Slowing down inflation, the Fed lowers interest rates by 25 bps
08 Nov 2024 09:29
Central Bank of the United States of America or the Fed announced the interest-rate cut of 25 bps to 4.5%-4.75% on Thursday (7/11).
FWCT to issue interim dividend of IDR 3 per share
08 Nov 2024 09:10
PT Wijaya Cahaya Timber Tbk (FWCT), a plywood manufacturer established circa 2017, announces interim dividend distribution of IDR 3 per share, or a total of IDR 5.63 billion.
Foreign buy exceeds 4 billion shares, net foreign volume surplus at 181.96 million shares
07 Nov 2024 19:21
On Wednesday, November 6, foreign investors’ shares purchases hit up to 4.67 billion shares. Meanwhile, foreign sales volume stood at 4.49 billion shares, resulting in a net foreign volume surplus of 181.96 million shares. The mineral mining business PT Bumi Resources Minerals Tbk (BRMS) had the most shares purchased, totalling 882.48 million shares with a net volume of 529.70 million shares.
Forex reserves arrived at USD 151.2 billion in October 2024
07 Nov 2024 16:45
Indonesia’s foreign exchange (forex) reserves as of October 2024 were recorded at USD 151.2 billion, up from USD 149.9 billion in September 2024.
XL Axiata’s net profit soared 31.7%, now reaching IDR 1.32 trillion
07 Nov 2024 16:31
PT XL Axiata Tbk (EXCL), one of the biggest telecommunication service providers in Indonesia, posted net profit of IDR 1.32 trillion within the first nine months (9M) of 2024.
Revenue skyrocketing, Venteny’s profit plummeted 60.5%
07 Nov 2024 13:51
The revenue of PT Venteny Fortuna International Tbk (VTNY) managed to report 86% year-on-year (yoy) surge, but its profit dropped significantly by up to 60.5% yoy at the end of September (9M) 2024.
Growth in net profit, Krom Bank to focus on capital strengthening and synergy with Kredivo
07 Nov 2024 13:39
PT Krom Bank Indonesia Tbk (BBSI) booked net profit of IDR 107.13 billion within the first nine months (9M) of 2024, up 9.54% year-on-year (yoy) from the same period last year.
Working with limited capital, PBRX anticipates sales decline
07 Nov 2024 13:38
PT Pan Brothers Tbk (PBRX) is anticipating decline in its sales number in 2025 following its limited working capital. Its total equity was reported at USD 333.60 million as of Q3 2024, relatively stable compared to the same period in 2023.
A year in the stock market, UDNG saw 52% decrease
07 Nov 2024 11:45
A year into its debut in the stock exchange, the stock performance of PT Agro Bahari Nusantara Tbk (UDNG) plummeted 52% as of yesterday’s (6/11) closing bell.
State sukuk auction reported incoming bids of IDR 16.26 trillion
07 Nov 2024 11:33
The amount of incoming bids for the last auction of Government Sharia Securities (SBSN) or State Sukuk last Tuesday (5/11) reportedly reached IDR 16.26 trillion.
