Indonesian Stock Movers: Timah

Bloomberg reported there was unusual trading on Wednesday in the Indonesian stock market.

As quoted in the market news:

PT Timah (TINS) , Indonesia’s largest tin producer, rose 1.7 percent to 1,750 rupiah, the biggest gain since March 27. The company said today it obtained a 3 trillion-rupiah loan commitment from overseas and local banks, mainly to boost its offshore tin-mining operations.

Click here to read the full Bloomberg report.