Showing posts with label finance news. Show all posts
Showing posts with label finance news. Show all posts

AFC Surpasses $1 Billion in Revenue: Landmark Projects Drive Growth Across Africa

Lagos, Nigeria — Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has announced its strongest financial performance to date, with total revenue for the year ended 31 December 2024 surpassing US$ 1 billion for the first time in the Corporation’s history.

This record performance marks a significant milestone in AFC’s mission to close Africa’s infrastructure gap through scalable, de-risked investments that attract global capital and deliver tangible development outcomes. The Corporation posted a 22.8% increase in total revenue to US$1.1 billion and a 22.3% rise in total comprehensive income to US$400 million, up from US$327 million in 2023.

AFC’s earnings growth was driven by improved asset yields, prudent cost-of-funds management and sustained traction in advisory mandates.

Further significant financial highlights include:

– Net interest income up 42.5% to US$ 613.6 million

– Fee and commission income rose to US$109 million, the highest in over five years

– Operating income climbed 42.7% to US$709.7 million

– Total assets reached a record US$14.4 billion, a 16.7% year-on-year increase

– Liquidity coverage ratio strengthened to 194%, providing over 34 months of cover

– Cost-to-income ratio improved to 17.3% from 19.6% in 2023

Throughout 2024, AFC continued to scale its impact by mobilising capital for landmark projects across energy, transport, and natural resources. These included the Lobito Corridor – a cross-border railway development spanning Angola, the Democratic Republic of Congo (DRC), and Zambia. AFC led the initiative to secure a concession agreement within one year of the initial Memorandum of Understanding (MoU), an unprecedented achievement for a project of its scale. In the DRC, AFC also invested US$150 million in the Kamoa-Kakula Copper Complex, Africa’s largest copper producer and one of the most sustainable globally, thanks to its high-grade ore and renewable-powered smelter.

Other milestones transactions included financing support for the commissioning of the Dangote Refinery, the largest in Africa, and continued progress on AFC-backed Infinity Power Holding’s 10 GW clean energy ambition, with power purchase agreements secured in Egypt and South Africa. AFC also invested in the 15GW Xlinks Morocco-UK Power Project, providing US$14.1 million to support early-stage development of a transcontinental renewable energy pipeline between North Africa and Europe.

AFC bolstered its financial position and broadened its investment community via multiple significant financing efforts. This encompassed a US$ 1.16 billion syndicated loan — the biggest in its record so far, a US$500 million perpetual hybrid bond issuance, along with the smooth launch of Nigeria’s inaugural local currency-denominated dollar bond, attracting US$900 million demand, over-subscribed by 180%. Additionally, after an absence of eight years from this sector, AFC revisited the realm of Islamic finance, successfully securing a US$400 million Shariah-compliant facility.

In that same period, significant progress was observed in equity fundraising activities, amassing $181.8 million from ten institutional investors. Among these were notable entities such as Turk Eximbank — which marked AFC's very first non-African sovereign investor — BADEA (the Arab Bank for Economic Development in Africa), along with various prominent pension funds hailing from countries like Cameroon, Seychelles, Mauritius, and South Africa. The credibility of AFC remained unshaken as rating agencies confirmed its solid financial standing through top-tier assessments; this includes AAA ratings awarded by both S&P Global (China) and China Chengxin International, alongside a steady A3 outlook issued by Moody’s.

These findings clearly indicate that targeted investments in African infrastructure generate significant long-term benefits for all stakeholders involved, including investors," stated Samaila Zubairu, President & CEO of AFC. "In 2024, we surpassed the one-billion-dollar revenue threshold, implemented transformative initiatives, and bolstered our fiscal strength, showcasing how our distinctive approach—which harmonizes social impact with operational excellence—can drive Africa’s economic advancement.

Provided by Syndigate Media Inc. ( Syndigate.info ).

Bang Si-hyuk of Hybe Leads Stock Gains Among Korean Tycoons in Q1

In the first quarter of this year, Bang Si-hyuk, who heads the influential K-pop label Hybe, saw the most significant increase in wealth among South Korea’s leading entrepreneurs. From January through March, his assets grew by an impressive 515.5 billion won, outpacing even well-known magnates like Samsung Electronics Chair Lee Jae-yong. Recognized as a prominent corporate figure only recently, Bang profited greatly due to Hybe’s soaring share price; he holds a substantial stake (31.57%), buoyed by anticipation surrounding BTS’s complete comeback following their discharge from mandatory military duty expected in June.

The leading business figures from South Korea experienced varied outcomes in the initial quarter of this year due to political unrest and fluctuations in international markets causing jitters among investors. The Korea CXO Institute published a report on April 9th which highlighted industrial transformations and residual impacts stemming from former U.S. President Donald Trump's trade policies as significant influences.

In the top five following Bang were Samsung's Lee Jae-yong, Hanwha Chairman Kim Seung-yeon, CJ Chairman Lee Jay-hyun, and Kakao founder Kim Beom-su.

Billionaires associated with fast-growing industries like defense, semiconductors, and entertainment experienced significant increases in their wealth, whereas those involved in biotechnology and automotive sectors faced declines due to market adjustments.

According to the KFTC, the report examined the stock values of 43 conglomerate leaders who held personal stakes worth over 100 billion won each as of late March. The total value amounted to 57.74 trillion won, which represents a minor decrease of 0.3% compared to the initial figure of 57.92 trillion won recorded at the beginning of January. In this period, 27 individuals experienced an uptick in their wealth, whereas 16 faced declines.

Lee Jae-yong experienced the second-biggest increase, with his assets rising by 321.3 billion won. As of the end of March, his share value stood at 12.23 trillion won, marking a rise of 2.7% since January. In March, he momentarily slipped behind Meritz Financial Group Chairperson Cho Jung-ho but reclaimed the title of South Korea’s leading shareholder due to an uptick in semiconductor stocks. The evaluation placed Lee approximately 3% above Cho, who had accumulated wealth totaling around 11.92 trillion won. Nonetheless, Cho did not feature in the rankings because he isn’t formally recognized as a conglomerate leader by the KFTC.

Hanwha's Kim Seung-yeon saw an increase of 237.6 billion won due to the company becoming a significant player in the defense sector, fueled by rising global military expenditures after President Trump took office. Nevertheless, his share value is anticipated to drop significantly because he intends to transfer a substantial part of his equity holdings to his three offspring, one of whom is Vice Chairman Kim Dong-kwan. This transition is set to occur on April 30th.

