The Jakarta Composite Index (JCI) fell 1.7 percent to 3,985.05, the steepest drop since June 14.
Nickel producers: PT Vale Indonesia (INCO) , the nation’s biggest producer of the metal, sank 4.5 percent to 2,675 rupiah, the steepest slide since June 22. PT Aneka Tambang (ANTM) , the second largest, lost 3.6 percent to 1,340 rupiah. Nickel futures retreated 3.3 percent to $16,150 a metric ton in London on July 6.
Oil producers: PT Medco Energi Internasional (MEDC) , the nation’s biggest listed oil company, fell 3.8 percent to 1,760 rupiah, the most since June 14. PT Energi Mega Persada (ENRG) , the second largest, lost 4.1 percent to 141 rupiah. Crude oil futures fell 3.2 percent to $84.45 a barrel in New York on July 6. Oil was last at $84.63 after-hours trading.
PT Astra International (ASII) , Indonesia’s biggest automotive retailer, declined 2.9 percent to 6,750 rupiah. Bisnis Indonesia reported Indonesia’s June domestic motorcycle sales fell 11 percent from a month earlier to 550,468 units.
PT MNC Sky Vision (MSKY IJ), a pay-television operator, gained 1.3 percent to 1,540 rupiah on its first trading day. The company raised 2.1 trillion rupiah ($222 million) in an initial public offering to fund capital expenditure and repay debt.
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