Indonesia Equity Movers: Medco, International Nickel, Timah

Bloomberg reports the Jakarta Composite index (JCI) tumbled 200.44 points, or 4.9 percent, to 3,921.64.

The market news is quoted as saying,

PT Timah (TINS IJ), the nation’s largest tin producer, sank 11 percent to 2,100 rupiah, the biggest decline since Oct. 8, 2008. Tin fell 3 percent to $25,505 a metric ton in London yesterday, bringing its three-day loss to 9.2 percent.

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