Bloomberg News

Indonesia Stock Movers: Bakrie Sumatera Plantations, Timah

December 09, 2011

Dec. 9 (Bloomberg) -- Shares of the following companies had unusual moves in Indonesian trading. Stock symbols are in parentheses and prices are as of 10:25 a.m. in Jakarta.

The Jakarta Composite index fell 0.7 percent to 3,754.37 The gauge has lost 0.7 percent this week.

Rubber producers: PT Bakrie Sumatera Plantations (UNSP IJ) lost 1.8 percent to 270 rupiah. PT Perusahaan Perkebunan London Sumatra Indonesia (LSIP IJ), the nation’s third-largest plantation stock by market value, dropped 2.2 percent to 2,250 rupiah. May delivery rubber lost as much as 3.1 percent to 281.9 yen a kilogram on the Tokyo Commodity Exchange today.

PT Timah (TINS IJ), Indonesia’s biggest tin producer, fell 1.2 percent to 1,700 rupiah. Tin futures lost 1.7 percent to $20,150 a ton in London yesterday, the most since Dec. 1.

--Editor: Matthew Oakley

To contact the reporter on this story: Berni Moestafa in Jakarta at bmoestafa@bloomberg.net

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


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