JAKARTA (Yosefardi) – Shares of coal producers were still under substantial pressures on Indonesia Stock Exchange (IDX) Monday (June 3rd).
Berau Coal Energy (BRAU) lost 7.11%, while Adaro Energy (ADRO) fall further by 5.38%. Bumi Resources, the largest coal producer, also tumbled 6%.
Borneo Lumbung Energi, parent of coking coal producer PT Asmin Koalindo Tuhup, drops 6.2% to new low, while Indika down 2.15%.
Indo Tambangraya Megah, unit of Banpu Plc, also down 3.17%.