Indonesia Stocks: Aneka Tambang and PT Timah

Base Metals Investing

Bloomberg reported on the Jakarta Composite index, noting two nickel mining companies’ stocks saw unusual trading on Tuesday.

Bloomberg reported on the Jakarta Composite index, noting two nickel mining companies’ stocks saw unusual trading on Tuesday.

As quoted in the market news:

Nickel producers: PT International Nickel Indonesia (INCO) , the nation’s biggest producer of the metal, increased 2.2 percent to 3,425 rupiah and PT Aneka Tambang (ANTM) , the second largest, rose 1.2 percent to 1,660 rupiah. Nickel futures advanced 1.9 percent to $19,100 a metric ton in London yesterday, the highest close since Oct. 31.

Click here to read the full Bloomberg report.

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