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

Hexindo, Multistrada, Trada Maritime: Indonesia Equity Preview

Sept. 9 (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 rose 0.1 percent to 4,005.39.

PT Hexindo Adiperkasa (HEXA IJ): The Indonesian unit of Hitachi Construction Machinery Co. plans to pay 40 percent of last year’s net income as dividends in October, Kontan reported. Hexindo fell 2.9 percent to 8,300 rupiah.

PT Multistrada Arah Sarana (MASA IJ): The tire producer expects 2011 net income to increase to 230 billion rupiah ($26.8 million) and net sales may reach 3.2 trillion rupiah, Kontan reported. Multistrada was unchanged at 570 rupiah.

PT Trada Maritime (TRAM IJ): The Indonesian provider of marine services to the petroleum industry signed a memorandum of understanding to acquire convertible bonds issued by PT Awesome Coal that will allow it to own a coal mine with reserves of 61 million tons in East Kalimantan province, Trada Maritime said in an e-mailed statement. The stock jumped 24 percent to 870 rupiah.

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.