JAKARTA. PT Sejahtera Raya Perkasa (SRP), shareholder of PT Indomobil Sukses Internasional Tbk (IMAS), has sold 55 million IMAS shares with the aim of Reverse Repo. Evensius Go, Director of IMAS, said that all the shares were sold at a price of IDR 652 per share. The transaction was carried out on November 8, 2024....
U.K. stocks were slightly higher on Monday despite an ongoing row about tax rises by chancellor Rachel Reeves. The benchmark FTSE 100 was up 32 points, or 0.4 percent, at 8,294 after climbing 1.4 percent on Friday. Anglo American advanced 1.6 percent after Peabody Energy won a hotly contested battle to buy the miners steelmaking...
European stocks traded higher at two-week highs on Monday after Donald Trump nominated Scott Bessent, a billionaire hedge fund manager and an advocate for deficit reduction, to lead the U.S. Treasury Department. Rate cut hope also fueled gains after ECB chief economist Phillip Lane said that monetary policy should not remain restrictive for too long...
German business sentiment softened in November on a notable deterioration in current conditions as economic struggles deepened, survey results from ifo Institute showed on Monday. The business climate index fell to 85.7 in November from 86.5 in the previous month. The score was expected to fall moderately to 86.0. At 84.3, the current situation index...
The British pound strengthened against other major currencies in the European session on Monday, as traders anticipate that the Bank of England (BoE) would slow down its policy-easing process in the upcoming month, particularly in light of data that was made public last week that indicated the UK inflation accelerated and once again exceeded the...
The U.S. dollar recovered against some of its major counterparts in the New York session on Monday. The greenback recovered to 1.0466 against the euro and 1.2541 against the pound, from its early 4-day lows of 1.0530 and 1.2612, respectively. The greenback rose to 0.5835 against the kiwi, 0.6486 against the aussie and 1.4007 against...
Despite posting a new all-time high around mid-morning, the Canadian market ended on a negative note on Monday, due to sharp losses in energy and materials sectors. Gains real estate, technology, communications, consumer discretionary and industrials sectors helped limit the markets downside. A positive reaction to news U.S. President-elect Donald Trump intends to nominate billionaire...
The South Korea stock market has tracked higher in two straight sessions, advancing more than 50 points or 2 percent along the way. The KOSPI now sits just above the 2,530-point plateau and its expected to open in the green again on Tuesday. The global forecast for the Asian markets is upbeat on optimism over...
The Malaysia stock market has moved higher in back-to-back sessions, collecting almost 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,600-point plateau and it may add to its winnings again on Tuesday. The global forecast for the Asian markets is upbeat on optimism over the...
Shiba Inu launched the WHY Combinator to support blockchain projects and expand the meme coin ecosystem.The initiative includes the TREAT token for rewards and plans to enhance BONE’s utility for scalability. SHIB’s lead developer, Shytoshi Kusama, has unveiled the WHY Combinator, a decentralized program for nurturing meme coin initiatives. The aim is to improve the...