Elnusa Expects to Book Rp325 Billion Profit

JAKARTA (Yosefardi) – PT Elnusa Tbk (ELSA), oil and gas supporting services company, expects to book net profit of Rp325 billion this year with net profit margin growing 15%. The company has gained US$86 million seismic project for 2 years period which serves higher...

November 2015 Inflation 0.21%

JAKARTA (Yosefardi) – Central Bureau of Statistics (BPS) revealed on Tuesday (December 1) that November 2015 inflation was 0.21%, compared to 0.08% deflation in October 2015 and 0.05% deflation in September 2015. November inflation was the lowest for the past five...

IDX Opens Higher 1.5% inline with Regional

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 1.5% at 4514 this morning inline with regional markets. Asian shares edged up on Tuesday, as investors awaited Chinese factory surveys later in the session amid persistent...

IDX Drops 2.5%, Rupiah Weakens

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) dropped 2.5% to close at 4446 Monday (November 30) inline with global markets. Global stock markets mostly ended lower Monday as investors looked ahead to this week’s public...