Lee Jay-hyun of CJ Group saw an increase of 232.1 billion won, largely due to growing anticipation for the unlisted cosmetics retailer Olive Young. Meanwhile, Kim Beom-su of Kakao Corporation accumulated an additional 172.1 billion won; however, he has withdrawn from active management following his recent diagnosis of early-stage bladder cancer earlier this month.

Prabowo Ungkap Pernah Khawatir IHSG Anjlok Akibat Program Makan Bergizi

JAKARTA, - Indeks Harga Saham Gabungan pada hari ini, Selasa (18/3/2025), jatuh sebesar 5%, yang berakibat Bursa Efek Indonesia menangguhkan aktivitas perdagangan saham secara sementara mulai pukul 11:19 WIB.

Setelah diberhentikan selama 30 menit, aktivitas perdagangan kembali dilanjutkan. Namun, IHSG malah anjlok lebih dalam lagi. Akibatnya, di awal sesi perdagangan hari Selasa tersebut, indeks tutup dengan penurunan sebesar 6,12% mencapai angka 6.07.

Terkait situasi pasar saham Indeks Harga Saham Gabungan (IHSG), Presiden Prabowo Subianto menyebutkan bahwa dia pernah merasakan tekanan terkait ancaman penurunan IHSG ketika mencetuskan ide tentang program pangan bernutrisi gratis untuk rakyat.

Pernyataan itu disampaikan pada upacara pembukaan Sidang Tanwir dan Pesta Ulang Tahun ke-112 Muhammadiyah di Kupang, NTT, Rabu (4/12/2024).

"(Mereka mengatakan) 'Pak, karena ide tentang pangan sehat maka nilai indeks saham menurun.' Saya menjawab kepada mereka bahwa, 'Beritahu saja, saya tidak memiliki saham,'" ungkapnya, demikian dilaporkan dalam tayangan YouTube Sekretariat Presiden.

Pemimpin negara itu juga menekankan bahwa warga di pedesaan, keluarganya bisa mengambil manfaat dari program makanan bernutrisi gratis, tak mempunyai saham.

Oleh karena itu, penurunan IHSG tersebut tidak dirasakan secara langsung oleh masyarakat pedesaan.

"Penduduk di pedesaan tak memiliki saham, kan? Jika saham merosot, para pelaku pasar modal lah yang terkena dampaknya. Siapakah yang mengoperasikan bursa ini—para menteri saja akui dong? Sepertinya begitu menurut Fahri Hamzah," ujar Prabowo.

Selanjutnya, Prabowo menganggap bahwa penduduk pedesaan biasanya membandingkan aktivitas trading saham dengan perjudian. Menurutnya, individu kecil yang berpartisipasi di bursa saham lebih rentan untuk merugi.

"Saya ingin sampaikan, bermain saham bagi orang yang tidak memiliki modal besar umumnya akan mengalami kerugian, ini sebenarnya mirip seperti perjudian," jelas Prabowo.

"Pemenangnya adalah bandar yang besar dan kuat, begitu bukan? Maksud saya, Pak Trenggono (menteri KP) itu hanya untuk acara-acara formal hehehe. Bisa jadi Pak Trenggono memiliki algoritme sendiri," ujarnya.

Prabowo pun menyebutkan bahwa penurunan indeks harga saham gabungan (IHSG) merupakan salah satu tantangan yang dihadapi ketika merancang program makan bernutrisi secara cuma-cuma.

Prabowo menyatakan bahwa dirinya kerap kali menjadi objek ejekan dan tawa ketika mempromosikan ide-idenya, seperti usahanya dalam mendirikan sebuah pemerintahan tanpa korupsi serta menyelesaikan masalah kemiskinan dan kelaparan di Indonesia.

"Kenapa? Ingin memberikan makanan yang bernutrisi? Hahahaha, mereka tertawa." Kata dia. "Di awal mereka malah mencemoohku dan aku tahu bahwa mereka sedang mengintimidasiiku, kuketahui kalau ancamannya adalah penurunan harga saham indeks. Pada beberapa hari pertama saat ide tentang pemberian makanan bergizi itu muncul," ungkapnya. (Fika Nurul Ulya, Bagus Santosa)

Bitcoin Surges as Stocks Plunge $3.5T in Trump's Tariff War and Fed’s Inflation Warning

On April 4, as stock markets declined for the consecutive day, U.S. Federal Reserve Chairman Jerome Powell said The Trump administration’s “reciprocal tariffs” might considerably impact the economy, possibly resulting in "increased inflation and reduced growth."

At a conference on April 4, Powell adopted a careful stance and warned that tariffs might cause inflation to surge "in the upcoming quarters," which would complicate the Federal Reserve’s aim of achieving a 2% inflation rate. This comes only months after indications suggested potential interest rate reductions were expected for a smooth economic transition. As Powell stated,

Although tariffs are very likely to cause a short-term increase in inflation, it is also plausible that these effects might last for a longer period.

Just moments before Powell gave his speech, US President Donald Trump was present. called posted on Truth Social urging the Fed chair to "LOWER INTEREST RATES," criticizing Powell for always being "too slow."

At present, the Federal Reserve has a crucial decision to make: whether to halt further decreases in interest rates for the remainder of the year or to swiftly implement additional cuts should the economy exhibit indications of deterioration. Despite the acknowledgment from Fed officials that the current economic situation is favorable, Powell indicated that this might not remain the case.

It's too early to determine the suitable course for monetary policy.

On April 4, the unemployment rate climbed to 4.2% in March from 4.1% in February; however, conversely, non-farm payrolls for March surged by an impressive 228,000 jobs, surpassing projections and bolstering evidence of economic resilience. Additionally, the Consumer Price Index (CPI) saw a rise of 2.8% year-over-year in March, with more recent figures scheduled for release on April 10.

These numbers underscore a robust job market yet persistent worries over inflation, which echoes Powell’s caution regarding possible effects of tariffs.

Related: Bitcoin supporters rally at $80K resistance as 'World War 3 of trade wars' decimates US stock market

Powell’s warning about increasing inflation and decelerating economic growth occurred on the same day that the Dow plummeted by 2,200 points and experienced a 10% decline over two days in the S&P 500. This information comes from X-based market resource 'Watcher Guru'. announced that,

Today, the U.S. stock market saw a loss of $3.25 trillion, whereas the cryptocurrency market gained an additional $5.4 billion.

Bitcoin may experience additional fluctuations.

Many investors expect that in the near future, Bitcoin will (BTC) might witness an increase in price fluctuations. Powell’s comments regarding tariffs causing "increased inflation" and potentially "greater unemployment" could unsettle conventional market participants, leading them to shift towards Bitcoin as a safer haven.

