JAKARTA - The House of Representatives (DPR) reminded the Government to be prudent in its plan to save PT Sri Rejeki Isman Tbk (SRIL). This was conveyed by Misbakhun, Member of Commission XI DPR in Jakarta (30/10). He conveyed that state assistance does not have to be in the form of monetary assistance, but in...
JAKARTA - The Indonesia Stock Exchange (BEI) recorded 10 Top Gainers issuers with share price growth in the range of 98%-284% during the month from August to September 2024. Based on the data compiled by IDN Financials quoted on Wednesday (30/10), this Top Gainers issuer is at a medium level based on the number of...
JAKARTA – PT Bank Negara Indonesia (Persero) Tbk (BBNI) or BNI recorded moderate credit growth at the end of September 2024, up 5.7% year-on-year (yoy). However, home ownership credit (KPR) was recorded to have soared higher than the industry average. Based on the Q3 2024 Financial Report, BNIs credit distribution was reported to have reached...
Labor productivity in the U.S. increased by slightly less than expected in the third quarter, according to a report released by the Labor Department on Thursday, while unit labor costs rose by much more than expected. The Labor Department said labor productivity shot up by 2.2 percent in the third quarter after surging by a...
The Commerce Department released a report on Thursday showing wholesale inventories in the U.S. fell by slightly more than expected in the month of September. The report said wholesale inventories slipped by 0.2 percent in September after rising by 0.2 percent in August. Economists had expected wholesale inventories to edge down by 0.1 percent. The...
The Canadian market is up in positive territory a little past noon on Thursday, with stocks from technology and real estate sectors turning in a fine performance. Consumer discretionary, financials and materials stocks are also finding good support. The mood remains positive with the outcome of the U.S. Presidential election continuing to aid sentiment. Investors,...
European stocks closed higher on Thursday as an interest rate cut by the Bank of England (BoE), and some encouraging earnings updates and economic data helped underpin sentiment. Investors looked ahead to the Federal Reserves monetary policy announcement, due later in the day. The Bank of England reduced its benchmark rate for the second time...
Asian stock markets are trading mostly higher on Friday, following the mixed cues from Wall Street overnight, after the US Fed delivered the widely expected decision to lower interest rates by a quarter point and signaled no intention to skip cutting rates. The Bank of England also cut interest rates. Asian markets ended mixed on...
Indian shares were moving in a narrow range on Friday despite positive cues from global markets after the Federal Reserve and the Bank of England cut interest rates as expected. The benchmark S&P/BSE Sensex was little changed at 79,492, recouping some earlier losses. The broader NSE Nifty index was down 19 points at 24,180. Lupin,...
European stocks may edge higher at open on Friday as investors await details of Chinas forthcoming stimulus at the conclusion of a week-long session of Chinas top legislative body, the National Peoples Congress (NPC) Standing Committee, later in the day. Possible measures may include support for local government debt and consumer spending. The U.S. economic...