Indocement sold at IDR16,150 per share

JAKARTA: A foreign institutional today has sold 1.6% stake in Indonesia's second largest cement maker PT Indocement Tunggal Prakarsa Tbk (INTP) at IDR16,150 per share or IDR969 billion.The transaction was done after Macquarie Securites, placement agent,
Wandrik Panca Adiguna | 09 Desember 2010 04:44 WIB

JAKARTA: A foreign institutional today has sold 1.6% stake in Indonesia's second largest cement maker PT Indocement Tunggal Prakarsa Tbk (INTP) at IDR16,150 per share or IDR969 billion.The transaction was done after Macquarie Securites, placement agent, closed a crossing deal at IDR16,150, nearly the lowest level of the placement price range.Indocement stocks yesterday were offered at IDR16,000-IDR17,000 per share.Following the shares sale, Indocement steeply fell 4.71% to IDR16,200. (wiw)

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