- Barrons.com•3 months ago
Indonesian stocks have tumbled amid the Trump-fueled selloff in emerging markets and that’s provided an attractive opportunity to buy companies with solid earnings growth on the cheap. Stocks in Southeast Asia’s largest economy may have fallen short of analysts’ expectations for earnings growth in the second half, but increased government funding for infrastructure and rising consumer spending are expected to bolster earnings growth over coming quarters. Indonesia’s benchmark Jakarta Composite is down 3% from its highs in early November, but investors need to be selective about where they allocate fresh capital.
- Reuters•last year
SINGAPORE/JAKARTA, Dec 11 (Reuters) - Indonesia's Salim group, headed by the country's third-richest man Anthoni Salim, is raising $1 billion from a group of private equity firms including Northstar Group and TPG partly to repay debt, two people with knowledge of the matter said. Gateway Management, a Singapore-based fund backed by former Standard Chartered bankers, will also participate in the fundraising, which will be backed by Salim Group's Hong Kong-listed investment firm First Pacific Co Ltd, the sources said, declining to be named as the matter remained confidential. The financing is structured to give investors access to shares in Salim Group companies including Indomaret, a minimarket operator owned by PT Indomarco Prismatama, the sources said.
- TheStreet.com•last year
El Nino, a weather pattern formed when the Pacific ocean warms, could impact two major food stocks in Southeast Asia.
INDF.JK : Summary for Indofood Sukses Makmur Tbk. - Yahoo Finance
Indofood Sukses Makmur Tbk. (INDF.JK)
Jakarta - Jakarta Delayed Price. Currency in IDR
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|Day's Range||7,975.00 - 8,150.00|
|52 Week Range||6,500.00 - 9,200.00|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|