Indonesia Stocks: Agung Podomoro, Bank Negara, Mitra Adiperkasa

Shares of the following companies had unusual moves in Indonesian trading. Stock symbols are in parentheses, and prices are as of the 4 p.m. Jakarta-time close.

The Jakarta Composite index (JCI) advanced 38.51 points, or 1.1 percent, 3,556.23.

PT Agung Podomoro Land (APLN IJ), a property developer, rose 4.7 percent to 335 rupiah, the steepest gain since Nov. 11. Agung Podomoro’s 2010 net income jumped to 241.9 billion rupiah ($28 million) from 35.1 billion rupiah a year earlier, it said in a statement published in Investor Daily Indonesia. Revenue more than doubled to 1.9 trillion rupiah, the company said.

PT Aneka Tambang (ANTM IJ), Indonesia’s second-largest nickel producer, rose 1.2 percent to 2,200 rupiah. The company’s net income more than doubled last year to 1.68 trillion rupiah. That compares with a mean profit estimate from 17 analysts in a Bloomberg survey of 1.5 trillion rupiah.

PT Bank Negara Indonesia (BBNI IJ), the nation’s third- biggest state-owned bank, advanced 2.1 percent to 3,650 rupiah. The company’s Islamic-finance unit, PT Bank BNI Syariah, will open 10 branches this year as it seeks to boost assets by 50 percent, said BNI Syariah President Director Rizqullah Thohuri.

PT Mitra Adiperkasa (MAPI IJ), which runs Starbucks Corp. coffee shops and Burger King Holdings Inc. restaurants, rose 2.9 percent to 2,675 rupiah, the highest close since Jan. 5. The retailer said 2010 net income increased 23 percent from a year earlier to 201 billion rupiah.

To contact the reporter on this story: Berni Moestafa in Jakarta at bmoestafa@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

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