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July inflation to top 0.55%, statistics bureau says
Central Bureau of Statistics predicts July inflation will exceed 0.55% or higher than June 2011, following the increasing prices of rice, chicken meat and beef. Such inflation trend will occur until August 2011 since Muslims will celebrate Eid ul-Fi.....
Jakarta stocks corrected by 0.39% led by Astra
Jakarta Composite Index was deeply corrected as it was closed at 15.17 points or 0.39% lower to 3,908.96 from 3,924.13 yesterday. The benchmark index moved between 3,890.55 - 3,933.02 with 80 stocks gaining and 136 stocks falling. Among the laggi.....
S&P assigns B rating on Gajah Tunggal's bond
Standard & Poor’s Ratings Services, a financial service agency, today affirmed B on a long-term rating for PT Gajah Tunggal Tbk, the largest integrated tire manufacturer in Southeast Asia, with negative implication for its CreditWatch’s status. .....
IDX revokes Prasidha's trading suspension
Indonesia Stock Exchange revoked PT Prasidha Aneka Niaga's trading suspension. As written on IDX official statement, the PSDN-coded share was suspended on JUly 5 since the share had significant jump in price up to 173.33% to IDR205 per unit from ID.....
Indonesian stocks fall to 3,919.94 at midday break
Indonesian shares declined 0.11% or 4.19 points to 3,919.94 at the midday trading break boosted by profit taking, whilst regional markets moved sideways with Asian stocks consolidating. Jakarta Composite Index (JCI) was moving in the range of 3,906......
Pefindo rates Astra Sedaya's bond idAA
Pemeringkat Efek Indonesia affirmed its "idAA" rating of PT Astra Sedaya Finance's bond Series D year 2009 amounting to IDR84 billion which will fall due on October 2, 2011. Dimas Rizki Aditya and Titan Sjofjan, analysts at PT Pemeringkat Efek Indon.....
Pefindo downgrades Bakrie Telecom's rating to idBBB+
Indonesian credit rating agency Pemeringkat Efek Indonesia downgraded the ratings of PT Bakrie Telecom and its bond I/2007 due in 2012 from "idA-" to "idBBB+". The outlook of the rating is "stable". Niken Indriarsih and Vonny Widjaja, analysts at PT.....
Indonesian shares move sideways, slipping 0.01% at the opening
Indonesian shares moved sideways as profit taking pressure is likely to continue. Global and regional stock markets are still moving in consolidation phase. The emerging Eurozone debt crisis triggered by Portugal’s credit rating cut also added pr.....
Market Watch: Anticipate other correction, buy AALI, PGAS
Jakarta Composite Index may see other correction today after it was closed down yesterday. Indonesian shares dropped 0.74% or 29.39 points to 3,924.13 at the closing session yesterday after moving at the range of 3,905.73-3,958.12. About one share .....
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