JAKARTA (Yosefardi) – Investors opted to collect shares of coal producers PT Bumi Resources Minerals Tbk (BMRS) and PT Berau Coal Energy Tbk (BRAU) this morning while most coal stocks were focused of selling.
BRMS jumped 4.5% to Rp230 per share, rebounded 100% from buttom but remain drops 45% from its peak year to date. While BRAU gained 3.2% to Rp193 per share, regained 61% from its buttom, but still falls 26% from its peak year to date.
Other coal stocks; Indika (-2.38%), Bumi Resources (-1.96%), Harum Energy (-1.52%), Adaro Energy (flat).