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End-of-day quote
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|
5-day change | 1st Jan Change | ||
| 1,000 IDR | +4.17% |
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+11.11% | +55.04% |
| Mar. 28 | PT TIMAH Tbk Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Feb. 21 | Indonesian authorities announce 2 new suspects in illegal tin mining probe | RE |
Indonesian tin miner PT Timah, the world's second-largest producer, said it is temporarily reducing its production and will delay exports as the coronavirus outbreak has impacted demand for the metal.
"In the current situation, due to coronavirus outbreak, many companies are stopping production and this has reduced demand and prices continue to see correction," Chief Executive Riza Pahlevi said in a statement distributed late on Tuesday.
He said the company is delaying some exports and is reducing its monthly output by 20%-30% while it gauges the global demand.
(Reporting by Fransiska Nangoy; Editing by Christian Schmollinger)
| 1st Jan change | Capi. | |
|---|---|---|
| +55.04% | 460M | |
| -14.92% | 1.4B | |
| +31.11% | 1.09B |
PT TIMAH TBK 
