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    Indonesia Stocks: PT Timah Rises

    Investing News Network
    Feb. 08, 2012 04:08PM PST
    Industrial Metals Investing

    Bloomberg reported some Indonesian companies’ stocks saw unusual trading on Wednesday on the Jakarta Composite index.

    Bloomberg reported some Indonesian companies’ stocks saw unusual trading on Wednesday on the Jakarta Composite index.

    As quoted in the market news:

    PT Timah (TINS IJ), Indonesia’s biggest tin producer, rose 4.2 percent to 1,980 rupiah, the highest close since Nov. 2. Tin futures gained 4.1 percent to $25,500 a metric ton in London yesterday, the highest close since Aug. 4, and last traded at $25,625.

    Click here to read the full Bloomberg report.

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