UTXO Management and Sora Ventures acquired a 70.26% stake in HK Asia Holdings, aiming to lead Bitcoin adoption in Asia.Sora Ventures launched a $150M fund to integrate Bitcoin as a reserve asset in corporate treasuries across Asian markets. UTXO Management, Sora Ventures, and other strategic partners have finalized the acquisition of a 70.26% share in...
JAKARTA. PT Petrosea Tbk (PTRO) saw 9.51% or 1,875-point increase at today’s morning session, arriving at IDR 21,600 per share. Previously, at last week’s closing bell, PTRO was seen standing at IDR 19,725 per share. This Prajogo Pangestu’s newest acquisition reportedly peaked at IDR 22,000 per share today (2/12), its highest in the last 52...
JAKARTA – The performance ofPT Bumi Resources Minerals Tbk (BRMS) soared in Q3 2024 compared to the same period in Q3 2023. The increase in price and gold quality further advances sales surge. Agus Projosasmito, President Director of BRMS, mentioned that the factors behind performance surge are higher gold production and selling prices in 2024....
JAKARTA - The share performance of PT Maja Agung Latexindo Tbk (SURI) has fallen 70% after its initial public offering in early December 2023. This note places this issuer in a row of weakly performing issuers this year. Based on the data compiled by IDN Financials, Monday (2/12), SURIs share price was traded at IDR...
JAKARTA. A number of banking issuers dominated the Top Foreign Net Sell list in trading on Monday (2/12) today, due to the net selling volume by foreign investors (net foreign buy) which was higher than the net buying volume (net foreign buy). According to .com data, there are 3 banking issuers who are on the...
JAKARTA – PT MPX Logistics International Tbk (MPXL) will expand its logistics services to ocean freight services to drive revenue growth. This plan had been approved by shareholders during Extraordinary General Meeting of Shareholders last week (25/11). James S. Chandra, Directr of MPXL, confirmed that the company has established PT MPX Maritim Nusantara, a subsidiary...
A report released by the Labor Department on Tuesday showed job openings in the U.S. increased by more than expected in the month of October. The Labor Department said job openings climbed to 7.744 million in October from a downwardly revised 7.372 million in September. Economists had expected jobless claims to rise to 7.480 million...
European stocks closed higher on Tuesday, with the German market closing at a record high, as investors kept a close on the political developments in France, and looking ahead to some key economic data from the U.S. Mining, energy and technology stocks rising after new U.S. curbs on tech exports to China fell short of...
The Swiss franc advanced against its most major counterparts in the New York session on Tuesday. The franc rose to 0.8829 against the greenback and 0.9291 against the euro, from an early low of 0.8888 and a 4-day low of 0.9325, respectively. The franc touched 1.1187 against the pound, setting a 4-day high. The currency...
The Switzerland market ended slightly up on Tuesday after a choppy rise as investors largely made cautious moves, reacting to the nations inflation report, and looking ahead to some key economic data from the U.S. later in the week. The benchmark SMI closed up 5.08 points or 0.04% at 11,834.32. The index, which advanced to...