Indonesia Stocks: Astra Agro, Charoen Pokphand, United Tractors By Berni Moestafa
July 23 (Bloomberg) -- Indonesia's Jakarta Composite index<http://www.bloomberg.com/apps/quote?ticker=JCI%3AIND>declined 0.77 points, or less than 0.1 percent, to 2,211.99 as of the noon local-time break. The following stocks are among the most active in the Indonesian market. Coal companies: PT Bumi Resources<http://www.bloomberg.com/apps/quote?ticker=BUMI%3AIJ>(BUMI IJ), Asia's largest thermal-coal exporter, fell 350 rupiah, or 5.5 percent, to 6,000. PT Tambang Batubara Bukit Asam (PTBA IJ), the company that holds more than a quarter of Indonesia's coal reserves, retreated 350 rupiah, or 2.6 percent, to 13,100. Mining stocks led declines on the Jakarta Composite index today. A drop in oil reduced the allure of alternative fuels such as coal. Crude oil for August delivery fell 2.4 percent to $127.95 a barrel in New York yesterday, falling to a six-week low. Crude oil for September delivery was at $127.64 a barrel in after-hours trading at 1:23 p.m. Singapore time. Palm oil producers: PT Astra Agro Lestari<http://www.bloomberg.com/apps/quote?ticker=AALI%3AIJ>(AALI IJ), Indonesia's largest publicly traded plantation company, dropped 900 rupiah, or 4.1 percent, to 21,000, set for its lowest close since April 3. PT Perusahaan Perkebunan London Sumatra Indonesia (LSIP IJ), the second largest, lost 200 rupiah, or 2.7 percent, to 7,350. Palm oil for October delivery slumped as much as 5.9 percent on the Malaysia Derivatives Exchange today, on course for its biggest one-day drop since April 1. PT Aneka Tambang <http://www.bloomberg.com/apps/quote?ticker=ANTM%3AIJ>(ANTM IJ), an Indonesian gold and nickel miner, slipped 100 rupiah, or 4 percent, to 2,375, on course for its lowest close since Sept. 17. Gold futures for August delivery fell 1.6 percent to $948.50 an ounce in New York yesterday, the lowest closing price since July 10. PT Astra International<http://www.bloomberg.com/apps/quote?ticker=ASII%3AIJ>(ASII IJ), Indonesia's biggest auto retailer, jumped 1,100 rupiah, or 5.4 percent, to 21,600 on course for its highest close since May 21. Astra's plan to subscribe to a rights offer by its mining and heavy equipment subsidiary PT United Tractors will allow the company to tap the unit's growth outlook, Goldman, Sachs & Co. wrote in a note. PT Bank Internasional Indonesia (BNII IJ), which is being acquired by Malaysia's biggest lender, Malayan Banking Bhd.<http://www.bloomberg.com/apps/quote?ticker=MAY%3AMK>, advanced 10 rupiah, or 2.2 percent, to 475. Malayan Banking said it plans to offer to buy the remaining shares of Bank Internasional after getting approval for its $2.7 billion acquisition from Indonesia's central bank. PT Bank Negara Indonesia<http://www.bloomberg.com/apps/quote?ticker=BBNI%3AIJ>(BBNI IJ), the nation's fourth- biggest bank by assets, rose 70 rupiah, or 5.9 percent, to 1,260, set for its biggest gain since June 16. China Construction Bank Corp <http://www.bloomberg.com/apps/quote?ticker=939%3AHK>. has expressed interest in buying as much as 20 percent of Bank Negara, Bisnis Indonesia daily reported. Bank Negara Corporate Secretary, Intan Abdams Katoppo<http://search.bloomberg.com/search?q=Intan+Abdams+Katoppo&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1>, couldn't be immediately reached on her mobile phone. PT Charoen Pokphand Indonesia<http://www.bloomberg.com/apps/quote?ticker=CPIN%3AIJ>(CPIN IJ), the nation's biggest chicken-feed maker by value, gained 40 rupiah, or 4.4 percent, to 940 after reporting its first-half profit more than doubled to 209.6 billion rupiah. PT United Tractors <http://www.bloomberg.com/apps/quote?ticker=UNTR%3AIJ>(UNTR IJ), Indonesia's biggest heavy- equipment seller, jumped 750 rupiah, or 7.9 percent, to 10,250, on course for its best one-day gain since March 25. United Tractors said first-half sales of Komatsu Ltd.'s vehicles rose 44 percent to 2,492 units on higher demand from the mining and agriculture industries. To contact the reporter on this story: Berni Moestafa<http://search.bloomberg.com/search?q=Berni+Moestafa&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1>in Jakarta at [EMAIL PROTECTED] *Last Updated: July 23, 2008 01:44 EDT* On Wed, Jul 23, 2008 at 2:48 PM, Rokaya Aritonang <[EMAIL PROTECTED]> wrote: > > > Best Regard, > > > Rokaya A. > > > > > ------------------------------------ > > + + > + + + + + > Mohon saat meREPLY posting, text dari posting lama dihapus > kecuali diperlukan agar CONTEXTnya jelas. > + + + + + > + +Yahoo! Groups Links > > > >
