Indonesia Market factors to watch - Nov 5

Wed Nov 4, 2009 8:50pm EST
 
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 JAKARTA, Nov 5 (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, ALL TIMES LOCAL FOLLOWED BY
GMT
 (The inclusion of diary items does not necessarily mean
that Reuters will cover the event)
 - Asian Institute of Technology Golden Jubilee celebration,
keynote speakers: Public works minister Djoko Kirmanto,
national education minister Muhammad Nuh, Sultan Hotel, 1400
(0700)
 - National police chief to hold hearing with Parliament,
0900 (0200)
 PRESS DIGEST
 - LENDER BTN STARTS IPO ROADSHOW ON NOVEMBER 12
 Home lender PT Bank Tabungan Negara (BTN) will start the
roadshow for its initial public offering on November 12, said
President Director Iqbal Latanro.
 - GUDANG GARAM'S NINE-MONTH NET PROFIT UP 64.6 PCT
 Indonesian tobacco firm PT Gudang Garam's (GGRM.JK)
nine-month net profit rose 64.6 percent to 2.48 trillion rupiah
($260.9 million), director Herry Susianto said. (Kontan)
 - BRI TO PAY Q3 INTERIM DIVIDEND OF 45.74 RPH PER SHARE
 Second-largest lender PT Bank Rakyat Indonesia Tbk
(BBRI.JK) plans to pay an interim dividend for its Q3 net
profit of 45.74 rupiah per share on Dec 16, president director
Sofyan Basir said.(Kontan)
 - BRITISH FIRMS EYE ENERGY, POWER INVESTMENTS IN INDONESIA
 British companies are interested in investing in
Indonesia's renewable energy and electricity sectors, said UK
trade minister Mervyn Davies. (Jakarta Post)
 -BUSINESSMAN FROM HIGH-PROFILE BRIBERY CASE RELEASED
 The police released a businessman who has been at the
centre of a national bribery investigation saying they had
insufficient evidence, despite evidence from tapes played at a
hearing this week in the constitutional court. (Kompas, Jakarta
Post, Koran Tempo)
 - PARLIAMENT URGES KPK TO PROBE BANK CENTURY CASE
 The parliament has urged the Corruption Eradication
Commission, or KPK, to investigate the Bank Century case,
estimated to have caused a loss of 6.7 trillion rupiah ($704.8
million) to the state. (Kompas)
 MARKET SNAPSHOTS
 * Indonesia's index .JKSE gained 1.6 percent on
Wednesday, as shares in miner PT Aneka Tambang Tbk (ANTM.JK)
jumped more than 8 percent on media reports it may head a
consortium to buy some of Newmont Mining Corp's (NEM.N) shares
in its Indonesian venture.
 * U.S. stocks rallied but lost steam on Wednesday after the
Federal Reserve said it would keep rates near zero for "an
extended period" even as it expressed confidence in the
economic recovery. [.N]
 * Oil prices rose by 1 percent on Wednesday after
government data showed an unexpected decline in U.S. crude
inventories, and the U.S. Federal Reserve said it planned to
keep interest rates low. [O/R]
 * For global market news, click on [MKTS/GLOB]
 * Malaysian crude palm oil futures jumped as much as 3.8
percent on Wednesday to hit two-month highs as rising crude oil
markets [O/R] boosted global vegetable oil prices. [POI/]
 * In Indonesia, the state marketing centre, based in
Jakarta, sold 12,000 tonnes of palm oil at a top price of 6,560
rupiah per kg on Wednesday, against 6,458 rupiah per kg on
Tuesday. [OILS/TEND]
 * To see the top news on Indonesia's economy click on
[ID:nIDECONOMY]. For a take a look on the central bank click on
[ID:nIDCENBANK] and for the bond market click on [ID:nIDBOND].
----------------------MARKET SNAPSHOT @ 2319 GMT ------------
                 INSTRUMENT   LAST       PCT CHG   NET CHG
S&P 500             .SPX       1046.5        0.1%     1.090
USD/JPY             JPY=       90.7        -0.04%    -0.040
10-YR US TSY YLD    US10YT=RR  3.5199          --     0.000
SPOT GOLD           XAU=       1093.8       0.13%     1.450
US CRUDE            CLc1       80.2        -0.25%    -0.200
DOW JONES           .DJI       9802.14      0.31%     30.23
ASIA ADRS           .BKAS      121.03       0.82%      0.99
-------------------------------------------------------------
 FOR KEY GLOBAL ECONOMIC NEWS, SEE [TOP/MACRO]
 FOR TOP NEWS ON ASIAN COMPANIES [TOP/EQA]
 FOR ECONOMIC FX RELATED NEWS, HIT [FXNEWS]
 FOR WHAT INVESTORS ARE SAYING ABOUT DEALS [DEALTALK/]
 STOCKS - BUY OR SELL? [BUYSELL/] IN THE NEWS, REUTERS
INDONESIA (Click on [ID-RTRS]) Indonesia not planning large
scale rice exports [ID:nJAK362453] Carrefour Indonesia to
appeal anti-trust ruling [ID:nJAK516588] Finance Min sees Q3
GDP growth at 4.1-4.2 pct   [ID:nJAK538688] Indonesia holds
rates, signals no rush to tighten[ID:nJAK48905] Details of SBI,
sharia debt auction on Wednesday[ID:nJAK536903] VIEW-Indonesia
holds rate, inflation seen down  [ID:nJAK473780] Sulawesi Oct
cocoa exports down 13.2 pct         [ID:nJAK97685] Hot
Stocks-Antam jumps on Newmont unit news     [ID:nJAK533872]
ASIA MARKETS NEWS - For an outlook of Asian stock trading,
click on [STXNEWS/AS] - The Indonesian rupiah initially fell on
Wednesday on concerns tighter monetary policy could prompt more
government bond selling, but it rebounded after the central
bank kept rates on hold and sounded dovish on inflation.
[EMRG/FRX] - Most Southeast Asian markets rose on Wednesday,
recovering from losses the previous session, with banks and
palm oil stocks leading gains in Malaysia, pushing the market
to its highest in a week. [.SO]
 ($1 = 9,505 rupiah)
 (Reporting by Jakarta Newsroom)




 

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