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Nickel Investing

Bloomberg reported shares in some Indonesian companies had unusual trading as the Jakarta Composite Index climbed 0.25 points.

Bloomberg reported shares in some Indonesian companies had unusual trading as the Jakarta Composite Index climbed 0.25 points.

As quoted in the market news:

PT International Nickel Indonesia (INCO IJ), the nation’s largest producer of the metal, declined 2.2 percent to 3,400 rupiah, the most since Nov. 3. Nickel for three-month delivery dropped for a third day yesterday, losing 1.4 percent to $17,550 a metric ton on the London Metal Exchange, the lowest settlement since Feb. 9.

Click here to read the full Bloomberg report.

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