February 3, 2010 / 2:05 AM / 9 years ago

UPDATE 1-Indonesia Market factors to watch - Feb 3

 JAKARTA, Feb 3 (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 (TIMES IN LOCAL/GMT)
 (The inclusion of diary items does not necessarily mean that Reuters will cover the event)
 - Parliament hearing with state tin miner PT Timah Tbk (TINS.JK) and state coal miner PT Tambang Batubara Bukit Asam (PTBA.JK), 1000 (0300)
 - Honda media gathering, 1045-1300 (0345-0600)
 - Press conference by Attorney General on the President’s 100-day performance, 1100 (0400)
 PRESS DIGEST
 - HONDA RECALLS CITY CARS
 Sole distributor of Honda vehicles in Indonesia PT Honda Prospect Motor announced a recall of 3,240 units of its city model due to potentially faulty power window switches, said Jonfis Fandi, marketing and after sales diretor. (Jakarta Post)
 - NEWMONT NUSA TENGGARA PAYS 3.9 TRLN RPH TAX IN 2009
 PT Newmont Nusa Tenggara (NNT), a unit of Newmont Mining Corp (NEM.N), paid 3.9 trillion rupiah in tax and royalties in 2009, lower than 4.215 trillion rupiah in 2008, due to lower grade ore production, said Kasan Mulyono, public relations manager. (Jakarta Post)
 - BAKRIE TELECOM MAY INCREASE SIZE OF BOND ISSUE
 Cellular firm PT Bakrie Telecom Tbk (BTEL.JK) may increase the size of its planned bond issue to $300 million from an initial target of $200 million if there is strong investor demand, said deputy president director Danny Buldansjah. (Bisnis Indonesia)
 - FOREIGN INVESTORS EYE STAKE IN BROKERAGE TRIMEGAH
 Three foreign investors have expressed an interest in acquiring a stake in brokerage firm PT Trimegah Securities Tbk (TRIM.JK), said company director Karman Pamurahardjo, but he declined to give details. (Kontan)
 - PT TIMAH ALLOCATES 800 BLN RPH FOR CAPEX IN 2010
 Tin producer PT Timah (TINS.JK) has allocated 800 billion rupiah ($85.5 million) for capital expenditure in 2010, said corporate secretary Abrun Abubakar. (Kontan)
 - KRESNA GRAHA  TO UNDERWRITE 5 BOND ISSUANCES
 Indonesia’s brokerage firm Kresna Graha Sekurindo (KREN.JK) has agreed to underwrite five bond issues this year, including debt to be issued by BCA Finance and Federal International Finance, said president director Michael Steven. (Kontan).
 - CIC READY TO INVEST $2.5 BLN IN INDONESIA
 China Investment Corporation (CIC), China’s sovereign wealth fund, is ready to invest $2.5 billion in Indonesia’s infrastructure and resources sectors, said Gita Wirjawan, the head of the state investment agency (BKPM). (Investor Daily)
 LATEST STORIES ON:
 * Indonesian stocks .......... [.JKSE]
 * Southeast Asian stocks ..... [.SO]
 * Asian stocks preview ....... [STXNEWS/AS]
 * Asian currencies ........... [ASIA-EMRG/FRX]
 * U.S. stocks . [.N]
 * Oil prices .. [O/R]
 * Global markets ............. [MKTS/GLOB]
 * Malaysian crude palm oil ... [POI/]
 * Indonesian palm oil ........ [OILS/TEND]
 * Indonesian economy ......... [ID:nIDECONOMY]
 * Indonesian central bank .... [ID:nIDCENBANK]
 * Indonesian bond market ..... [ID:nIDBOND]
 * Global economy ............. [TOP/MACRO]
 * Key Asian companies ........ [TOP/EQA]
 * Key currencies ............. [FXNEWS]
 * Major deals of interest .... [DEALTALK/]
 * Stocks to buy or sell ...... [BUYSELL/] ————————MARKET SNAPSHOT @ 2308 GMT ————————
              INSTRUMENT     LAST    PCT CHG   NET CHG S&P 500            .SPX     1103.32     1.3      14.130 USD/JPY  
      JPY=       90.38     0.02      0.020 10-YR US TSY YLD  US10YT=RR   3.6386     —       0.000 SPOT GOLD          XAU=      1115.15    0.11      1.200 US CRUDE           CLc1       76.98    -0.32     -0.250 DOW JONES          .DJI    10296.85     1.09     111.32 ASIA ADRS          .BKAS     126.41     1.11       1.39 —————————————————————————————- IN THE NEWS, REUTERS INDONESIA (Click on [ID-RTRS]) Indonesia eyes Pakistan deal on palm oil     [ID:nJAK71962 ] Inflation outlook tests c.bank credibility   [ID:nSGE61103T] Newmont’s Indonesian operation back to normal[ID:nJAK477874] Bakrie Sumatra 4.9 trln rights issue approved[ID:nJAK478367] Jakarta plans protest park to ease traffic   [ID:nJAK220010] Tourist arrivals up in 2009, spending down   [ID:nJAK467276]  ($1 = 9,355 rupiah)  (Reporting by Telly Nathalia, Gde Anugrah Arka; Editing by Sara Webb)     

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