IDX Regains, Regional in Red

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened lower but has regained 0.14% to 4547 this morning while regional markets were in red zone. Asian shares dragged their feet on Tuesday after a healthcare mega-merger failed to...

G-Resources Divests Martabe Mine

HONG KONG (Yosefardi) – G-Resources Group Limited has early this month entered into the sale and purchase agreement with Top Gala and ARS (buyers), as well as SubCo and TopCo in respect of the disposal of G-Resources’ interest in the Martabe Mine and certain of...

Debt Cut Boosts Ultrajaya’s Profit

JAKARTA (Yosefardi) – Consumer player PT Ultrajaya Milk Industry & Trading Company Tbk (ULTJ) continued to post double digit growth in third quarter of 2015 despite slowdown of domestic economy, also supported by debts cut. ULTJ reported 91% jump in net profit to...

IDX Opens Higher 0.4%, Oil Price Below $40

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) opened higher 0.4% at 4581 this morning inline with regional markets. Asian shares got off to a slow start Monday as a holiday in Japan sapped liquidity, while the prospect of more...

IDX Ends Higher 0.94%, Rupiah Strengthens

JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended higher 0.94% at 4561 Friday (Nov. 20) following regional and global markets. World stock markets drifted Friday, as enthusiasm faded over the Federal Reserve’s hint that...