Actually, experts have noted that the BTC price seems to be "diverging" from the recent decline in stock markets. Despite Bitcoin reaching a 9-day peak on April 2 prior to President Trump unveiling his "reciprocal tariffs" on what was termed "Liberation Day," the price dropped significantly after these tariffs were announced during a White House briefing.

Following that, Bitcoin has consistently remained above the $82,000 mark. When US equity markets plummeted on April 4th, BTC surged to $84,720, showcasing price behavior that deviates from typical patterns.

The independent market analyst Cory Bates shared the aforementioned chart. said ,

Bitcoin is becoming independent right before our eyes.

As China responds with 34% tariffs on U.S. products and President Trump urges Powell to reduce interest rates, increased market instability might drive up Bitcoin's value as a safeguard against economic unpredictability.

In 2018, during the U.S.-China trade conflict, the price of Bitcoin did not witness an overall gain throughout the year. Nevertheless, it showed significant fluctuation and saw a surge of around 15% as tensions heightened in mid-2018. This was triggered by the imposition of tariffs on Chinese products by the U.S. in July, which led to subsequent counteractions from China.

Connected: Bitcoin sentiment has dropped to its lowest point in 2023; however, a 'risk on' climate might arise to ignite aBTC price surge.

The content of this article neither offers nor suggests financial investments or strategies. Any form of monetary investment carries risks, thus viewers should perform independent investigations before reaching decisions.

Pastikan: Utang Pokok dan Denda Pajak Kendaraan di Banten Resmi Dilunasi Sejak Tanggal Ini

Penyelesaian Hutang Utama dan Denda Pajak Kendaraan di Banten Dipastikan Sejak Tanggal Ini

Penyelesaian, Tagihan Utama dan Denda Pajak Kendaraan di Banten Dipandang Sebagai Pelunasan Mulai Tanggal Ini

Gubernur Banten, Andra Soni secara resmi akan mencabut kewajiban membayar pokok dan denda pajak kendaraan bermotor bagi mereka yang telat dalam pembayaran mulai dari tanggal tersebut.

diwida.news/ News

Irsyaad W 3 April, pukul 07.45 3 April, pukul 07.45

diwida.news - Tetapkanlah, Gubernur Banten, Andra Soni bakal melaksanakan amnesti pajak untuk kendaraan bermotor.

Bukan hanya membatalkan denda pajak, tetapi juga menetapkan bahwa utang pokok dan denda pajak kendaraan dianggap terbayar bahkan jika sudah tertunda selama bertahun-tahun.

Terkait dengan masa berlaku, program ini dijadwalkan akan berlangsung dari 10 April sampai 30 Juni 2025.

Kejelasan tersebut muncul setelah disetujuinya Surat Keputusan Gubernur Nomor 170 Tahun 2025 mengenai Penghapusan Pokok dan Denda Pajak Kendaraan Bermotor.

"Implementasi ini bisa dimulai dari tanggal 10 April hingga 30 Juni 2025. Oleh karena itu, agar warga negara dapat memperoleh manfaat tersebut cukup dengan membayar pajak tahun fiskal yang sedang berlangsung," ungkap Andra saat ditemui oleh jurnalis di gedung nasional pada malam hari, (27/3/25), sebagaimana dikutip Kompas.com.

Menurut Andra, pelaksanaan amnesti pajak untuk kendaraan bertujuan membantu masyarakat mengatasi masalah terkait pajak mereka dan meningkatkan ketaatan wajib pajak.

Di samping itu, menurut Andra, hal ini juga bertujuan untuk mengurangi bebannya para anggota komunitas berpendapatan rendah setelah Lebaran serta ketika masa pembukaan tahun ajaran baru.

"Anda juga menyebutkan bahwa pastinya kita perlu mencoba membersihkan data, mengingat tunggakan pajak ini masih berlanjut dan kita harus mengevaluasi kembali kendaraan-kendaraan yang sudah usang atau tak digunakan lagi, demikian seterusnya," jelas Andra.

Andra menyatakan bahwa menurut data yang dikeluarkan oleh Badan Pendapatan Daerah (Bapenda) Provinsi Banten, jumlah piutang pajak untuk kendaraan bermotor seperti mobil dan sepeda motor telah mencapai angka Rp 700 miliar untuk lebih dari 2 juta unit.

"Berkaitan dengan hal tersebut, kepada masyarakat agar memanfaatkan kebijakan ini dan semoga dapat dieksekusi atau diterima secara positif," ungkap Andra.

Menurut salinan Keputusan Gubernur No. 170, aturan mengenai penghapusan modal dasar atau denda pajak untuk kendaraan bermotor ditetapkan sebagaimana dijelaskan seperti berikut:

1. Penghapusan utang dasar dan denda serta pengenaan sanksi pada pajak Kendaraan Bermotor ditawarkan bagi para pemegang kewajiban pajak yang belum menyelesaikan pembayaran pajak Kendaraan Bermotor antara awal tahun 2024 hingga sebelumnya, sedangkan untuk mereka yang melunasi di masa pajak tahun 2025 hingga 2026.

2. Penghapusan sanksi pajak Kendaraan Bermotor diberikan kepada Wajib Pajak untuk Tahun Pajak 2025.

Penangguhan dasar atau denda pajak kendaraan bermotor tidak berlaku untuk wajib pajak yang mentransfer status ke luar Provinsi Banten.

Copyright diwida.news2025

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Top Analyst Warns: Ethereum Faces Epic Crash as Investors Flock to MAGACOIN FINANCE

Cryptocurrency analyst Ali Martinez has sounded warnings regarding Ethereum’s (ETH) prospects compared to Bitcoin (BTC), forecasting a significant downturn on April 4, 2025. Martinez highlights bearish formations on Ethereum’s monthly ETH/BTC chart, particularly pointing out a double-top or M formation, indicating an anticipated plunge of around 91%. Should this occur, Ethereum might plummet to approximately 0.0020 BTC from its present level of 0.02205 BTC, equating to roughly $1,866 based on Bitcoin priced at $84,600 per coin, following recent market dynamics. Additionally, the lack of substantial investor interest—referred to as 'whales' in crypto parlance—is seen as diminishing trust, driving some investors toward alternative options such as MAGACOIN FINANCE amidst Ethereum’s impending challenges.

Bitcoin's Struggle: Warning Signs of a Death Cross

Martinez also talked about Bitcoin, pointing out that its recent decline has pushed it beneath both the 200-day and 50-day moving averages, which have since become resistance levels at $86,200 and $88,300 respectively. By April 4, 2025, Bitcoin was trading at $84,600, marking a decrease of 5% over the previous seven days, with an approximate daily trade volume of $32 billion based on online statistics.

