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    market news

    Indonesia: Vale Retreats

    Investing News Network
    May. 09, 2012 03:51PM PST
    Base Metals Investing

    Bloomberg reported on unusual trading on the Jakarta Composite Index on Wednesday.

    Bloomberg reported on unusual trading on the Jakarta Composite Index on Wednesday.

    As quoted in the market news:

    PT Vale Indonesia (INCO) , Indonesia’s biggest nickel producer, retreated 4.4 percent to 2,725 rupiah, the lowest close since Oct. 5. Nickel futures declined as much as 0.9 percent to $17,201 a barrel in London, extending yesterday’s 1.3 percent loss.

    Click here to read the full Bloomberg report.

    nickel producernickel futuresmarket news
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