Bloomberg News

Indonesia Stocks: Adira Dinamika, Bank Negara, Kalbe Farma

October 27, 2011

Oct. 27 (Bloomberg) -- Shares of the following companies had unusual moves in Indonesian trading. Stock symbols are in parentheses, and prices are as of the 4 p.m. close in Jakarta.

The Jakarta Composite index rose 74.39 points, or 2 percent, to 3,813, gaining for a fourth day.

PT Adira Dinamika Multi Finance (ADMF IJ), the financing unit of PT Bank Danamon Indonesia, advanced 11.8 percent to 11,400 rupiah, set for the steepest increase since Nov. 19, 2010. Adira reported net income in the January through September period rose to 1.2 trillion rupiah ($135 million) from 1.08 trillion rupiah a year earlier.

PT Energi Mega Persada (ENRG IJ), Indonesia’s second largest listed oil company, gained 3 percent to 174 rupiah. Crude futures climbed 2.1 percent to $92.11 a barrel in New York today, rebounding from a 3.2 percent drop yesterday.

--Editor: Greg Ahlstrand

To contact the reporter on this story: Femi Adi in Jakarta at fadi1@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net


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