Nov. 17 (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 less than 0.1 percent to 3,814.09.
Energy companies: Crude oil futures climbed above $100 a barrel to a five-month high, adding 3.2 percent to $102.59 a barrel in New York yesterday. Oil was last traded at $101.88.
PT Medco Energi Internasional (MEDC IJ), Indonesia’s biggest listed oil company, fell 2 percent to 2,425 rupiah and PT Energi Mega Persada (ENRG IJ), the second largest, climbed 0.6 percent to 162 rupiah.
PT Astra International (ASII IJ): Indonesia’s domestic vehicle sales in October rose 8.1 percent from a month earlier to 86,345 units, Astra said in a statement, citing data from the nation’s automotive industries association. Astra, Indonesia’s biggest automotive retailer, rose 0.1 percent to 71,350 rupiah.
PT Bumi Resources Minerals (BRMS IJ): Newmont Mining Corp. said production is continuing at its Batu Hijau copper and gold mine in Indonesia after about 400 workers went on strike in a dispute over shifts. Bumi Minerals through its venture with three local administrations in West Nusa Tenggara province owns 24 percent of PT Newmont Nusa Tenggara, which operates the Batu Hijau mine. Bumi Minerals rose 3.5 percent to 600 rupiah.
PT Ciputra Development (CTRA IJ): The Ciputra Group expects sales next year to rise 25 percent to 5 trillion rupiah ($551 million) as the Indonesian developer plans to start selling seven property projects, Bisnis Indonesia reported, citing Candra Ciputra, chief executive officer at the group. Ciputra Development was unchanged at 540 rupiah.
To contact the reporter on this story: Berni Moestafa in Jakarta at email@example.com
To contact the editor responsible for this story: Darren Boey at firstname.lastname@example.org