Bloomberg News

International Nickel Rises to Three-Week High on Dividend Plan

October 16, 2011

Oct. 17 (Bloomberg) -- PT International Nickel Indonesia advanced to a three-week high in Jakarta trading after the nation’s biggest producer of the metal said it plans to pay an interim dividend of $100 million.

International Nickel rose 3.2 percent to 3,200 rupiah as of 9:40 a.m. local time, set for the highest close since Sept. 21.

To contact the editor responsible for this story: Berni Moestafa at bmoestafa@bloomberg.net


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