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Indonesian bourse caps stock drops at 10% as equities start to rebound after bruising day

first_imgTopics : The Indonesia Stock Exchange (IDX) has issued a new regulation that allows stocks, at all price ranges, to fall by a maximum of 10 percent in an effort to anchor the Jakarta Composite Index (JCI) after a deep drop on Monday.The new auto-rejection regulation came into force Tuesday, when stocks rebounded on early trading. The rule stipulates that the bourse will allow stocks with prices ranging from Rp 50 (0.3 US cent) to Rp 200 to rise 35 percent and to fall a maximum of 10 percent.Read also: OJK relaxes buyback rules as Indonesian stocks nosedive more than 6% Stocks with prices of between Rp 200 and Rp 5,000 will be allowed to increase by a maximum of 25 percent and decline by just 10 percent, while equities priced higher than Rp 5,000 will be allowed to jump by a maximum of 20 percent and fall by 10 percent.Previously, the auto-rejection ceiling and floor percentages were set at the same level for each price range.“The Indonesia Stock Exchange’s changes to the auto-rejection limits are intended to ensure orderly, reasonable and efficient equities trading,” the bourse’s statement reads.The JCI, the main gauge, jumped by 0.29 percent at opening on Tuesday and soared a further 2.07 percent to 5,242.94 as of 9:44 a.m. Jakarta time after plunging 6.58 percent on Monday to a three-year low amid virus fears and an oil price war.center_img Read also: Oil crash sparks ‘Black Monday’ meltdown on virus-hit marketsThe Financial Services Authority (OJK) on Monday evening also announced a policy to allow listed companies to buy back their shares without a prior shareholders meeting to ease market volatility.“This is as an effort to stimulate the economy and reduce the impact of the significantly fluctuating market,” the OJK said in a statement. (prm)last_img read more

