Market

Trump criticizes Iran, oil prices soar above 5%

JAKARTA - Global oil prices surged along with US President Donald Trump's scathing comments on Iran. This was done by Trump related to the shooting of a US military drone. In trading on Thursday (6/20/2019) at 10:50 p.m., the WTI oil price ...

ADRO Distributes Interim Dividend of US $ 75.17 Million

JAKARTA - Mining company PT Adaro Energy Tbk. (ADRO) distributes interim dividends worth US $ 75.17 million from the acquisition of net income as of September 2018. In an information disclosure on Wednesday (19/12), management said that it would ...

Jisdor Rate Determined 14,380, Rupiah Strengthens Sharply in the Spot Market

JAKARTA - The rupiah exchange rate touched the position of IDR 14,380 per US dollar based on the Jakarta Interbank Spot Dollar Rate (Jisdor) reference rate today, Wednesday (12/19/2018). Data published by Bank Indonesia this morning placed the ...

OPEC cuts production, rejects US pressure

Jakarta - Saudi Arabia, Russia and all members of the OPEC coalition + agreed to cut production, which was greater than expected. This made crude oil prices soar and ignored the desire of US President Donald Trump not to make a decline in ...

Wijaya Karya Beton (WTON) Realizes 82.14% of New Contract Target

Jakarta -PT Wijaya Karya Beton Tbk. (WTON) has realized 82.14% of the target of the new IDR 7.56 trillion contract targeted in 2018. The Corporate Secretary of Wijaya Karya Beton, Yuherni Sisdwi, revealed that the company received additional new ...

Sarana Multi Infrastruktur (SMI) Launched Bonds of IDR828.25 Billion

Jakarta -PT Sarana Multi Infrastruktur (Persero) plans to issue two bonds with a total value of Rp828.5 billion. In a publication at the Indonesian Central Securities Depository, SMI plans to launch two series of fixed interest bonds. The bonds ...

BIS: Cryptocurrency Technology Difficult to Grow

Jakarta -The Bank for International Settlements assesses that cryptocurrency technology will not develop in the future nor replace the current financial services system. In its annual report quoted from Bloomberg, Monday (18/06/2018), BIS ...

Crude Oil Prices Up, Sours Upstream Oil and Gas

Jakarta -Passion of investment in the oil and gas sector that previously dimmed is believed to increase in the second half of 2018, following the continued increase of world crude oil prices. The effect of rising crude oil prices on the upstream ...

Apple and Xiaomi are Masters of Mobile Market in March

Jakarta -Counterpoint research firm has informed the list of best-selling sales of smartphones during March 2018. According to the list, iPhone X is still at the top of the world by grabbing a 3.5% market share. Then followed by his brother, iPhone ...

Investors Sparked Shares of Apple Inc in Quarter I, Largest Since 2008

JAKARTA -Institutional investors have never been so skeptical as now for Apple Inc. shares, at least since the 2008 financial crisis. Reported by Bloomberg, a number of investors released the ownership of the iPhone producers to reach a total of ...

US Investors Haunts Inflation Rising Concerns

NEW YORK - New worries about rising costs and inflation haunt US stock investors awaiting next week and the next leg of the I / 2018 quarter earnings period. In the last week, the busiest report for the I / 2018 quarter, some companies warned ...

Indomobil Finance Indonesia Returns Issued Rp750 Billion Bonds

JAKARTA -PT Indomobil Finance Indonesia will issue bonds worth Rp750 billion in the second quarter of this year, following emissions of Rp1.08 trillion in the first quarter of this year. Based on information from PT Indo premier Sekuritas as one ...

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