Indonesian Stock Movers: Benakat Petroleum, Energi Mega, Indika

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 0.3 percent to 4,154.07. The market was closed for a public holiday on April 6.

Coal producers: PT Bumi Resources (BUMI IJ), Indonesia’s largest producer of the fuel, fell 3.2 percent to 2,275 rupiah, the lowest close since Jan. 3. PT Indika Energy (INDY IJ) lost 1 percent to 2,450 rupiah. Indonesia, the world’s largest exporter of power-station coal, cut the benchmark price for April sales to $105.61 a ton, the lowest in 16 months, according to data released by the energy ministry.

Oil producers: PT Energi Mega Persada (ENRG IJ), the nation’s second-biggest listed oil company, fell 1.6 percent to 184 rupiah. PT Benakat Petroleum Energy (BIPI IJ) lost 1 percent to 196 rupiah, the lowest close since Dec. 19. Crude oil futures dropped as much as 1.4 percent to $101.87 a barrel in New York.

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