July 12 (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 fell 0.2 percent to 3,995.59.
Banks: Bank Indonesia will hold its benchmark interest rate at 6.75 percent when it meets today, according to all 14 economists surveyed by Bloomberg News.
PT Bank Mandiri (BMRI IJ), the nation’s largest bank by assets, rose 1.3 percent to 7,700 rupiah and PT Bank Central Asia (BBCA IJ), the biggest by market value, was unchanged at 8,050 rupiah.
Nickel producers: Nickel for three-month delivery fell 2.8 percent to $23,225 a metric ton in London yesterday, the steepest drop since June 2. PT International Nickel Indonesia (INCO IJ), the nation’s largest producer of the metal, fell 0.6 percent to 4,450 rupiah and PT Aneka Tambang (ANTM IJ), the second biggest, dropped 2.4 percent to 2,050 rupiah.
PT Alkindo Naratama (ALDO IJ): The Indonesian manufacturer of paper products will start trading today after raising 33.8 billion rupiah ($4 million) selling 150 million shares in an initial public offering this month to buy land and to fund working capital.
PT Indo Straits (PTIS IJ): The marine-civil contracting company will start trading today after raising 95 billion rupiah selling 100 million shares in an initial public offering this month to buy equipment and repay debt.
PT Sidomulyo Selaras (SDMU IJ): The transport company of hazardous chemical materials will start trading today after raising 53.3 billion rupiah selling 237 million shares in an initial public offering this month to buy trucks, trailers and improve infrastructure.
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