yulianto Aji Sadono, Head of the IDX Transaction Supervision Division, said that the three issuer shares included in the UMA are PT Satria Antaran Prima Tbk (SAPX), PT Sunson Textile...
Monthly GDP and foreign trade from the UK and final inflation from France and Spain are due on Friday, headlining a busy day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. GDP is forecast to grow 0.1 percent on month...
Asian stocks ended mixed on Friday after Chinese leaders pledged more stimulus measures during a two-day huddle of the Central Economic Work Conference in Beijing, a key economic meeting that sets policy priorities for the coming year. Top officials vowed to deliver rate cuts and lower the reserve requirement for banks to maintain economic growth...