PT Timah Rises Unexpectedly in Indonesia

Industrial Metals

Bloomberg reported some Indonesian companies saw unusual trading on the Jakarta Composite index on Friday.

Bloomberg reported some Indonesian companies saw unusual trading on the Jakarta Composite index on Friday.

As quoted in the market news:

 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.

Click here to read the full Bloomberg report.

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