Martinez has cautioned that if the asset fails to surpass these levels, it may result in a "death cross," indicating a bearish trend with potential for further decline, potentially pushing the asset down to around $80,000 according to predictions made by Geoff Kendrick from Standard Chartered. The stabilization of Bitcoin’s market capitalization at approximately $1.6 trillion signals steady conditions within the market; however, concerns arise due to its limited circulating supply of 19 million units. Amidst uncertainties surrounding both Bitcoin and Ethereum, investors are seeking out fresh avenues to avoid the volatility plaguing the current markets.

MAGACOIN Finance’s Key Turning Point: Aiming for $1

While Bitcoin and Ethereum face challenges from bearish trends, MAGACOIN FINANCE stands out as an attractive choice for investors, targeting a value of $1 per token by 2025. During its presale on April 4th, it managed to raise around $5 million; specifically, Stage 6 concluded quickly after selling out at $0.000266 before reaching a listing price of $0.007, ensuring the anticipated 2,500% return on investment. Financial experts forecast a substantial increase up to 14,185%, pushing the asset toward $1, translating into potential returns where a $100 investment might yield approximately $142,000. This initiative benefits from backing by over 50,000 supporters, including roughly 10,000 new members weekly across 30 nations, alongside receiving validation through audits conducted by Hashex. Currently, Stage 7 is nearing completion with only 10% remaining unsold within just a few days. Social media activity suggests growing whale participation similar to what's observed with Ethereum but potentially more lucrative. Additionally, MAGACOIN FINANCE aims to capitalize on Ethereum’s current difficulties via their innovative DeFi lending strategy, positioning itself as a promising growth opportunity.

Ethereum's Plunge Versus MAGACOIN's Surge: An Evolving Landscape

The possibility of Ethereum plummeting by around 91%, dropping to about 0.0020 BTC—coupled with Bitcoin facing resistance near $88,300—is painting an unfavorable outlook for these major cryptocurrencies. With over $1.42 billion worth of large transactions being offloaded in the Ethereum marketplace and Bitcoin seeing volumes surpass $32 billion, many are becoming wary. Meanwhile, MAGACOIN FINANCE stands out as a promising option; within just three months, it managed to raise $5 million during its presale phase. As traders abandon Ethereum due to its bearish "M" formation, they view MAGACOIN FINANCE's projected value reaching $1 as a prime investment chance, reminiscent of how Dogecoin performed earlier in 2021. Amidst volatility in both Bitcoin and Ether markets, MAGACOIN FINANCE provides what appears to be the most appealing exit strategy amid today’s turbulent conditions.

Why Investors Are Bailing Out Right Now

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As Ethereum experiences an 82% decline and Bitcoin remains under $88,300, MAGACOIN FINANCE’s target of reaching $1 presents investors with a substantial potential return of up to 14,185%. The massive sale of 760,000 tokens for ETH along with the bearish "death cross" indicator for BTC pale in comparison to the looming 90% sell-off phase seven event for MAGACOIN FINANCE—jump into this opportunity now:

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Wall Street Hijau, Investor Menyambut Tarif Baru Trump

Indeks Bursa Wall Street di Amerika Serikat berakhir menguat pada hari Rabu (2/4). Meski sempat turun di awal sesi, akhirnya indeks tersebut rebound dan meningkat. Hal ini terjadi lantaran para investor memodifikasi taktik investasi mereka menyusul deklarasi tariff besar-besaran yang akan diumumkan Presiden AS Donald Trump.

Setelah penutupan bursa, Trump memulai pengumuman tentang keputusan tariff-nya. Ini menimbulkan dampak negatif pada kontrak berjangka S&P 500 serta Nasdaq yang keduanya merosot sebesar 1,6% dan 2,4%. Pergerakan tersebut mencerminkan ketidaknyamanan investor terkait dengan proposal tarif baru-baru ini milik Trump. Keadaan ini memberi sinyal bahwa di awal sesi dagang esok hari Kamis, indeks saham Amerika Serikat cenderung akan tertekan.

Di samping itu, Trump menerbitkan kebijakan tariff yang meluas, di antaranya adalah pemberlakukan bea masuk sebesar 10% pada semua barang impor ke Amerika Serikat bersama dengan tambahan tariff kepada beberapa negara partner perdagangan penting. Kecemasan tentang ketidaktentuan mengenai tarif tersebut beserta efeknya terhadap ekonomi dunia, laju inflasi, serta penghasilan korporasi semakin memperburuk fluktuasi pasar dalam beberapa minggu belakangan ini.

Indeks Volatilitas CBOE (.VIX), yang merupakan penunjuk keragu-raguan di Wall Street, masih bertahan di posisi teratas sejak akhir Maret. Sejumlah bea seperti besi tulang, alumunium, serta produk otomotif sudah diberlakukan lebih awal, sedangkan detail dari keputusan mengenai bea masuk tersebut disampaikan oleh Trump saat sesi di Taman Rosen Gedung Putih pada jam 16:00 ET (23:00 WIB).

  • Donald Trump Secara Resmi Mengumumkan Peningkatan Tarif Impor, Indonesia Terdampak 32%

Christopher Wolfe, yang menjabat sebagai Presiden dan Kepala Investasi di Pennington Partners & Co, menjelaskan bahwa pernyataan Trump memiliki dampak signifikan karena bisa memengaruhi keputusan kebijakan serta bagaimana perusahaan-perusahaan Amerika Serikat bereaksi terhadap kondisi pasar.

"Be ban yang kami semuanya alami saat ini," ujar Wolfe seperti dilaporkan Reuters pada hari Kamis (3/4).

Mendekati pidato Trump, Wolfe menyebutkan bahwa reaksi pasar akan bergantung pada cara para investor menilai kebijakan tersebut. Mereka mungkin memandangnya sebagai strategi ekonomi yang matang atau sebaliknya, peraturan tariff yang tak tentu arah dan dapat memiliki dampak negatif.

Sebelum Trump merilis keputusannya, saham di bursa utama Wall Street menunjukkan pertumbuhan. Indeks Dow Jones Industrial Average (DJI) melonjak sebesar 235,36 poin atau 0,56%, mencapai angka 42.225,32. Sementara itu, S&P 500 (SPX) juga naik dengan tambahan 37,90 poin hingga berada di posisi 5.670,97, yang setara dengan kenaikan 0,67%. Sedangkan Nasdaq Composite (IXIC) tumbuh signifikan dengan peningkatan 151,16 poin atau 0,87% menjadi 17.601,05. Penguatan tersebut didorong oleh performa baik dari perusahaan-perusahaan teknologi terkemuka pada hari tersebut.

