UPDATE 2-Indonesia - Market Factors to watch - Oct 7

(Adds more press digest)

JAKARTA, Oct 7 (Reuters) - Following is a list of events in
Indonesia as well as news stories and press reports which may
influence financial markets.

(Reuters welcomes your feedback, and for any queries please
contact Sara Webb in Jakarta editorial on +6221 384 6364 or via
email at sara.webb@thomsonreuters.com or on Reuters messaging
sara.webb.reuters.com@reuters.net)

WHAT IS HAPPENING IN INDONESIA (TIMES IN LOCAL/GMT)

(The inclusion of diary items does not necessarily mean
that Reuters will cover the event)

- 4th Added-Value Mining Indonesia Conference, Association
of Indonesia Mining Professionals, Jakarta

PRESS DIGEST

- JAMSOSTEK INVESTS 500 BLN RPH IN BNI SHARES

Indonesia's largest pension fund PT Jamsostek said it
invested 500 billion rupiah ($56.05 million) to buy PT Bank
Negara Indonesia (BNI) (BBNI.JK) shares in its rights issue,
said Hotbonar Sinaga, Jamsostek's president director. (Bisnis
Indonesia)

- IDX APPROVES BANK SINARMAS IPO

The Indonesian Stock Exchange (IDX) gave pre-listing
approval on Wednesday for PT Bank Sinarmas, a financial unit
owned by Sinar Mas Group, to sell a 40 percent stake worth 370
billion rupiah ($41.48 million) during an initial public
offering (IPO), said Eddy Sugito, a director at the bourse.
(Bisnis Indonesia)

- PERTAMINA HULU ENERGI TO ACQUIRE 46 PCT SHARES OF MEDCO

PT Pertamina Hulu Energi, a unit of state owned oil and gas
company Pertamina, will acquire 46.41 percent shares of PT
Medco Energi Internasional (MEDC.JK), Bisnis Indonesia quoted a
source as saying. It said that the State Enterprises Minister
Mustafa Abubakar supported the plan. (Bisnis Indonesia)

- BNI SEES GROWTH IN TRADE FINANCE

Bank Negara Indonesia (BNI) (BBNI.JK) sees growth in trade
finance and forecast revenues from it to reach 256.6 billion
rupiah ($28.76 million) by the end of 2010, said Bob Ananta,
the bank's general manager for its international division.
(Kontan)

- ATPK RESOURCES TO SELL ITS UNITS FOR FRESH CASH

PT ATPK Resources (ATPK.JK) plans to sell its coal and
nickel units to raise 715 million rupiah ($80,150) to finance
operational expenses, said Andreas Andy Santoso, the company's
corporate secretary. The company will also sell a 10 percent
stake through a rights issue, expected to raise up to 17
billion rupiah to pay its debt. (Kontan)

- MOTORCYCLE SALES IN SEPT FALL

Domestic motorcycle sales in September fell 34 percent to
479,552 units compare to 732,132 units in August 2010, said
Sigit Kumala, senior general manager sales of PT Astra Honda
Motor. (Investor Daily)

MARKET SNAPSHOT

* Asian stocks are set for a cautious start on Thursday
after Wall Street ended mixed on a poor reading on
private-sector employment and speculation about further
quantitative easing from the Federal Reserve.
[STOCKS-NEWS-ASIA]

* Indonesia's stock index .JKSE rose 0.33 percent on
Wednesday, after hitting a fresh record intraday high on strong
inflows to the region. Bank Artha Graha (INPC.JK) led gains, up
34.78 percent, and Indoexchange (INDX.JK) led losses, down
31.33 percent. Harum Energy (HRUM.JK) led market turnover on
its debut, ending 4.8 percent up from its IPO price, and
Bakrieland Development (ELTY.JK) led volume, rising 1.82
percent.

For prices see <0#.JKSE>, for news see [IF-E].

* Tech shares slumped on Wednesday, hit by worries about
demand for semiconductors and data storage. [.N]

* Crude oil ended higher for the fifth day in six on
Wednesday as a larger-than-expected drawdown in U.S. gasoline
stockpiles and a sinking dollar prompted investors to bid up
energy futures. [O/R]

* Palm oil prices hit a near one-week high on Wednesday on
expectations of a new round of central bank action to ginger up
weakening economies although a record U.S. soy crop dragged on
sentiment. [POI/]

MARKET PRICES ----------------------MARKET SNAPSHOT @ 0027
GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1159.97 -0.07% -0.780
USD/JPY JPY= 83 0.13% 0.110
10-YR US TSY YLD US10YT=RR 2.3993 -- 0.007
SPOT GOLD XAU= 1345.2 -0.04% -0.600
US CRUDE CLc1 83.3 0.08% 0.080
DOW JONES .DJI 10967.65 0.21% 22.93
ASIA ADRS .BKAS 132.70 0.42% 0.56
-------------------------------------------------------------

LATEST STORIES ON:

* Indonesia stocks ........... [IF-E]

* Southeast Asian stocks ..... [.SO]

* Asian stocks preview ....... [STXNEWS/AS]

* Asian currencies ........... [ASIA-EMRG/FRX]

* U.S. stocks . [.N]

* Oil prices .. [O/R]

* Global markets ............. [MKTS/GLOB]

* Malaysian crude palm oil ... [POI/]

* Indonesian palm oil ........ [OILS/TEND]

* Global economy ............. [TOP/MACRO]

* Key Asian companies ........ [TOP/EQA]

* Key currencies ............. [FXNEWS]

* Major deals of interest .... [DEALTALK/]

* Stocks to buy or sell ...... [BUYSELL/] IN THE NEWS,
REUTERS INDONESIA (Click on [ID-RTRS]) Indonesia makes biggest
rice purchase since 2007[ID:nHAN242455] Indonesia's rice
production and import policy [ID:nJAK270576] Indonesia's
monthly tin exports to fall on rains[ID:nSGE6950G3] Indonesia
to release 7 mln bbls crude in Nov [ID:nJAK55006] Indonesia
Jasa Marga to buy roads, build city [ID:nSGE6930HJ] Indonesia
Lippo to raise $257 mln from OUE sale [ID:nSGE6950GQ] Harum
Energy up on debut, eyes mine buy [ID:nJAK38916]
($1 = 8,920 rupiah) (Reporting by Rin Hindryati and Telly
Nathalia; Editing by Neil Chatterjee)