by Editor | Nov 5, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – Silver ended significantly lower by 10.4% to US$21.7 per ounce Tuesday, while gold slipped 0.24% to US$1311.6 per ounce. Freeport McMoRan, owner of Grasberg mine in Papua, ended lower by 0.56% in New York, while Newmont Mining, owner of...
by Editor | Nov 5, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – Nymex crude oil dropped further by 1% to US$93.59 per barrel Wednesday (November 5th), dragging down energy stocks worldwide. ExxonMobil slipped 0.12% in New York, while BP and Total SA lost 0.24% in London and 1.34% in Paris respectively....
by Editor | Nov 2, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – Nymex crude oil dropped further by 1.85% to US$94.6 per barrel in New York Friday (November 1st). Gold also declined 0.62% to US$1315 per ounce, while Dow Jones Industrial Average (DJIA) ended higher by 0.45% to 15615. Shares of oil and gas...
by Editor | Oct 31, 2013 | Industries, News, Transportation
JAKARTA (Yosefardi) – Flag carrier Garuda Indonesia (GIAA) posted net loss of US$22.3 million in nine months of 2013 against net profit of US$56.06 million in the corresponding period of 2012. Garuda actually reported higher operating revenues of US$2.68 billion...
by Editor | Oct 31, 2013 | Industries, News, Retail
JAKARTA (Yosefardi) – Retailer PT Sumber Alfaria Trijaya (AMRT) Tbk, which operates Alfamart convenience stores, reported 26.6% growth of sales revenue to Rp25.1 trillion in Jan-Sep 2013. The retailer’s gross profit and operating profit also increased...
by Editor | Oct 31, 2013 | Automotive, Industries, News
JAKARTA (Yosefardi) – Tire manufacturer Gajah Tunggal (GJTL) posted net profit of Rp205.64 billion in nine months of 2013, plummeted 74% from the corresponding period of 2012. Gajah Tunggal generated sales revenue of Rp9.1 trillion, down slightly from Rp9.38...
by Editor | Oct 31, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – Composite index of Indonesia Stock Exchange dropped 1.7% to below 4500 this morning, dragged down by blue chip stocks. Bell weather Astra International lost 2.2% before midday break, while Bank Mandiri and BCA down 2.3% and 0.93%...
by Editor | Oct 26, 2013 | Agriculture, News, Resources
JAKARTA (Yosefardi) – The Cibuni tea estate in West Java province produced 655 tons of tea in the third quarter of 2013, an increase of 10.6% from the corresponding period of 2012. Sipef, owner of the estate, said tea production in nine months of 2013 inched up...
by Editor | Oct 26, 2013 | Industries, News, Transportation
SINGAPORE (Yosefardi) – SGX-listed ASL Marine Holdings Ltd confirmed that a 36% associate of the company has met with senior officers of the Indonesia Stock Exchange (IDX) to discuss plans to undertake an initial public offering on IDX. ASL Marine has earlier...
by Editor | Oct 25, 2013 | Industries, News, Steel
HONG KONG (Yosefardi) – Chongqing Iron & Steel Co Ltd, one of the largest steel producers in China, booked net loss of RMB1.7 billion in January-September 2013, extended 45% from the corresponding period of 2012 on squeezed margins. Chongqing reported sales...
