Indonesia - Market factors to watch on April 4

Wed Apr 3, 2013 9:46pm EDT

JAKARTA, April 4 (Reuters) - Following is some
company-related and market news that could affect the local
market.
 
 ----------------------MARKET SNAPSHOT @ 0005 GMT ------------ 
                     INSTRUMENT   LAST       PCT CHG   NET CHG 
 S&P 500                   1553.69     -1.05%   -16.560 
 USD/JPY                   92.84       -0.21%    -0.200 
 10-YR US TSY YLD     1.8072          --    -0.009 
 SPOT GOLD                 1555.24     -0.14%    -2.110 
 US CRUDE                  94.43       -0.02%    -0.020 
 DOW JONES                 14550.35    -0.76%   -111.66 
 ASIA ADRS                132.49      -1.14%     -1.52 
 -------------------------------------------------------------  
     
    GLOBAL MARKETS-Asian shares ease on weak US data, yen firms
before BOJ 
    SE Asia Stocks-Malaysia rebounds on inflows; Thailand falls
to near 2-week lows 

    STOCKS TO WATCH
    > The net profits of national sharia banks as of February
were at 679.7 billion rupiah ($69.73 million), up 80 percent
from 378.1 billion rupiah at the same period last year, a survey
by the central bank showed. Total loan disbursements were up 51
percent to 160.72 trillion rupiah. (Bisnis Indonesia, Investor
Daily)
    > Auto financing company PT Adira Dinamika Multi Finance Tbk
 said growth of its new financing in the first quarter
of 2013 fell 12 percent on an annual basis to 7 trillion rupiah
($718.17 million), due to higher minimum down payment for auto
purchase, said director Hafid Hadeli. (Bisnis Indonesia,
Investor Daily)
    > Industrial estate developer PT Kawasan Industri Jababeka
Tbk is targeting marketing sales of between 1.2
trillion rupiah and 1.5 trillion rupiah this year, said
corporate secretary Muljadi Suganda. (Kontan)
    > Telecommunication tower provider PT Tower Bersama
Infrastructure Tbk plans to refinance its outstanding
debt up to $243 million this year, said director Helmi Yusman
Santoso. (Investor Daily)
    > PT Sumber Segara Primadaya has secured loans totalling
$700 million from China Development Bank Corporation 
with an 11-year tenure to develop a steam power plant that will
have a capacity of 614 mega Watt in Cilacap, Central Java, said
CEO Muhammad Rasul. (Bisnis Indonesia, Investor Daily, Kontan)
    > Indonesian government aims to raise 60.45 trillion rupiah
($6.20 billion) from conventional and sharia bonds in the second
quarter of the year to finance its budget deficit, said
Scenaider CH Siahaan, director at finance ministry's debt
office. (Kontan)
             
    MARKET NEWS 
> Nikkei drops 1.8 pct on U.S. concerns ahead of BOJ        
> Wall St drops on signs of weak economy, North Korea       
> Prices rise as ADP data tempers job hopes                
> Yen bears on tenterhooks as BOJ looms large             
> Gold hits 9-month low as crude and equities slump       
> Oil down most in 5 months as US inventories near record  
> Palm inches up as lower stock hopes offset weak soy markets  
 

   INDONESIA IN THE NEWS
> Saratoga aims to raise $1 bln from two IPOs    
          
    ASIA-PACIFIC STOCK MARKETS
    S.Korea       China      Hong Kong    
    Taiwan       India       Australia/NZ     
     
    OTHER MARKETS
    Currency      Eurostocks      JP bonds  
    ADR Report    LME metals  
         
    STOCKS NEWS
    US 
    Europe 
    Asia   
    
    DIARIES & DATA: 
    U.S. earnings diary     
    European diary      
    Asia Macro         
        
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    U.S. company News European companies 
    Forex news         Global Economy 
    Tech, Media and Telecoms 
    Financials          General/political 
    A multimedia version of Reuters Top News is available at: 
    
    ($1 = 9,747 rupiah)

 (Compiled by Rin Hindryati and Rieka Rahadiana; Editing by
Anupama Dwivedi)