Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Indonesia Stocks: Astra Agro Lestari, Indika Energy, Timah

Don't Miss Out —
Follow us on:

June 3 (Bloomberg) -- 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 advanced 6.26 points, or 0.2 percent, to 3,844.02, gaining 0.3 percent this week. The market was closed yesterday for a public holiday.

Palm oil producers: PT Astra Agro Lestari (AALI IJ), the nation’s biggest plantation company by market value, rose 0.9 percent to 23,850 rupiah. PT Perusahaan Perkebunan London Sumatra Indonesia (LSIP IJ), the third largest, increased 1 percent to 2,425 rupiah.

Palm oil futures climbed as much as 1.8 percent to 3,465 ringgit ($1,141) a metric ton in Kuala Lumpur, advancing for a second day.

PT Indika Energy (INDY IJ), the controlling shareholder of Indonesia’s third-biggest coal producer, retreated 1.8 percent to 4,150 rupiah, falling for a third day. The company’s first-quarter net income declined to 265.2 billion rupiah ($31 million) from 291.7 billion rupiah a year earlier, Bisnis Indonesia reported, citing Finance Director Azis Armand. Three calls to Indika’s office in Jakarta weren’t answered.

PT Timah (TINS IJ), the nation’s largest tin producer, lost 1 percent to 2,600 rupiah. Tin for three-month delivery sank 3.6 percent to $26,600 a metric ton in London yesterday, the lowest settlement since Jan. 11.

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.