Saham Tesla naik tajam 5,3% usai laporan politico menunjukkan bahwa Trump berkomentar pada menteri-menternya serta orang-orang terdekatnya bahwa Elon Musk, yang merupakan Chief Executive Officer Tesla juga mitra kerjanya, berencana untuk meninggalkan jabatannya dalam lingkup pemerintahan tersebut.

Berita ini berhasil mengangkat kembali nilai saham Tesla yang tadinya merosot karena adanya laporan tentang penurunan pengiriman mobil sebesar 13% di kuarter awal. Peningkatan ini mendorong indeks consumer discretionary (.SPLRCD) untuk melonjak 2%, menjadi sektor dengan performa terbaik dalam 11 sektor S&P. Akan tetapi, harga saham Tesla turun saat Presiden Trump memberi pidato.

Dari kelompok Magnificent Seven, saham Amazon.com bertambah 2% setelah beredar kabar jika perusahaannya sedang berniat untuk mengakuisisi platform video singkat TikTok.

Dari perspektif ekonomi, angka-angka menunjukkan peningkatan upah sektor swasta di Amerika Serikat pada bulan Maret. Di samping itu, pemesanan baru untuk produk-produk manufaktur naik tajam di bulan Februari, mungkin disebabkan oleh perusahaan yang berusaha memesan lebih cepat sebelum aturan tariff terbaru diterapkan.

Saat ini, perhatian investor tertuju pada laporan penggajian nonpertanian yang akan dirilis serta pidato Ketua Federal Reserve, Jerome Powell pada hari Jumat. Data ini diharapkan memberikan gambaran tentang kondisi ekonomi AS dan kemungkinan arah kebijakan suku bunga.

Sebelumnya, para pemain di pasar mengantisipasi Federal Reserve akan menurunkan tingkat suku bunganya sebanyak tiga kali pada tahun ini. Akan tetapi, potensi kenaikan inflasi akibat dari keputusan tariff baru-baru ini telah menjadikan perkiraan tersebut tidak lagi pasti.

Volume perdagangan di bursa AS berada di angka 15,94 miliar saham, yang sedikit melebihi rata-rata 15,86 miliar saham selama 20 sesi perdagangan sebelumnya.

Wall Street Hijau, Investor Menyambut Tarif Baru Trump

Indeks Bursa Wall Street di Amerika Serikat berakhir menguat pada hari Rabu (2/4). Meski sempat turun di awal sesi, akhirnya indeks tersebut rebound dan meningkat. Hal ini terjadi lantaran para investor memodifikasi taktik investasi mereka menyusul deklarasi tariff besar-besaran yang akan diumumkan Presiden AS Donald Trump.

Setelah penutupan bursa, Trump memulai pengumuman tentang keputusan tariff-nya. Ini menimbulkan dampak negatif pada kontrak berjangka S&P 500 serta Nasdaq yang keduanya merosot sebesar 1,6% dan 2,4%. Pergerakan tersebut mencerminkan ketidaknyamanan investor terkait dengan proposal tarif baru-baru ini milik Trump. Keadaan ini memberi sinyal bahwa di awal sesi dagang esok hari Kamis, indeks saham Amerika Serikat cenderung akan tertekan.

Di samping itu, Trump menerbitkan kebijakan tariff yang meluas, di antaranya adalah pemberlakukan bea masuk sebesar 10% pada semua barang impor ke Amerika Serikat bersama dengan tambahan tariff kepada beberapa negara partner perdagangan penting. Kecemasan tentang ketidaktentuan mengenai tarif tersebut beserta efeknya terhadap ekonomi dunia, laju inflasi, serta penghasilan korporasi semakin memperburuk fluktuasi pasar dalam beberapa minggu belakangan ini.

Indeks Volatilitas CBOE (.VIX), yang merupakan penunjuk keragu-raguan di Wall Street, masih bertahan di posisi teratas sejak akhir Maret. Sejumlah bea seperti besi tulang, alumunium, serta produk otomotif sudah diberlakukan lebih awal, sedangkan detail dari keputusan mengenai bea masuk tersebut disampaikan oleh Trump saat sesi di Taman Rosen Gedung Putih pada jam 16:00 ET (23:00 WIB).

  • Donald Trump Secara Resmi Mengumumkan Peningkatan Tarif Impor, Indonesia Terdampak 32%

Christopher Wolfe, yang menjabat sebagai Presiden dan Kepala Investasi di Pennington Partners & Co, menjelaskan bahwa pernyataan Trump memiliki dampak signifikan karena bisa memengaruhi keputusan kebijakan serta bagaimana perusahaan-perusahaan Amerika Serikat bereaksi terhadap kondisi pasar.

"Be ban yang kami semuanya alami saat ini," ujar Wolfe seperti dilaporkan Reuters pada hari Kamis (3/4).

Mendekati pidato Trump, Wolfe menyebutkan bahwa reaksi pasar akan bergantung pada cara para investor menilai kebijakan tersebut. Mereka mungkin memandangnya sebagai strategi ekonomi yang matang atau sebaliknya, peraturan tariff yang tak tentu arah dan dapat memiliki dampak negatif.

Sebelum Trump merilis keputusannya, saham di bursa utama Wall Street menunjukkan pertumbuhan. Indeks Dow Jones Industrial Average (DJI) melonjak sebesar 235,36 poin atau 0,56%, mencapai angka 42.225,32. Sementara itu, S&P 500 (SPX) juga naik dengan tambahan 37,90 poin hingga berada di posisi 5.670,97, yang setara dengan kenaikan 0,67%. Sedangkan Nasdaq Composite (IXIC) tumbuh signifikan dengan peningkatan 151,16 poin atau 0,87% menjadi 17.601,05. Penguatan tersebut didorong oleh performa baik dari perusahaan-perusahaan teknologi terkemuka pada hari tersebut.

Saham Tesla naik tajam 5,3% usai laporan politico menunjukkan bahwa Trump berkomentar pada menteri-menternya serta orang-orang terdekatnya bahwa Elon Musk, yang merupakan Chief Executive Officer Tesla juga mitra kerjanya, berencana untuk meninggalkan jabatannya dalam lingkup pemerintahan tersebut.

Berita ini berhasil mengangkat kembali nilai saham Tesla yang tadinya merosot karena adanya laporan tentang penurunan pengiriman mobil sebesar 13% di kuarter awal. Peningkatan ini mendorong indeks consumer discretionary (.SPLRCD) untuk melonjak 2%, menjadi sektor dengan performa terbaik dalam 11 sektor S&P. Akan tetapi, harga saham Tesla turun saat Presiden Trump memberi pidato.

