Bakrie Stocks Edge Up, Borneo Lumbung Jumps 16%

JAKARTA (Yosefardi) – Shares of Bakrie-related companies gained substantially this morning led by Bumi Resources Minerals (BRMS), which gained 11.2%.
More than 180 million shares were traded in the opening hour. Parent Bumi Resources (BUMI) also gained 4.65% with 52 million shares exchanged hands.
Energi Mega Persada (ENRG) also advanced 5.06% with over 182 million shares exchanged hands, while Berau Coal Energy gained 6.25%.
Coking coal producer Borneo Lumbung Energi (BORN), partner of Bakrie Group in Bumi Plc, jumped 16.3% with 25 million shares traded in the opening hour.