Bloomberg News

Indonesia Stocks: Bakrie Sumatera, Borneo Lumbung Energi & Metal

December 30, 2011

Dec. 30 (Bloomberg) -- Shares of the following companies had unusual moves in Indonesian trading. Stock symbols are in parentheses, and share prices are as of the close at 4 p.m. Jakarta time.

The Jakarta Composite index gained for second day, rising 0.4 percent to 3,821.99, its highest close since Nov. 14. The measure rose 3.2 percent this year, its third consecutive annual advance.

Rubber producers: PT Bakrie Sumatera Plantations (UNSP IJ) rose 1.8 percent to 285 rupiah. June-delivery rubber gained as much as 1.2 percent on the Tokyo Commodity Exchange. The futures recently traded 0.8 percent lower.

PT Borneo Lumbung Energi & Metal (BORN IJ), a coking-coal producer, gained 1.2 percent to 830 rupiah. PT Bakrie & Brothers said Bakrie Group and Borneo Lumbung jointly own a 47.6 percent stake in London-listed mining company Bumi Plc. Bakrie & Brothers made the comment today in an e-mailed statement.

--Editor: Darren Boey

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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