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

Indonesian Stock Movers: Adaro Energy, Danamon, Indofood Sukses

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 rose 0.4 percent to 4,180.73. The gauge advanced 1.4 percent this month, its fifth month of gains. That’s the longest stretch of monthly gains since July 2011.

PT Adaro Energy (ADRO IJ), Indonesia’s second-largest coal producer, gained 2.8 percent to 1,860 rupiah, the sharpest increase since March 2. Adaro said first-quarter production rose 3.4 percent to 10.96 million metric tons from 10.6 million tons in the same period last year. Adaro remains on track to reach its 2012 full-year output target of 50 million to 53 million tons, it said in a statement.

PT Berau Coal Energy (BRAU IJ), a coal producer, declined 5.6 percent to 510 rupiah, the biggest drop since Nov. 1. Berau said its first-quarter net income sank 66 percent from a year earlier to $12 million.

PT Bank Danamon Indonesia (BDMN IJ), which Singapore’s DBS Group Holdings Ltd. plans to acquire, fell 5.1 percent to 5,600 rupiah, the lowest close since March 30. DBS’ bid might face new challenges after the Indonesian central bank said April 27 that the takeover is pending a new bank ownership rule and on a reciprocity agreement with Singapore’s monetary authority, PT Kim Eng Securities wrote in a note.

PT Indofood Sukses Makmur (INDF IJ), the parent company of Indonesia’s biggest instant-noodle maker, climbed 3.2 percent to 4,850 rupiah. Indofood said first-quarter net income rose to 815 billion rupiah ($89 million), from 735 billion rupiah a year earlier.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.