JAKARTA – Shareholders approved the plan of PT Golden Eagle Energy Tbk (SMMT) to raise its capital via private placement. For this upcoming corporate action, the company will issue 315 million shares of IDR 125 each. Susanti Nilam, Corporate Secretary of SMMT, confirmed that the private placement plan was agreed upon by shareholders during Extraordinary...
JAKARTA – The shares of PT Gunung Raja Paksi Tbk (GGRP) plunged 67.3% to IDR 212 on Friday (29/11), down from the previous closing price of IDR 645 on Thursday (31/10). This decline is attributed to the final trading schedule reflecting a change in the nominal share value from IDR 500 to IDR 140. Data...
The Malaysia stock market on Monday snapped the two-day losing streak in which it had slipped almost 10 points or 0.6 percent. The Kuala Lumpur Composite Index now sits just above the 1,595-point plateau and it may extend its gains on Tuesday. The global forecast for the Asian markets suggests mild upside, supported by strength...
The China stock market has finished higher in two straight sessions, advancing almost 70 points or 2.1 percent along the way. The Shanghai Composite now sits just above the 3,360-point plateau and its tipped to open in the green again on Tuesday. The global forecast for the Asian markets suggests mild upside, supported by strength...
Australia posted a seasonally adjusted current account deficit of A$14.149 billion in the third quarter of 2024, the Australian Bureau of Statistics said on Tuesday. That missed forecasts for a shortfall of A$10.3 billion following the downwardly revised A$16.351 billion deficit in the three months prior (originally -A$10.7 billion). The capital and financial account surplus...
The Hong Kong stock market has climbed higher in back-t-back sessions, collecting almost 190 points or 1 percent along the way. The Hang Seng Index now sits just above the 19,550-point plateau and its expected to open to the upside again on Tuesday. The global forecast for the Asian markets suggests mild upside, supported by...
The terms of trade in New Zealand rose a seasonally adjusted 2.4 percent on quarter in the third quarter of 2024, Statistics New Zealand said on Tuesday. That exceeded expectations for a gain of 1.2 percent and was up from 2.1 percent in the previous three months Export prices were up 0.7 percent on quarter,...
The Indonesia stock market has closed lower in four consecutive trading days, surrendering almost 270 points or 3.9 percent in that span. The Jakarta Composite Index now sits just beneath the 7,050-point plateau although its overdue for support on Tuesday. The global forecast for the Asian markets suggests mild upside, supported by strength from the...
Consumer prices in South Korea were down a seasonally adjusted 0.3 percent on month in November, Statistics Korea said on Tuesday. That was unchanged from the October reading but missed forecasts for a decline of 0.2 percent. On a yearly basis, inflation was up 1.5 percent - beneath expectations for an increase of 1.7 percent...
Tron (TRX) is trading in a tight range between $0.22 and $0.27.Tron’s network growth remains strong, with over 2 million users and a $3.6 trillion transfer recorded on January 15. The cryptocurrency Tron (TRX) returned to former price levels after reaching a height of $0.44 in December 2024 during its 180% surge. During the holiday,...