Indonesian Stock Movers: Astra Agro, Tambang Batubara Bukit Asam
The Jakarta Composite index rose 0.1 percent to 4,224.00, gaining for a fourth day to a record close.
PT Astra Agro Lestari (AALI) , Indonesia’s biggest listed plantation company by market value, rose 1.2 percent to 21,600 rupiah, the most since March 29. Astra Agro signed an agreement for a loan of as much as $50 million with three foreign banks, Finance Director Santosa said in Jakarta today.
PT Tambang Batubara Bukit Asam (PTBA) , a state-owned coal producer, climbed 0.8 percent to 18,300 rupiah. Bukit Asam will pay a dividend of 700.1 rupiah a share, or a total of 1.85 trillion rupiah ($199 million) compared with 1.21 trillion rupiah paid out last year, the company said today.
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