Dari kelompok Magnificent Seven, saham Amazon.com bertambah 2% setelah beredar kabar jika perusahaannya sedang berniat untuk mengakuisisi platform video singkat TikTok.

Dari perspektif ekonomi, angka-angka menunjukkan peningkatan upah sektor swasta di Amerika Serikat pada bulan Maret. Di samping itu, pemesanan baru untuk produk-produk manufaktur naik tajam di bulan Februari, mungkin disebabkan oleh perusahaan yang berusaha memesan lebih cepat sebelum aturan tariff terbaru diterapkan.

Saat ini, perhatian investor tertuju pada laporan penggajian nonpertanian yang akan dirilis serta pidato Ketua Federal Reserve, Jerome Powell pada hari Jumat. Data ini diharapkan memberikan gambaran tentang kondisi ekonomi AS dan kemungkinan arah kebijakan suku bunga.

Sebelumnya, para pemain di pasar mengantisipasi Federal Reserve akan menurunkan tingkat suku bunganya sebanyak tiga kali pada tahun ini. Akan tetapi, potensi kenaikan inflasi akibat dari keputusan tariff baru-baru ini telah menjadikan perkiraan tersebut tidak lagi pasti.

Volume perdagangan di bursa AS berada di angka 15,94 miliar saham, yang sedikit melebihi rata-rata 15,86 miliar saham selama 20 sesi perdagangan sebelumnya.

13 Action News Reveals: How Tariffs Are Reshaping the Economy

TOLEDO, Ohio (WTVG) - In reaction to President Trump's extensive trade actions implemented on Thursday, China has imposed a 34% tariff on all U.S. products.

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Wall Street Rebounds as U.S. Inflation Slows More Than Expected in February

The stock markets on Wall Street have recovered following the release of February's inflation data in the U.S., which showed a slower increase than anticipated.

Edward Boyd from Sky News Business reported that by February, the impact of tariffs will no longer be reflected in the inflation numbers.

"We're expecting a significant rise in inflation in America starting next month, specifically in March," he stated.

Kenya's Smallholder Farmers Get a Big Boost: Avenews Unveils KSh 2.5B Financing Program

  • Dealers involved in agri-SMEs will get financial backing of up to KSh 2.5 billion from Avenews.
  • The firm, established in 2017, stated that the funding initiative will boost and transform the industry.
  • Emmanuel Mutai, Avenews' Country Manager, stated that these groundbreaking financial offerings fill the void present within the agricultural business sector.

Kenyan entrepreneurs involved in agricultural small and medium-sized enterprises (SMEs) can now obtain funding from Avenews.

The fintech disrupting agricultural finance introduced a KSh 2.5 billion funding initiative aimed at supporting agri-small and medium-sized enterprises (SMEs) in Kenya.

Why does agribusiness in Kenya require funding?

The firm that began operations in 2017 has been revolutionizing the agricultural supply chain within the nation by offering cutting-edge financial solutions.

Avenews, with a name that signifies “new pathways for funding agri-SMEs,” provides customized digital financial solutions designed specifically for small and medium-sized enterprises within the agriculture sector throughout Africa’s supply chain.

Emmanuel Murai, the Avenews Country Manager, emphasized the company’s significant influence due to their key offerings: the Agri-Credit Line, Agri-Supplier Financing, and Agri-Buyer Financing.

"These products are revolutionizing Kenya’s agricultural lending sector. Early market feedback indicates that we aren’t merely causing ripples in Kenya; instead, we’re establishing the groundwork for a significant transformation throughout Africa," stated Murai in a press release viewed by .co.ke .

This launch occurs during a crucial period for agriculture within the Sub-Saharan African region.

As stated in a report by Aceli Africa, the area encounters an annual agricultural financing shortfall of $180 billion (KSh 23.3 trillion). Notably, $65 billion (KSh 8.4 trillion) of this amount is required particularly to assist agri-SMEs.

Even though agriculture forms a crucial part of Kenya’s economy, contributing 34% to the country's GDP and offering employment through one in every ten formal jobs, the sector receives merely 3.53% of private sector loans, amounting to KSh 134.2 billion from a total of KSh 3,797.5 billion. This information was highlighted by the Central Bank of Kenya (CBK) in their latest report.

How Avenews Closes Financial Gap for Agri-SMEs

Murai stated that Avenews aims to close this gap by utilizing technology and innovation to offer customized financial services for enterprises throughout the agricultural supply chain, as Murai elaborated.

"By closing the $65 billion funding gap in Africa's agribusiness industry, we ensure that these businesses, along with their suppliers and purchasers, receive the necessary financial support for expansion," he noted.

The CBK’s November 2024 Agriculture Sector Survey Report indicates an enhancement in credit accessibility within the agricultural sector. This progress can be partly attributed to digital lending platforms, which efficiently serve enterprises along the agricultural supply chain in distant regions where traditional banks or Saccos do not have physical presence.

In this regard, Avenews' proactive participation in this field, having invested more than 2.5 billion shillings in loans to Agri-SMEs within the agriculture supply chain, will effectively close this gap by offering financial support to agritrade. This initiative will enhance productivity and promote sustainable development.

Jonathan Tseelon, CEO of Avenews, highlighted the design of their solutions, noting that unlike other sectors, agriculture follows its distinct cash flow cycle.

To tackle these challenges, we've crafted our products to align with this pattern and specifically cater to the distinctiveness of the agricultural sector.
“At Avenews, our goal is simple: to provide agri-SMEs with quick, easy access to financing so they can improve cash flow, increase inventory, strengthen operations, and grow sustainably. This isn’t about funding at all—it’s about equipping businesses to thrive in a sector that feeds nations and drives economies,” said Tseelon.

Representing the government, Mr. Moses Kimani, Advisor to the PS State Department of Livestock Development, further highlighted the crucial role of value chain financing models in ensuring seamless access to credit for agribusinesses, processors, and markets

“The introduction of innovative Agri-Trade financing products by Avenews holds transformative potential for the agricultural supply chain, paving the way for expansive developments beyond Kenya to otherregions in Africa,” he said.

He mentioned that this partnership aligns with government initiatives aimed at boosting Kenya's agricultural sector for greater efficiency and wider participation.

The launch event was attended by key stakeholders and partners from the agri-tech, finance, and supply chain ecosystem, including the East Africa Grain Council, Dr. Anastasia Kagunyu from Kenya Agricultural & Livestock Research Organization (KALRO), and Munyi Nthiga, Chief Growth Officer at Ketha. Africa exemplifies the collaborative efforts aimed at driving positive transformation and economic prosperity within the agricultural sector.

