Daily Report | 24 November 2023
Today’s Outlook: • World equity markets added to their best month since the COVID vaccine breakthroughs of late 2020 on
Company Report | [ADRO] Pressure From Falling Coal Prices Continue
Coal Average Selling Price Increase In 9M23, ADRO experienced a 13.2% YoY fall in revenue (IDR 75.3 trillion vs IDR
Company Report | [ITMG] Profits Slide Amid Falling ASP
Coal Average Selling Price Increase ITMG reported a steep decline in both top and bottom line in 3Q23 as revenues fell
Daily Report | 23 November 2023
Today’s Outlook: • Dow Jones and others closed in positive territory on Wednesday (22/11/23) ahead of the Thanksgiving
Company Report | [MTEL] Maintaining Optimal Performance and Growth
Coal Average Selling Price Increase As of 9M23 MTEL posted a YoY +11.9% increase in revenue to IDR 6,273T (9M22: IDR
Company Report | [ICBP IJ] Noodles Sales Still Winning
Coal Average Selling Price Increase ICBP managed to book 9M23 sales growth of 4.9% YoY to IDR 51.3 trillion, followed
Daily Report | 22 November 2023
Today’s Outlook: • The stock market retreated on Tuesday (21/11/23), with the S&P500 and Nasdaq snapping 5
Daily Report | 21 November 2023
Today’s Outlook: • The Dow Jones Industrial Average closed up 0.6%, while the S&P500 jumped 0.8%, and the Nasdaq
Weekly Report | 20 November 2023
Last week review: LOW INFLATION IS BUOYED BY EVIDENCE OF AN ECONOMIC SLOWDOWN. The S&P 500 and Nasdaq gained more
