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Bloomberg reported the Jakarta Composite Index sand 1.7% on Friday, the most since January on the announcement Indonesia plans to ban export of raw materials like nickel.
Bloomberg reported the Jakarta Composite Index sand 1.7% on Friday, the most since January on the announcement Indonesia plans to ban export of raw materials like nickel.
As quoted in the market news:
PT Aneka Tambang (ANTM) , a gold and nickel producer, lost 2.6 percent to 1,860 rupiah. Indonesia will ban exports of raw metals, including copper and nickel, starting in 2014, according to a decree signed by the nation’s energy ministry on Feb. 6 and posted on its website yesterday.