BSE Shareholders Celebrate Board's Approval of 2:1 Bonus Share Issue: Free Stocks Ahead!

Mumbai (Maharashtra) [India], March 30 (ANI): The board of Indian stock exchange BSE limited approved a 2:1 bonus share issue , as per the filing on Sunday.

As per the announcement, the BSE will grant two shares for every one held by shareholders as of the record date.

"Issue of Bonus equity shares in the ratio 2:1 i.e. 2 (Two) equity shares of Rs 2 each for every 1 (One) full paid-up equity share of Rs 2 each held by the Shareholders of the Company as on the Record Date, subject to the approval of Shareholders through Postal Ballot," BSE said in a filing.

This marks the second instance when BSE has announce the bonus share issue after its listing in in 2017. The record date is not determined for the latest bonus issue.

As per the filing bonus shares will be issued from and out of Capital Redemption Reserves and General Reserve as available on December 31, 2024.

According to the filing only investors holding shares of thecompany before the ex-date will be eligible for the bonus shares .

Bonus shares are usually issued by companies in order to increase their earnings per share (EPS), extend their paid-up capital, and take advantage of free reserves while lowering reserves. Existing stockholders receive these shares at no further expense.

According to publically available information, the exchange announced a dividend of Rs 12 per share in May 2023, with the ex-dividend date on August 4, 2023. Additionally, in June 2024, BSE announced a final dividend of Rs 15 per share, with the ex-dividend date on June 14, 2024.

Established in 1875, BSE (formerly known as Bombay Stock Exchange), is Asia's first & the Fastest Stock Exchange in world with the speed of 6 micro seconds and one of India's leading exchange groups.

Over the past 143 years, BSE has facilitated the growth of the Indian corporate sector by providing it an efficient capital-raising platform. Popularly known as BSE , the bourse was established as 'The Native Share & Stock Brokers' Association' in 1875. In 2017 BSE become the 1st listed stock exchange of India. (ANI)

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NFRA and IIT Kanpur Team Up for Hackathon: Tackling Large Language Models and Generative AI

New Delhi [India], March 30 (ANI): The National Financial Reporting Authority ( NFRA ) and Indian Institute of Technology (IIT) Kanpur jointly organised a Hackathon to encourage students to build cutting-edge solutions using Large Language Models (LLM) and Generative AI .

The objective of the Hackathon was to demonstrate democratizing complex financial statements so that financial information is more readable and understandable, the Ministry of Corporate Affairs said in a release on Sunday.

The challenge given was to transform financial data into clear, engaging stories to enable well informed decisions. The hackathon tried to address the challenge, leveraging GenAI. Teams attempted transformative solutions to simplify financial statements and unlock deeper insights.

Students from various engineering colleges in India participated in hackathon held at IIT Kanpur from 28th and 29th March 2025.

The hackathon enabled the interaction of academia, students and the regulator joining hands to address common challenges. The solutions were discussed and students were guided how to carry their innovative ideas further forward.

The presentations made by the teams at the hackathon showed that GenAI has the potential to revolutionize financial statement analysis by simplifying complex financial concepts, automating data extraction, and generating insightful narratives. As technology continues to evolve, stakeholders can expect to see increased adoption in financial reporting, leading to more efficient, accurate, and informed financial decision-making.

Teams from VIT Vellore, MNNIT Allahabad, IIT Lucknow and Rajiv Gandhi University of Knowledge Technologies, Nuzvid emerged as winners in the competitions. The Hackathon was judged by a combined team of experts from IIT Kanpur and NFRA .

It is also noteworthy that many of the winning teams choose to offer their innovations to the open-source community so that more improvements and value additions can happen, and these solutions can be further developed and used by anyone interested. NFRA looks forward to further such opportunities to engage with the student community, the release added. (ANI)

Provided by SyndiGate Media Inc. ( Syndigate.info ).

JPMorgan Predicts Tough Times Ahead for Tesla

The company reduced Tesla's delivery projection by 20%, indicating that the stock might further decline to as low as $120 per share over time.

  • The Tesla share price has rebounded approximately 7% after experiencing a significant decline earlier in the week. Nonetheless, it remains roughly 50% below its peak value reached on December 17.
  • JPMorgan forecasts that Tesla will deliver approximately 355,000 vehicles, which represents a 20% decrease from their initial projection of 444,000.
  • The company believes that the price of Tesla shares will ultimately fall to $120 per share.

I believe everyone connected to the automotive sector feels somewhat exhausted due to the continuous alterations that have become characteristic of the current Trump administration. Many of these modifications appear to stem from Elon Musk’s influence, whether directly through President Donald Trump or indirectly through his unofficial network often associated with Dogecoin culture.

These changes are not particularly favored by the typical customers who usually buy Tesla vehicles , and so, it appears that Musk and Tesla must face their challenges once more. This week, JP Morgan delivered an unfavorable forecast for the brand, predicting that this would mark Tesla’s poorest delivery performance in three years.

JPMorgan specifically reduced Tesla’s delivery estimate by 20%, lowering it to 355,000 vehicles from an earlier analyst prediction of 444,000. This initial forecast was slightly above the consensus of around 430,000 units held by many others in the industry. Additionally, they believe that Tesla’s stock price could drop significantly further, potentially reaching as low as $120 per share, which would be roughly half of its current value.

Several factors account for this situation. Firstly, the Trump administration's actions played a role. reckless assault on the U.S. market through tariff measures has done nothing but harm automobile manufacturers, including Tesla. Nobody can predict the exact tariffs that automobile manufacturers and their related suppliers might ultimately face. Currently, they may encounter none at all. However, should Canada, Mexico, the European Union, or China inadvertently provoke President Trump in some manner, those tariffs would likely come into play. That isn’t beneficial for any operational company aiming to strategize for tomorrow.

Furthermore, Elon Musk’s activities on the political right, particularly his involvement with X (formerly known as Twitter) and in real-world politics, can no longer be overlooked. What began as provocative posts on social media has escalated to a significant impact on international politics. Many minorities and individuals who do not align with the right wing view this influence as potentially harmful. In a recent instance, he outright referred to Canada as “not a real country,” which fuels an increasingly contentious debate. For the incorporation of the country located to the north of America. This has only encouraged Canadians (as well as people worldwide) to boycott the company.

Furthermore, sales have begun to plummet across much of Europe. The sales in the Chinese market remain robust; however, this will not suffice to maintain that pace. Additionally, numerous Chinese brands have been eroding Tesla’s market share. something even the New York Times covered this week .

