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    Indonesian Stocks: Nickel Producers See Unusual Stock Movements

    Investing News Network
    Jan. 20, 2012 02:25PM PST
    Base Metals Investing

    Bloomberg reported on trading in Indonesia on the Jakarta Composite Index, including nickel miners who saw unusual trading on Friday.

    Bloomberg reported on trading in Indonesia on the Jakarta Composite Index, including nickel miners who saw unusual trading on Friday.

    As quoted in the market news:

    PT International Nickel Indonesia (INCO) , the nation’s biggest producer of the metal, increased 4.2 percent to 3,725 rupiah, the highest close since Oct. 28. PT Aneka Tambang (ANTM) , the second largest, climbed 1.2 percent to 1,750 rupiah. Nickel futures advanced 3.6 percent to $20,200 a metric ton in London yesterday, the steepest increase since Dec. 16.

    Click here to read the full Bloomberg report.

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