Aug. 11 (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 gained 128.46 points, or 3.4 percent, to 3,863.58.
PT Agung Podomoro Land (APLN IJ): The property developer increased the size of its planned bond sale by 50 percent to 1.2 trillion rupiah ($140.4 million) from 800 billion rupiah because of strong demand, Vice President Handaka Santosa said. Agung Podomoro expects to sell the three- and five-year bonds in August and use the proceeds to build offices, apartments and shopping centers, Santosa said. The stock rose 3.1 percent to 335 rupiah.
PT Aneka Tambang (ANTM IJ): The Indonesian state company’s first-half net income rose 32 percent from a year earlier to 996.7 billion rupiah, the nation’s State-Owned Enterprises Ministry said in a statement. PT Timah’s (TINS IJ) net income more than doubled from a year earlier to 655.3 billion rupiah, the statement said. Aneka, the nation’s second-largest nickel producer, rose 2.8 percent to 1,870 rupiah. Timah, Indonesia’s state-owned tin mining company, advanced 4.8 percent to 2,075 rupiah.
PT Citra Marga Nusaphala Persada (CMNP IJ): The toll-road operator plans to gradually issue as much as 4 trillion rupiah of bonds for business expansion, Bisnis Indonesia reported, citing Finance Director Indrawan Sumantri. The company will start by issuing 1 trillion rupiah of bonds in the fourth quarter, the report said. Citra Marga surged 9.5 percent to 1,380 rupiah.
PT Perusahaan Gas Negara (PGAS IJ): The company’s first-half net income climbed 0.9 percent from a year earlier to 3.23 trillion rupiah, the State-Owned Enterprises Ministry said in a statement. Gas Negara, Indonesia’s largest distributor of the fuel, increased 3.9 percent to 3,325 rupiah.
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