Indonesian Stock Movers: Timah

Industrial Metals

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

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.

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