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Bloomberg reported some companies saw unusual trading on Friday as metal producers surged upward on the Jakarta Composite index.
Bloomberg reported some companies saw unusual trading on Friday as metal producers surged upward on the Jakarta Composite index.
As quoted in the market news:
PT Vale Indonesia (INCO) , the nation’s largest nickel producer, jumped 6.7 percent to 4,000 rupiah, the most since Oct. 28. PT Timah (TINS) , Indonesia’s biggest tin producer, rose 5 percent to 1,890 rupiah, the steepest gain since Oct. 12. Nickel futures advanced 3.2 percent to $21,600 a metric ton in London yesterday while tin added 6.9 percent to $24,005 a metric ton.
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