Astra, International Nickel, Ramayana: Indonesia Equity Preview

May. 27, 2011 06:58AM PST

Bloomberg reports shares of metals companies may have unusual moves in Indonesian trading.

The market news is quoted as saying,

Metal producers: Tin for three-month delivery declined 2.9 percent to $26,900 a metric ton in London yesterday. Nickel fell 2.5 percent to $22,825 a ton. PT Timah (TINS IJ), the nation’s biggest tin producer, gained 1 percent to 2,625 rupiah and PT International Nickel Indonesia (INCO IJ), Indonesia’s largest producer of the metal, advanced 2.1 percent to 4,900 rupiah.

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