Market This Week

Another steep decline (8.5%) in the Turkish lira on Friday (August 16) pushed emerging market equities lower and kept other world markets cautious, overshadowing hopes that an upcoming U.S.-China meeting would resolve concerns over trade tariffs, Reuters reported.

Read More

Revisiting Pool Advista

It is interesting to watch the development of trading in small stock like Pool Advista Indonesia (POOL), engaging in portfolio investment business, including stock trading. Among securities firms, investors favored trading in POOL in past few trading days. POOL was traded at Rp4800 at Monday (Aug 13), down 0.2%, with 29.7 million traded valuing Rp143.4 billion. POOL has gained 18.3% this year.

Read More

Market Snapshots & Corporate Actions

Domestic investors opted to sell local stocks on Tuesday (Jan. 9) for realizing short term gains after recent market rally. The composite index of the Indonesia Stock Exchange (IDX) fell 0.19% to close at 6,373 yesterday, but closed off its low of 6,351. Foreign investors, otherwise, kept buying local stocks, for seven consecutive trading days. They booked a net buy of Rp573.55 billion yesterday, bringing year-to-date net buy to Rp1.98 trillion.

Read More
error: Content is protected !!