JAKARTA (Yosefardi) – Investors focused buying shares of nickel producer PT Vale Indonesia Tbk (INCO) and state tin producer PT Timah Tbk (TINS) this morning.
At 10.08 am Jakarta time, INCO jumped 5.03% to Rp3655, with over 16.8 million shares exchanged hands. The stock had gained 70% from its lowest year to date. It reached its lowest at Rp2150 in January 9, 2014.
Meanwhile TINS gained 3.13% to Rp2145 with trading volume of over 13.13 million shares. The stock had also gained 70% from its lowest year to date. It was traded at its lowest at Rp1260 in February 5, 2014.