Indonesia Market factors to watch - Nov 6

JAKARTA, Nov 6 (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)

- Foreign ministry to hold a media briefing, 1000 (0300)

PRESS DIGEST

- POWER RESTRICTIONS FOR BUSINESS TO BE REMOVED

The government plans to revoke a regulation obligating
manufacturers to shift two working days a month to the weekend
and non-manufacturers to cut power consumption by 20 percent,
as three steam-generated power plants will start operating in
2010, said Jack Purwono, a director general at the energy and
mining ministry. (Jakarta Post)

- ELNUSA EYES 18 PCT REVENUE GROWTH IN 2010

Indonesian energy exploration firm PT Elnusa Tbk (ELSA.JK)
expects to increase its revenue in 2010 to 2.6 trillion rupiah
($273.7 million), up from an estimated 2.2 trillion rupiah this
year. (Jakarta Post)

- INDONESIA SETS ASIDE 1 TRLN RPH FOR REVAMPING SUGAR
PLANTS

The government has prepared 1 trillion rupiah to revitalise
33 sugar plants in 2010, part of the new administration's
100-day policy programme, Industry Minister MS Hidayat said.
(Kontan)

- PRESIDENT YUDHOYONO CALLS ON PARTIES INVOLVED IN WIRETAP
SCANDAL TO BE REMOVED

Indonesian President Susilo Bambang Yudhoyono has asked the
chief of the national police and the attorney general to remove
officials in recordings on wiretaps that appear to be
implicated in a plot against the anti-corruption agency to help
the investigation. (Kontan)

- BENAKAT PETROLEUM APPOINTS BAHANA TO HELP UNDERWRITE IPO

Indonesian oil drilling firm PT Benakat Petroleum Energy
has appointed PT Bahana Securities to help underwrite its
initial public offering (IPO), in which it plans to sell a
stake of about 38.2 percent and to raise 800 billion rupiah,
president director Arifin Wiguna said. (Kontan)

MARKET SNAPSHOTS

* Indonesia's index slightly edged down 0.2 percent on
Thursday, with top coal producer Adaro Energy (ADRO.JK) down
1.3 percent, state miner Aneka Tambang (ANTM.JK) falling 2.1
percent and PT ATPK Resources (ATPK.JK) over 6 percent lower.
[.SO]

* U.S. stocks jumped on Thursday, pushing the S&P 500 up
for a fourth day, as economic data boosted confidence in the
recovery and strong results from Cisco Systems (CSCO.O)
suggested a rebound in technology spending. [.N]

* Oil fell nearly 1 percent to below $80 a barrel on
Thursday, as doubts about a recovery in oil demand outweighed
positive economic signals. [O/R]

* For global market news, click on [MKTS/GLOB]

* Malaysian crude palm oil futures edged down on Thursday
as investors locked in some profit after a 3.8 percent rally a
day before, taking their cues from a retreat in crude oil,
traders said. [POI/]

* In Indonesia, the state marketing centre, based in
Jakarta, sold 8,500 tonnes of palm oil at a top price of 6,523
rupiah per kg on Thursday, against 6,560 rupiah per kg on
Wednesday. [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 @ 2315 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1066.63 1.92% 20.130
USD/JPY JPY= 90.75 0.08% 0.070
10-YR US TSY YLD US10YT=RR 3.5274 -- 0.000
SPOT GOLD XAU= 1089.9 0.03% 0.350
US CRUDE CLc1 79.79 0.21% 0.170
DOW JONES .DJI 10005.96 2.08% 203.82
ASIA ADRS .BKAS 122.66 1.35% 1.63
-------------------------------------------------------------
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]) JBIC to sign $1.6 bln loan for
power projects [ID:JAK262707] Indonesian President's plans
for first 100 days [ID:nJAK11283] Indonesia President vows
legal reform amid scandal[ID:nJAK183683] Indonesia's police
scandal is a chance for reform [ID:nJAK32084] Indonesia c.bank
receives no bids in reverse repo [ID:nJAK245585] Indonesia law
enforcers to resign over scandal [ID:nJAK183831] ASIA MARKETS
NEWS - For an outlook of Asian stock trading, click on
[STXNEWS/AS] - Asian currencies stuck in tight ranges on
Thursday as investors awaited policy signals from major central
banks, while Indonesia's central bank was spotted selling
dollars to support the rupiah for the second day. [EMRG/FRX] -
Southeast Asian stock markets were mostly lower on Thursday
after a cautious economic outlook from the U.S. Federal
Reserve, with Singapore heavyweights CapitaLand and SingTel
coming under selling pressure, but Manila ended firm. [.SO]
($1 = 9,500 Rupiah)
(Reporting by Jakarta Newsroom)