Astra Agro, Bank Mandiri, Indah Kiat: Indonesian Equity Preview

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 fell 0.4 percent to 3,852.58.

Palm oil producers: Global palm oil output may rise to a record in the next season as Indonesia and Malaysia, the world’s biggest producers, expand crop area, Oil World said. Production may total 54.9 million metric tons in 2012-13, up 6.6 percent from a year earlier, the Hamburg-based oilseed researcher said in an e-mailed report.

PT Astra Agro Lestari (AALI IJ), Indonesia’s biggest listed plantation company by market value, slid 0.2 percent to 21,750 rupiah and PT Bakrie Sumatera Plantations (UNSP IJ) declined 2 percent to 194 rupiah.

PT Bank Mandiri (BMRI IJ): A group of four lenders led by Indonesia’s biggest bank by assets signed a deal with PT Jasa Marga (JSMR IJ) to provide an 817 billion rupiah ($87 million) loan for the construction of a 13.6 kilometer (8.4 miles) toll road in East Java province, Investor Daily Indonesia reported, citing Corporate Banking Director Fransisca Nelwan Mok. Mandiri slipped 0.7 percent to 6,950 rupiah and Jasa Marga, Indonesia’s largest toll-road operator, fell 1 percent to 5,100 rupiah.

PT Pabrik Kertas Tjiwi Kimia (TKIM IJ): The paper company and its affiliate PT Indah Kiat Pulp & Paper (INKP IJ) plan to spend $400 million this year to expand production capacity and for maintenance of equipment, Investor Daily reported, citing Suhendra Wiriadinata, a director at the two companies. Tjiwi Kimia was unchanged at 2,800 rupiah and Indah Kiat fell 1 percent to 1,030 rupiah.

PT Mitra Adiperkasa (MAPI IJ): Hasbro Inc. will bring its Playskool store-in-store retail program to 15 Kidz Station stores run by Mitra Adiperkasa’s unit PT Map Active in Indonesia, Hasbro said. Mitra Adiperkasa, a retailer that operates Starbucks Coffee Corp. outlets, rose 0.7 percent to 7,100 rupiah.

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