Indonesia Stocks Movers: Bukit Asam, Hero Supermarket, Malindo
The Jakarta Composite index gains 0.3% with 122 stocks rising; MSCI Asia Pacific Index drops 0.2%
ADVANCERS: *Hero Supermarket (HERO IJ) +1.4%; co.’s 2Q net income rises 32% from yr earlier to 69b rupiah *Malindo Feedmill (MAIN IJ) +1.2%; Kim Eng Securities raised shr-price estimate to 2,150 rupiah from 1,750 rupiah after co. increased average-selling price of feedmill in 2Q *Tambang Batubara Bukit Asam (PTBA IJ) +1.3%; co.’s 1H revenue may have risen 13% to 5.78t rupiah, Investor Daily Indonesia reports. Director Achmad Sudarto couldn’t be reached when called at his office
To contact the reporter on this story: Berni Moestafa in Jakarta at bmoestafa@bloomberg.net
To contact the editor responsible for this story: Richard Frost at rfrost4@bloomberg.net
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