Astra, International Nickel, Ramayana: Indonesia Equity Preview

- May 27th, 2011

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

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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