JAKARTA (Yosefardi) – Along with broader market which in rebound, mining stocks gained though in small trading volume in line with higher oil price.
Timah surged 6.2%, Energi Mega jumped 3.75%, Aneka Tambang, rose 2.78%, and Vale Indonesia increased 2.94%. While Medco Energy lost 2.59% on profit taking after recent gains.
Among coal stocks Indika Energy lifted 5.63%, Borneo Lumbung hiked 6.25%, Bumi Resources surged 5.9%, and Adaro Energy climbed 3%.
Nymex’s crude oil rose 1.45% to US$109.52 per barrel in Asian trading this morning.