Lakers winning streak halted with loss to Raptors

first_img Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed Lakers practice early hoping to answer all questions AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersThe Lakers most reliable offensive players all struggled. Brandon Ingram needed 14 shots to score 14 points. Jordan Clarkson and Kuzma combined to miss eight 3-pointers without a make.“We didn’t make shots,” Coach Luke Walton said. “You’ve got to really go after and get it and for whatever reason we didn’t play with that same edge tonight. And they made us pay for it.”The Lakers played their seventh straight game without Lonzo Ball, who is expected to test out his knee during an optional practice on Monday.“I will be interested to be in there and watch him work out and see how he is moving,” Walton said.Ball has been limited to light shooting and using a treadmill while recovering from a sprained left MCL. As of Sunday, he had not progressed to lateral movement on the court. PreviousToronto Raptors guard Fred VanVleet (23) shoots while falling as Los Angeles Lakers guard Jordan Clarkson (6) defends during first-half NBA basketball game action in Toronto, Sunday, Jan. 28, 2018. (Frank Gunn/The Canadian Press via AP)Toronto Raptors forward CJ Miles (0) celebrates a basket against the Los Angeles Lakers during second-half NBA basketball game action in Toronto, Sunday, Jan. 28, 2018. (Frank Gunn/The Canadian Press via AP)Los Angeles Lakers center Brook Lopez (11) protects the ball from Toronto Raptors center Jonas Valanciunas (17) during first-half NBA basketball game action in Toronto, Sunday, Jan. 28, 2018. (Frank Gunn/The Canadian Press via AP) SoundThe gallery will resume insecondsToronto Raptors centre Jonas Valanciunas (17) dunks as Los Angeles Lakers guard Tyler Ennis (10) looks on during first half NBA basketball action in Toronto on Sunday, Jan. 28, 2018. (Frank Gunn/The Canadian Press via AP)Toronto Raptors forward OG Anunoby (3) drives at Los Angeles Lakers forward Brandon Ingram (14) during first half NBA basketball action in Toronto on Sunday, Jan. 28, 2018. (Frank Gunn/The Canadian Press via AP)Toronto Raptors guard Kyle Lowry (7) drives against Los Angeles Lakers guard Tyler Ennis (10) during first-half NBA basketball game action in Toronto, Sunday, Jan. 28, 2018. (Frank Gunn/The Canadian Press via AP)Toronto Raptors guard Kyle Lowry (7) shoots over Los Angeles Lakers guard Tyler Ennis (10) during first-half NBA basketball game action in Toronto, Sunday, Jan. 28, 2018. (Frank Gunn/The Canadian Press via AP)Toronto Raptors centre Jonas Valanciunas, second from left, is held back by DeMar DeRozan, left, as Raptors guard Kyle Lowry, second from right, holds back Los Angeles Lakers forward Julius Randle (30) during first-half NBA basketball game action in Toronto, Sunday, Jan. 28, 2018. (Frank Gunn/The Canadian Press via AP)Toronto Raptors guard Fred VanVleet (23) shoots while falling as Los Angeles Lakers guard Jordan Clarkson (6) defends during first-half NBA basketball game action in Toronto, Sunday, Jan. 28, 2018. (Frank Gunn/The Canadian Press via AP)Toronto Raptors forward CJ Miles (0) celebrates a basket against the Los Angeles Lakers during second-half NBA basketball game action in Toronto, Sunday, Jan. 28, 2018. (Frank Gunn/The Canadian Press via AP)NextShow Caption1 of 8Toronto Raptors forward CJ Miles (0) celebrates a basket against the Los Angeles Lakers during second-half NBA basketball game action in Toronto, Sunday, Jan. 28, 2018. (Frank Gunn/The Canadian Press via AP)ExpandTORONTO – It’s the building where “We The North” has become a rallying cry, where in the second half on Sunday a section of fans unfurled a large black banner reading “North Over Everything.”It was here for the Lakers that things went south.All of the characteristics that helped them win four straight games were absent in their bid for a fifth. Facing a Raptors team making a play for the top seed in the Eastern Conference, the Lakers could not summon enough offensive firepower to compete, losing 123-111 after trailing for virtually the entire game.“It was a hiccup,” Kyle Kuzma said, “but at the same time you can always learn something.” Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers “He hasn’t started ramping it up as far as the explosive or contact type of work,” Walton said.Despite the four wins without him, the Lakers are desperate for his return.“It will help a lot,” Julius Randle said. “Just his unselfishness, pushing the pace, ball movement.  All that is contagious. So it will help a lot. We just got to get back to defending, had a slip up tonight, but we’ll get back to defending.”Against the Raptors, there was little ball movement. The Lakers finished with 22 assists, but nine of those came in the fourth quarter, after the Raptors had built a lead as big as 22 points.And it was Toronto’s backcourt players who did the most damage against the Lakers beleaguered defense. Fred VanVleet scored 25 points off the bench, while Kyle Lowry added 14 points and 11 rebounds.If there was a bright spot, it was the play of Julius Randle in the first half. The fourth-year power forward had 13 points and 10 rebounds by halftime.It was Randle’s 12th double-double of the season and seventh in January. He received a technical foul with 1:46 left in the second half for charging Raptors’ center Jonas Valanciunas after Valanciunas shoved Randle after getting hit in the face while the two competed for a rebound.Related Articlescenter_img Lakers, Clippers schedules set for first round of NBA playoffs However, Randle scored just four more points in the second half and did not grab another rebound in the nine minutes he played in the second half. Still, his 17 points were a team high.The Lakers made a  push in the third quarter, twice cutting the deficit to five points. They trailed 74-67 after Kentavious Caldwell-Pope made a 3-pointer with 5:57 left in the third quarter, but the Raptors’ lead gradually grew from there.It was bound to happen on a night the Lakers shot just 43.5 percent from the field, a number that climbed above 40 percent only after a fourth quarter flurry with the Raptors stars on the bench.After spending another day in Toronto, the Lakers will travel to Orlando for a game against the Magic on Wednesday. They will head south, where they hope things will look up. Newsroom GuidelinesNews TipsContact UsReport an Error How athletes protesting the national anthem has evolved over 17 years last_img read more

2013 Holiday Events in the City of Lacey

first_imgSubmitted by The City of LaceyLacey Parks and Recreation invites you to celebrate the season with a week full of free holiday events and traditions, including festive music, tree lightings, and a chance to visit with Santa.South Sound Community Orchestra Holiday Concert Bring the family and enjoy a free holiday concert on Tuesday, December 3, from 7:00 to 8:15 p.m. at the Lacey Community Center, 6729 Pacific Avenue SE. Performances will be given by the South Sound Community Orchestra and the Rose Garden Choir. All ages will enjoy this festive concert, which is sure to get you in the holiday spirit.Lighting of the Christmas Trees An old-fashioned tree lighting ceremony begins at 6:00 p.m. on Thursday, December 5, at Huntamer Park in Woodland Square (618 Woodland Square Loop SE). The event features caroling by the Komachin Middle School Choir, hot cocoa, and a visit from Santa and Mrs. Claus aboard the Lacey Fire Department’s Santa Mobile.Signing Santa Hearing-impaired children will have a chance to communicate their wishes to a Santa that speaks their language on Friday, December 6, from 6:30 to 9:00 p.m. at Chambers Prairie Elementary School, 6501 Virginia Street SE. This event is an opportunity for children to gather and see the spirit of giving, seek new friends, and promote awareness of the deaf community. Santa will also hear the wishes of hearing children, and American Sign Language (ASL) students from North Thurston High School will perform holiday music. This program is co-sponsored by the Signing Santa organization. Visit Signing Santa online or call Lacey Parks and Recreation at (360) 491-0857, for more information.For more information on any of these events, browse to the City of Lacey’s website at www.ci.lacey.wa.us/parkevents, or call the Lacey Parks and Recreation Department at (360) 491-0857. Facebook27Tweet0Pin0last_img read more