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    market news

    PT International Nickel Indonesia Share Update

    Investing News Network
    Feb. 11, 2011 03:01PM PST
    Base Metals Investing

    Bloomberg reports that shares of PT International Nickel Indonesia (JAK:INCO) had unusual moves in Indonesian trading.

    Bloomberg reports that shares of PT International Nickel Indonesia (JAK:INCO) had unusual moves in Indonesian trading.

    The market news is quoted as saying:

    PT International Nickel Indonesia (INCO IJ), the nation’s biggest producer of the metal, fell 2 percent to 5,000 rupiah, the biggest drag on the Jakarta Mining Index today. Nickel for three-month delivery declined yesterday by the most since Dec. 23, losing 1.9 percent to $27,850 a metric ton in London.

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