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

Bloomberg Customers

Indonesia Stocks: Bank Mandiri, Indofarma, Wintermar Offshore

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

The Jakarta Composite index fell 0.5 percent to 3,769.21, the most since Dec. 15. The benchmark gauge has risen 1.8 percent this year.

Banking stocks: PT Bank Mandiri (BMRI IJ), Indonesia’s biggest bank by assets, declined 2.2 percent to 6,600 rupiah. PT Bank Rakyat Indonesia (BBRI IJ), the second-largest by market value, dropped 2.2 percent to 6,700 rupiah. Financial stocks were the biggest drag on the composite index.

The shares fell on concern a weaker rupiah and a stronger oil price will accelerate inflation and prompt an increase in interest rates, according to Edwin Sebayang, an analyst at PT MNC Securities. The rupiah slid to 9,200 against the dollar yesterday, the weakest level since Dec. 15.

PT Indofarma (INAF IJ), an Indonesian pharmaceutical company, gained 2.9 percent to 175 rupiah, the highest close since Feb. 29, 2008. Bisnis Indonesia reported Indofarma plans to sell radiopharmaceutical products and has obtained a purchase commitment from a Japanese buyer worth as much as 50 billion rupiah ($5.44 million). Corporate Secretary Ahida Amini couldn’t be reached when called at her office.

PT Medco Energi Internasional (MEDC IJ), Indonesia’s biggest listed oil company, climbed 1 percent to 2,475 rupiah. Crude-oil futures rose 1.7 percent to $101.34 a barrel in New York yesterday, gaining for a sixth straight day, the longest rally since November 2010. Oil last traded at $101.06.

PT Wintermar Offshore Marine (WINS IJ), a shipping services company, jumped 7.9 percent to 340 rupiah, the highest close since Dec. 8. Two units of the company signed a $45 million loan agreement with the International Finance Corp. yesterday to fund fleet expansion, Wintermar said.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.