Market Update: Indonesian Shares Trade Higher. LQ45 Gains More Than 1% • Indonesian stocks were higher on Tuesday. Indonesia’s economic fundamentals remain sound amid the turbulent global economy, President Joko Widodo said in an annual address to parliament Tuesday....
Market Update: Equity Markets Rally on U.S. Inflation Data • Indonesian stocks advanced amid rally in global markets as U.S. inflation cooled. • U.S. Consumer prices rose 8.5% in July compared to the same period a year ago, a slightly better result than the 8.7%...
Market Update: JCI extend rally and rupiah climbs Retail sales in Indonesia grew by 4.1% year-on-year in June 2022, faster than a 2.9% rise a month earlier which was the softest pace in eight months. U.K. retail sales rose 1.6% in July, buoyed by a heatwave and sales...
Market Update: JCI Ends Higher, Global Shares Under Pressure • Indonesian stocks edged up despite losses in global markets on fears over slowing economy and U.S.-Chino tension. • Asia and Europe stocks continued a decline from Wall Street on Tuesday, and U.S....
Market Update: Stocks Edge Higher Following Fed’s Decision; Rupiah Recovers • Stocks in Asia were mostly higher on Thursday following the U.S. Federal Reserve’s decision to raise rates by 75 basis points to fight inflation. • In the meantime, European shares came off...
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