Perseroan didirikan pada tahun 1984 dengan spesialisasi di bidang pondasi (foundation), perbaikan tanah ((ground improvement), konstruksi dermaga (marine and jetty construction), pengangkatan berat (heavy lift) dan penyewaan crane (crane rental).
The rise in US stock indices can be said to create a January Barometer that signalled an upbeat year, starting with the S&P 500 rising 6.2% in January (close to a 5 month high) with 7.7% YTD (vs minus 19.4% last year, which was the worst decline since 2008).
After the US Labor Department reported the economy added 517,000 jobs in January (almost three times what was expected), making investors recalibrate expectations over how hawkish the Fed may need to be in its efforts to rein in inflation as markets will be closely watching an appearance by Fed Chair Jerome Powell on Tuesday.
All three major US indexes ended lower last Friday, although the week’s performance was still impressive for the S&P 500 and Nasdaq, which rose 1.6% and 3.3%, respectively; while the Dow slipped 0.15%.
The dollar falls to a nine-month low and Treasury yields ease after the Federal Reserve signals the end is near for the current rate hiking cycle, after raising the benchmark interest rate by 25 bps to 4.50%-4.75%.
A gauge of global stocks climbed for a third straight day, the S&P and Nasdaq rallied 1.5% and 3%, respectively, as policy announcements from a host of central banks added to optimism that the cycles of interest rate hikes might be near an end.
Federal Reserve chair Jerome Powell set a 25 bps benchmark rate hike, bringing the FFR to a range of 4.5%-4.75%, the highest level since 2007. The Fed also acknowledged that inflation was starting to ease and disinflation had started to happen but still emphasized that the interest rate be increased further and remain elevated at least through 2023 (between 5%-5.25% as per December projections); without derailing the “modest” economic growth and “robust” job gains.
The S&P 500 and Nasdaq closed sharply higher by posting significant gains of 1% and 2%, respectively, after Federal Reserve chair Jerome Powell set a 25 bps benchmark rate hike, bringing the FFR to a range of 4.5%-4.75%, the highest level since 2007.
Perseroan merupakan perusahaan penyedia jasa konsultasi pengembangan bisnis dan pemanfaatan teknologi yang Berdasarkan Akta No. 129/2022, menjalankan usaha di bidang: (i) periklanan; (ii) aktivitas desain khusus film, video, program TV, animasi dan komik. dll.
