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Indonesia Stocks: Energi Mega, International Nickel, Sidomulyo
Jul. 12, 2011 08:07AM PST
Base Metals Investing Bloomberg reports that The Jakarta Composite index (JCI) declined 57.57 points, or 1.4 percent, to 3,938.02, the steepest drop since May 23.
Bloomberg reports that The Jakarta Composite index (JCI) declined 57.57 points, or 1.4 percent, to 3,938.02, the steepest drop since May 23.
The market news is quoted as saying,
PT International Nickel Indonesia (INCO IJ), the nation’s largest producer of the metal, retreated 2.3 percent to 4,350 rupiah, the lowest close since Sept. 7. Nickel for three-month delivery declined 2.8 percent to $23,225 a metric ton in London yesterday, the steepest drop since June 2.