After opening on a weak note, the Canadian market is languishing in negative territory a little past noon on Friday, with energy and materials stocks reeling under selling pressure due to falling commodity prices. Investors are also digesting the nations employment data, and reacting to a slew of corporate earnings updates. The benchmark S&P/TSX Composite...
The U.S. dollar strengthened against its major counterparts in the New York session on Friday on hopes that policies under incoming President Donald Trump would spur economic growth and inflation. Trump has proposed tax cuts and tariffs on imported goods in his election campaign. Trumps fiscal policies will elevate upside risks to inflation and push...
European stocks closed weak on Friday with investors reacting to corporate earnings announcements, and assessing the Bank of England and the Federal Reserves interest rate decisions. Weak commodity prices, geopolitical tensions, and the likely impact of Donald Trumps protectionist policies on global economy weighed on sentiment. Political turmoil in Germany hurt as well. Germanys opposition...
The U.S. dollar extended gains against most of its major counterparts on Friday amid bets interest rates will stay mostly higher during the upcoming term of Donald Trump as his policies are likely to elevate upside risks to inflation and push rates higher. Trump has proposed tax cuts and tariffs on imported goods in his...
The Canadian market ended lower on Friday as energy and materials stocks fell on weak commodity prices as the U.S. dollar climbed higher on bets the Federal Reserve will be less aggressive with regard to rate cuts during Donald Trumps second term. Industrials shares were among the other notable losers, while a few stocks from...
Indian shares look set to open lower on Thursday as investors weigh the implications of Donald Trumps return to presidency. U.S. Republicans are projected to retake control of the Senate for the first time in four years, but control of the House remains up for grabs. It is feared the global economy may face potentially...
European stocks may open on a mixed note Thursday amid concerns that Donald Trumps America First policy may revive trade tussle over tariffs. Trump has already floated the idea of a 10 percent or more tariff on all goods imported into the U.S., a move that could lead to global economic instability and lead to...
JAKARTA - PT Bank Central Asia Tbk (BBCA) is at the top of the Top Market Capitalization (market cap) list in October 2024. The issuers market cap is around 10.04% of the total market cap of IDR 12.55 quadrillion. Based on the data compiled by IDNFinancials, Thursday (31/10), BBCA posted a market cap of IDR...
JAKARTA - PT Sariguna Primatirta Tbk (CLEO), a bottled drinking water producer, posted profit growth of 58.18% in the third quarter of 2024 from the same period in 2023. This achievement is in line with revenue performance growth of around 31.53%. Based on the Financial Report for the Third Quarter of 2024 quoted on Thursday...
JAKARTA - On Friday, October 25, foreign selling volume (3.92 billion shares) outpaced foreign buying volume (2.82 billion shares). As a result, net foreign volume fell to -1.09 billion shares. The digital company PT GoTo Gojek Tokopedia Tbk (GOTO) had the most shares sold, with foreign investors selling 1.30 billion shares for a net volume...