Daily Report | 17 March 2023

A strong rebound on financials helped Wall Street’s three indexes to post solid gains of over 1% on Thursday (16/03/23), with the Nasdaq leading the way at 2.48%. Several US financial institutions came together to bail out First Republic Bank by USD 30 billion to save the bank from the downfall that occurred to SVB & Signature Bank.

US Treasury Yields and Eurozone Bonds Tumbled on Wednesday Trading

US Treasury yields and Eurozone bonds tumbled on Wednesday trading (03/15/23) with the latest concern from the banking sector regarding Credit Suisse’s largest investor said that it could not provide the Swiss bank with more financial assistance and increase its stake above 10%.

Daily Report | 16 March 2023

Renewed unease gripped the world market on Wednesday (15/03/23) as news that Credit Suisse’s largest investor said it could not provide the Swiss bank with more financial assistance and increase its stake above 10%.

Information of PT Multi Makmur Lemindo Tbk (PIPA) IPO

Perseroan berdiri pada tahun 2005 diawali dengan produksi dan perdagangan Lem Pipa. Seiring dengan perkembangan yang cukup pesat di tahun 2012 Perseroan berfokus pada kegiatan usaha produksi dan distribusi pembuatan pipa dengan bahan dasar PVC (polymer vinyl chloride) beserta dengan produk turunan dan produk bahan bangunan lainnya.

Information of PT Trimegah Bangun Persada Tbk (NCKL) IPO

Perseroan adalah perusahaan nikel murni dengan kemampuan hulu dan hilir dengan pengalaman operasional lebih dari 10 tahun di Pulau Obi, Indonesia. Menurut AME Mineral Economics Pty Ltd (“AME”), berdasarkan ekspektasi produksi volume nikel tambang Perseroan pada tahun 2022, Perseroan diharapkan menjadi emiten produsen nikel murni terbesar di Indonesia dibandingkan perusahaan tambang nikel tercatat lainnya di Indonesia yang merupakan perusahaan tambang terdiversifikasi yang juga memproduksi komoditas lainnya.

Daily Report | 15 March 2023

US stock indexes bounced concurrently, with the Nasdaq leading the gains of more than 2%, as investors’ fears over the Silicon Valley Bank and Signature Bank were eased after US President Joe Biden and other global policymakers vowed the crisis would be contained.

Mixed Sentiments in The Stock Markets Emerged

Mixed sentiments in the stock markets emerged as investors weighed up a sharp drop in Treasury yields amid bets of a less agressive Federal Reserve as the Silicon Valley Bank turmoil shook the US banking sector.

Daily Report | 14 March 2023

Dow Jones and S&P500 resumed weakness with a range of 0.1%-0.3%, while the Nasdaq posted a 0.5% gain, as investors weighed up a sharp drop in Treasury yields amid bets of a less aggressive Federal Reserve as the Silicon Valley Bank turmoil shook the US banking sector.