May 9 (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 0.5 percent to 4,181.07.
Energy companies: Crude futures fell for a fifth day, losing 1 percent to $97.01 a barrel in New York yesterday. The contracts last changed hands at $96.97 in after-hours trading. PT Medco Energi Internasional (MEDC IJ), Indonesia’s biggest listed oil company, dropped 1.2 percent to 2,125 rupiah. PT Energi Mega Persada (ENRG IJ), the second largest, rose 2.2 percent to 187 rupiah.
PT ABM Investama (ABMM IJ): The company’s PT Cipta Kridatama unit obtained a five-year, $209 million contract from PT Rinjani Kartanegara for works such as land clearing at Rinjani’s mining concession area in East Kalimantan province, ABM said. The stock rose 1.4 percent to 3,700 rupiah.
PT Ciputra Development (CTRA IJ): The property developer’s first-quarter net income more than doubled to 83.3 billion rupiah ($9 million) from 31.8 billion rupiah a year earlier. Revenue rose to 551.8 billion rupiah from 377.7 billion rupiah, it said. Ciputra advanced 2.7 percent to 750 rupiah.
PT Indocement Tunggal Prakarsa (INTP IJ): Indonesia’s second-largest cement maker will pay 30 percent of last year’s net income, or 1.07 trillion rupiah, as dividends on July 5, Investor Daily Indonesia reported, citing Director Nelson Borch. Indocement slid 0.5 percent to 18,450 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