Indonesia Stocks: Nickel Falls in London, Producers Retreat

Base Metals Investing

Bloomberg reported some companies saw unusual trading on the Jakarta Composite Index on Monday including nickel producers.

Bloomberg reported some companies saw unusual trading on the Jakarta Composite Index on Monday including nickel producers.

As quoted in the market news:

Nickel producers: Nickel futures retreated 3.8 percent to $20,705 a metric ton in London on Feb. 10, the most since Dec. 14. PT Vale Indonesia (INCO) , the nation’s biggest producer of the metal, dropped 4 percent to 3,650 rupiah and PT Aneka Tambang (ANTM) , the second largest, declined 2.6 percent to 1,860 rupiah.

Click here to read the full Bloomberg report.

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