JAKARTA (TheInsiderStories) – Here’s several news could affect stock market compiled by our team and Mandiri Sekuritas:
*In order to increase interest in the company go public, the Indonesia Stock Exchange continue to make breakthroughs and innovations. In addition to promising to provide incentives, IDX plans to cut the IPO of 2 to 3 weeks to only one week.
*Bank Indonesia has asked two foreign banks to participate signatory Global Master Repo Agreement (GMRA). The development of the repo market is crucial for the transmission of monetary policy, and it is important to reduce the obstacles or constraints that impede the flow of liquidity between banks.
*PT Indo Commodity corpora Tbk (INCF, Rp280) pocketed a net profit increase of 170.89% to Rp3,63 billion during January-September, 2016. Issuers are re-listed shares in the Indonesian Stock Exchange by the end of this Sep16 achieved total revenue of Rp291,39 billion. These achievements edged down 0.95% compared to the same period the achievement last year of Rp294,07 billion.
*Indonesian palm oil stocks increased significantly for the first time, after more than one half of a downward trend. The increase in Indonesia’s palm oil stocks triggered by the rising production and at the same time Indonesia’s palm oil exports weakened. According to data from the Indonesian Palm Oil Association (Gapki), exports of palm oil (CPO and its derivatives) Indonesia including biodiesel and oleochemical September decreased 15.5% compared with August, or from 2.23 million tons in August fell to 1.89 million ton in September.
*PT PP Property Tbk (PPRO, Rp1.265) targeting the pre-sales of as much as 1 trillion from the sale Caspian Tower at Grand Sungkono Lagoon project, Surabaya. Unit in that apartment now been marketed and are already booked as much as 60% of the total 560 units on sale. Meanwhile, the price per meter persergi priced Rp25 million.
*PT Delta Dunia Makmur Tbk (DOID, Rp474), through its subsidiary, was awarded a contract of additional projects with a contract value of Rp 3.8 trillion. Its main subsidiary, PT Bukit Makmur Mandiri Utama (BUMA) signed a supplementary contract mining services for the rest of mine with PT Tadjahan Antang Mineral (TAM) Rp3 , 8 trillion.
*PT Citra Marga Nusaphala Persada Tbk (CMNP, Rp1.625) intends to raise capital through a scheme of rights issue. CMNP based publication, published Thursday (11/10/2016), shareholders who exercised booked in advance terelbih effect required to buy the mandatory convertible bond.