Indonesian Stocks: Bekasi Fajar, Ciputra Development, Medco
The Jakarta Composite Index (JCI) slid 0.1 percent to 4,149.80, falling for a second day.
Oil producers: PT Medco Energi Internasional (MEDC) , the nation’s biggest listed oil company, lost 1.2 percent to 2,075 rupiah. PT Energi Mega Persada (ENRG) , the second largest, dropped 2.2 percent to 180 rupiah. Crude oil futures touched a seven-week low yesterday, dropping to as low as $100.81 a barrel. Oil was last at $101.97.
PT Bekasi Fajar Industrial Estate (BEST) , an industrial- park developer, jumped 68 percent to 285 rupiah on its first trading day after raising 300 billion rupiah ($33 million) in an initial public offering last week.
PT Ciputra Development (CTRA) , a property developer, rose 1.3 percent to 760 rupiah, closing at a record. Ciputra expects marketing sales to rise 73 percent this year to 6.35 trillion rupiah, it said today.
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