Photo by: BYD

BYD Sealion 7

Additionally, the vehicles are somewhat outdated. While the Model 3 and Model Y might have received updates, with the latter being refreshed relatively recently, they remain largely similar to their predecessors. Combine this with Musk’s conduct, along with factors like inflation and elevated interest rates, and Tesla faces an ideal combination of challenges leading to lower sales.

Tesla's troubles emerged squarely during Q1, which means we likely won't get a clear picture of the extent of the issues until the Q2 figures are published in a couple of weeks. Regardless, things aren't looking promising for Tesla. According to JPMorgan, Tesla’s decline at present "stands unmatched" within the auto industry.

"We find it difficult to recall any similar instance in the history of the automotive sector where a brand has lost such significant value so rapidly," the company stated.

Contact the author: Kevin.Williams@InsideEVs.com

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How a $400 Million Initiative Could Boost Woolworths' Share Price

The Woolworths Group Ltd ( ASX: WOW The share price is showing positive gains today.

Shares in the S&P/ASX 200 Index (ASX: XJO) supermarket behemoth finished yesterday’s trading at $28.18 per share. By late Thursday morning, the stock was changing hands at $28.39 each, representing an increase of 0.8%.

The ASX 200 has gained 0.2% at this particular moment.

Even with today’s positive surge, the Woolworths share price continues to lag behind the benchmark, and its main competitor has outperformed. Coles Group Ltd ( ASX: COL ) within the last 12 months.

From the chart provided, we can observe that Woolworths' stock has decreased by slightly over 12% compared to this period last year. In contrast, although not depicted here, Coles' share price has increased by more than 14%, whereas the ASX 200 index has only risen modestly by about 1%.

Given this lack of performance, management took into account the recent unveiling of Woolworths' half-year resultados. results To emphasize several key steps the firm is implementing to reach its utmost capability.

Amanda Bardwell, the CEO of Woolworths, stated when looking forward to the coming year:

Our goals for 2025 are well-defined, and we've already begun implementing them. There’s a chance to enhance our customers' shopping journey even more; we're streamlining our operations and dedicated to realizing the complete potential of the company.

Moreover, the firm outlined five principal measures they are implementing, potentially bolstering the Woolworths stock value over an extended period. These actions include:

  • Keep enhancing core retail elements such as value, product assortment, and stock availability.
  • Streamline processes to enhance customer impact and achieve greater efficiency. This will result in approximately $400 million in cost savings for the support office operations.
  • Integrate leadership and organizational modifications
  • Effective launch and scaling of New South Wales supply chain facilities
  • Evaluate the structure of the collective investmentportfolio

Currently, it's the second bullet point mentioned earlier, the $400 million in cost reductions, that has caught brokers' notice.

The value of Woolworths shares might improve as a result of redirected cost savings.

Morgan Stanley analyst Melinda Baxter predicts that Woolworths will plough back approximately $200 million in cost savings back into the business.

Based on Baxter (cited by The Australian Financial Review ):

Woolworths has not decided how much of the saved costs will be put back into the business, particularly in terms of pricing, versus adding to their profits. In our calculations, we assume that Woolworths will invest around half of these savings back into the company.

Baxter highlighted that this might increase earnings by approximately $150 million in the upcoming fiscal year, which could propel Woolworths' share price forward.

For the six-month period, Woolworths reported earnings before interest and tax of $1.45 billion, which represents a decrease of 14% compared to the previous year.

Jarden's Ben Gilbert mentioned that shareholders of the ASX 200 supermarket company can expect to gain from Woolworths' banking sector contributing at least $30 million in 2026.

According to Gilbert, they believe that for Woolworths, each segment of 25% saved is valued at over $1.20 per share.

The post How this $400 million initiative might boost the Woolworths stock value appeared first on The Motley Fool Australia .

Is it wise to put $1,000 into Woolworths Group Limited at this moment?

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More reading

  • The top broker recommends purchasing shares in both Woolworths and Coles.
  • Should you consider buying Woolworths shares today?
  • Purchase Woolworths along with this ASX dividend stock.
  • 10 top-performing ASX stocks to consider purchasing in March
  • These Australian Securities Exchange stocks might increase by 20% to 70%.

Motley Fool contributor Bernd Struben does not hold any shares in any of the companies listed. Similarly, The Motley Fool Australia’s parent company, Motley Fool Holdings Inc., does not own any stakes in these mentioned firms. However, The Motley Fool Australia holds an interest in and recommends Coles Group. Additionally, The Motley Fool states their policy regarding ownership disclosures. disclosure policy This article includes solely general investment advice (covered under AFSL 400691). Authorized by Scott Phillips.

BSE Shareholders Celebrate Board's Approval of 2:1 Bonus Share Issue: Free Stocks Ahead!

Mumbai (Maharashtra) [India], March 30 (ANI): The board of Indian stock exchange BSE limited approved a 2:1 bonus share issue , as per the filing on Sunday.

As per the announcement, the BSE will grant two shares for every one held by shareholders as of the record date.

"Issue of Bonus equity shares in the ratio 2:1 i.e. 2 (Two) equity shares of Rs 2 each for every 1 (One) full paid-up equity share of Rs 2 each held by the Shareholders of the Company as on the Record Date, subject to the approval of Shareholders through Postal Ballot," BSE said in a filing.

This marks the second instance when BSE has announce the bonus share issue after its listing in in 2017. The record date is not determined for the latest bonus issue.

As per the filing bonus shares will be issued from and out of Capital Redemption Reserves and General Reserve as available on December 31, 2024.

According to the filing only investors holding shares of thecompany before the ex-date will be eligible for the bonus shares .

Bonus shares are usually issued by companies in order to increase their earnings per share (EPS), extend their paid-up capital, and take advantage of free reserves while lowering reserves. Existing stockholders receive these shares at no further expense.

According to publically available information, the exchange announced a dividend of Rs 12 per share in May 2023, with the ex-dividend date on August 4, 2023. Additionally, in June 2024, BSE announced a final dividend of Rs 15 per share, with the ex-dividend date on June 14, 2024.

Established in 1875, BSE (formerly known as Bombay Stock Exchange), is Asia's first & the Fastest Stock Exchange in world with the speed of 6 micro seconds and one of India's leading exchange groups.

Over the past 143 years, BSE has facilitated the growth of the Indian corporate sector by providing it an efficient capital-raising platform. Popularly known as BSE , the bourse was established as 'The Native Share & Stock Brokers' Association' in 1875. In 2017 BSE become the 1st listed stock exchange of India. (ANI)

Provided by SyndiGate Media Inc. ( Syndigate.info ).