Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo


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

AKR, Bumi, Intraco Penta, Kimia Farma: Indonesia Equity Preview

March 26 (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 4,041.56 on March 22. The market was closed on March 23 for a public holiday.

PT Ace Hardware Indonesia (ACES IJ): The retailer of home improvement products expects revenue to rise 25 percent and net income to gain 10 percent this year, Kontan reported, citing Corporate Secretary Helen Tanzil. Ace has allocated 150 billion rupiah ($16 million) to open 10 stores this year, the report said. The stock slid 0.5 percent to 4,625 rupiah.

PT AKR Corporindo (AKRA IJ): The company’s 2011 net income surged to 2.3 trillion rupiah from 310.9 billion rupiah after posting a 1.7 trillion rupiah extraordinary gain, AKR said. The mean estimate of 11 analysts was for net income of 1.67 trillion rupiah, according to a Bloomberg News survey. AKR, a distributor of fuel and chemicals, retreated 1.3 percent to 3,925 rupiah.

PT Bumi Resources (BUMI IJ): The company’s shareholder, Bumi Plc, may replace billionaire founder Nathaniel Rothschild as co-chairman, the Independent newspaper reported, without saying how it obtained the information. Co-chairman Indra Bakrie will probably take the seat held by Rothschild, who will remain a non-executive director, the Independent said. Bumi Resources, in which Bumi owns a 29 percent stake, was unchanged at 2,425 rupiah.

PT Intraco Penta (INTA IJ): The heavy equipment distributor and China National Heavy Truck Company plan to invest about $100 million to build an assembly plant for Sinotruk, Intraco said. The plant will assemble light and heavy trucks for Indonesia and other member countries of the Association of Southeast Asian Nations, the company said. Intraco was unchanged at 920 rupiah.

PT Kimia Farma (KAEF IJ): The state drug producer plans to expand its business to Vietnam, Jakarta Post reported, citing President Director Muhammad Sjamsul Arifin. Kimia Farma fell 1.1 percent to 445 rupiah.

To contact the reporter on this story: Berni Moestafa in Jakarta at

To contact the editor responsible for this story: Darren Boey at

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.