Feb. 17 (Bloomberg) -- Shares of the following companies may have unusual moves in Indonesian trading. Stock symbols are in parentheses, and share prices are as of the previous close.
The Jakarta Composite index was little changed at 3,416.79.
Oil Producers: Crude-oil futures in New York rose 0.2 percent to $85.15 a barrel in after-hours trading as of 8:33 a.m. Jakarta time. Prices climbed 0.8 percent yesterday.
PT Medco Energi Internasional (MEDC IJ), Indonesia’s biggest listed oil company, was unchanged at 3,225 rupiah and PT Benakat Petroleum Energy (BIPI IJ) fell 1.2 percent to 86 rupiah.
PT Astra International (ASII IJ): Indonesia’s January domestic vehicle sales rose to 73,849 units from 70,061 units in December and 52,831 units a year earlier, the company said in a statement, citing data from the nation’s automotive industries association. Astra, Indonesia’s largest automotive retailer, fell 0.5 percent to 49,300 rupiah.
PT Bank CIMB Niaga (BNGA IJ): The company’s 2010 net income rose to 2.55 trillion rupiah ($287 million) from 1.57 trillion rupiah a year earlier, while net interest income gained 16 percent to 7.33 trillion rupiah, the bank, which is owned by Malaysia’s CIMB Group Holdings Bhd., said in a statement. CIMB Niaga declined 3.4 percent to 1,980 rupiah.
PT International Nickel Indonesia (INCO IJ): Indonesia’s biggest producer of the metal suspended production at its smelter in Sulawesi following an earthquake on Feb. 15, Jannus Siahaan, a spokesman at the company said. The company decided to “temporarily stop” nickel processing activities to ensure the safety of its facilities, Siahaan said. PT Inco, as the nickel producer is known, was unchanged at 5,050 rupiah.
PT Pembangunan Perumahan (PTPP IJ): The state-owned construction company plans to spin off its property division into a separate company this year and may sell a 30 percent to 40 percent stake in the unit through an initial public offering, Bisnis Indonesia reported, citing President Director Musyanif. Pembangunan Perumahan rose 1.8 percent to 580 rupiah.
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