Indonesian Stock Movers: Timah
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.
Bloomberg reported shares of some companies had unusual moves in Indonesian trading as the Jakarta Composite index rose 1.1 percent to 3,687.77.
Reuters reported on events in Indonesia as well as news stories and press reports that may influence financial markets.
Reuters reported PT Timah will continue to make tin ingot shipments in contracts agreed before an industry group halted all Indonesian exports from October.
Bloomberg reported PT Timah (JAK:TINS) will delay a plan to resume shipments until prices recover as the company negotiates with contractual buyers.
Bloomberg reported Indonesia will halt overseas shipments from Oct. 1 to support prices after a slump.
Bloomberg reported the JCI fell 110.21 points, or 3.2 percent to 3,316.14, extending last week’s 11 percent drop.
Bloomberg reported the Jakarta Composite Index (JCI) fell 2 percent, declining for a fourth straight day.
Bloomberg reported the Jakarta Composite index (JCI) slid 73.55 points, or 1.8 percent, to 3,924.95.
Bloomberg reports that Timah (JAK:TINS) says worldwide consumption of tin will increase two percent this year.
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