Monday, April 30, 2007

Indonesia's Stock Index Declines; Gas Negara Slips, Bumi, Timah Advance

(Bloomberg) -- Indonesia's key stock index fell, led by PT Perusahaan Gas Negara and PT United Tractors after the companies reported first-quarter earnings declined. PT Timah and PT Bumi Resources climbed after saying earnings surged.

The Jakarta Composite index lost 5.42, or 0.3 percent, to 1993.74 as of 9:40 a.m. local time. More than three stocks rose for each that fell.


Read more at Bloomberg Stocks News

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