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Sentul City Gains Most in Nearly Two Months After ‘Buy’ Rating

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Oct. 17 (Bloomberg) -- PT Sentul City advanced the most in nearly two months in Jakarta trading after PT Mandiri Sekuritas initiated coverage on the Indonesian property developer with a “buy” rating and a share-price estimate of 400 rupiah.

Sentul City rose 11 percent to 260 rupiah as of 1:47 p.m. local time, set for the steepest increase since Aug. 25.

Link to Company News:{BKSL IJ <Equity> CN <GO>}

To contact the editor responsible for this story: Berni Moestafa at bmoestafa@bloomberg.net

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