Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Indonesia Equity Movers: Astra International, Bank Rakyat, Medco

Shares of the following companies had unusual moves in Indonesian trading. Stock symbols are in parentheses, and share prices are as of the close in Jakarta.

The Jakarta Composite index rose 2.1 percent to 3,783.63, paring a 1.2 percent weekly loss.

Banks: PT Bank Mandiri (BMRI IJ), Indonesia’s biggest bank by assets, gained 4.4 percent to 7,200 rupiah. PT Bank Rakyat Indonesia (BBRI IJ), the second-largest by market value, climbed 3 percent to 6,800 rupiah, the most since Oct. 24.

Indonesia’s banks will generate “high” profitability in 2012 and investors should buy shares of PT Bank Rakyat Indonesia and PT Bank Mandiri, according to BNP Paribas. Bank Rakyat has been able to counter competitors by opening so-called micro branches in urban areas, while Bank Mandiri has maintained asset quality and increased high-yield assets and fee income, Tjandra Lienandjaja, analyst at BNP Paribas, wrote in a report today.

Energy companies: PT Medco Energi Internasional (MEDC IJ), Indonesia’s biggest listed oil company, increased 3.3 percent to 2,375 rupiah. PT Energi Mega Persada (ENRG IJ), the second-biggest, advanced 1.3 percent to 158 rupiah. Crude oil futures rose as much as 0.6 percent to $94.65 a barrel in New York, are poised for a fifth weekly gain.

PT Astra International (ASII IJ), Indonesia’s biggest automotive retailer, rose 1.5 percent to 68,300 rupiah. Indonesia’s new car sales in October rose to 86,101 units, from 79,835 units in September, Kontan reported, citing data from the Association of Indonesian Automotive Industries.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.