Indonesian Stocks: Aneka Climbs 3.5%
Bloomberg reported shares of companies on the Jakarta Composite index saw unusual moves on Thursday.
As quoted in the market news:
PT Aneka Tambang (ANTM) , Indonesia’s second-biggest nickel producer, climbed 3.5 percent to 1,790 rupiah, the steepest increase since Oct. 27. Aneka expects 2011 revenue may have risen to more than 10 trillion rupiah ($1.1 billion), compared with 8.74 trillion rupiah in 2010, as sales of ferronickel increased, Bisnis Indonesia reported, citing President Director Alwin Syah Lubis. Two calls to Aneka’s office weren’t answered.