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    Indonesia Stocks: Alam Sutera, Bank Mandiri, International Nickel

    Investing News Network
    Oct. 03, 2011 02:13PM PST
    Base Metals Investing

    Bloomberg reported the Jakarta Composite Index declined for the first time in five days by 200.32 points, or 5.6 percent, to 3,348.71.

    Bloomberg reported the Jakarta Composite Index declined for the first time in five days by 200.32 points, or 5.6 percent, to 3,348.71.

    The market news is quoted as saying,

    PT International Nickel Indonesia (INCO IJ), the nation’s largest producer of the metal, fell 7.4 percent to 2,800 rupiah. Nickel for three-month delivery sank 5.7 percent to $17,600 a ton in London on Sept. 30, the lowest close since Feb. 9, 2010. Futures last traded at $17,885 a ton.

    For the complete market news, click here.

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