Indonesia-Market factors to watch on July 12

JAKARTA, July 12 Thu Jul 11, 2013 10:10pm EDT

JAKARTA, July 12 (Reuters) - Following is some company-related and market news that could have an impact on the local market.

---------------- MARKET SNAPSHOT @0133 GMT -----------------

INSTRUMENT LAST PCT CHG NET CHG

S&P 500 1675.02 1.36 22.40

USD/JPY 99.17 0.23 0.23 10-YR US TSY YLD 92.91 0.00 0.02

SPOT GOLD 1283.24 -0.11 -1.45

US CRUDE 104.67 -0.23 -0.24

DOW JONES 15460.92 1.11 169.26

ASIA ADRS 141.15 3.06 4.2 ------------------------------------------------------------

GLOBAL MARKETS-Asian stocks circumspect as China risk looms

SE Asia Stocks-Rally on US stimulus hopes, fund inflows

STOCKS TO WATCH

- The government plans to sell 30 to 35 percent shares of state-owned PT Merpati Nusantara Airlines to a strategic investor, to repay debt totalling 6 trillion rupiah ($601.8 million), said state-owned enterprises minister Dahlan Iskan, adding that the plan needs approval from lawmakers. (Investor Daily)

- Felda Ventures Holdings Bhd through its unit Felda Global Ventures Kalimantan Sdn Bhd plans to spend 283.5 million ringgit ($89.5 million) on investment over the next five to six years to expand its palm oil plantation in West Kalimantan, said CEO Tan Sri Mohd Isa Abdul Samad. (Investor Daily)

- State-owned PT Pertamina reported oil and gas output in the first half of the year reached 465,000 barrels of oil equivalent per day, up from last year's 462,000 boepd, said director M Husen. (Investor Daily, Bisnis Indonesia)

- Indonesia's Cement Association reported domestic cement consumption grew slower at 7 percent in January-June period to 27.86 million tonnes, due to slowing demand from property and infrastructure sectors, said Chairman Widodo Santoso. (Bisnis Indonesia, Investor Daily)

- State-controlled construction firm PT Adhi Karya Tbk booked a net profit of 58 billion rupiah ($5.82 million) in the first half, up 134 percent from a year ago, said corporate secretary Amrozi Hamidi. (Investor Daily)

MARKET NEWS

> Nikkei edges up to 7-week high on robust Wall St

> Dollar licks its wounds after painful reversal

> Gold heads for biggest weekly gain in nearly 2-yr

> US oil sinks as fears of Midwest crude squeeze ease

INDONESIA IN THE NEWS

> BI surprises again with big rate hike

> Total warns over output of Mahakam field

> Borneo buys Bakrie's 23.8 pct stake in Bumi

> BI: Inflation at upper end of 7.2-7.8 pct

> BI sees 2013 GDP growth at 5.8-6.2 pct

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:

Philippines diary

U.S. earnings diary

European diary

Asia Macro

TOP NEWS

Front Page Asian companies

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:

topnews.session.rservices.com Keywords: MARKETS INDONESIA STOCKS/

($1 = 9,970 rupiah)

($1 = 3.1680 ringgit) (Compiled by Rin Hindryati and Rieka Rahadiana; Editing by xxx)