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JAKARTA. Shares of PT Medco Energi Internasional Tbk (MEDC)fell to its lowest level in 31 months. MEDC eroded to 7.9% to alevel of USD 1980 per share at 15:15 am in Jakarta. This is its lowest closing level since March 2, 2009.
Stock issuers in Indonesia is the largest oil after crude futures fellfurther depressed in New York, this afternoon. Crude oil fell 2.3% to the position of U.S. $ 77.36 per barrel, continuing the correctionthat occurred late last week by 3.6%.
"The decline in oil futures prices that have dropped the price ofcompany stock," said analyst PT Nusadana OSK SecuritiesIndonesia Arief Budiman, today, in Jakarta.
source: kontan.co.id
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Stock issuers in Indonesia is the largest oil after crude futures fellfurther depressed in New York, this afternoon. Crude oil fell 2.3% to the position of U.S. $ 77.36 per barrel, continuing the correctionthat occurred late last week by 3.6%.
"The decline in oil futures prices that have dropped the price ofcompany stock," said analyst PT Nusadana OSK SecuritiesIndonesia Arief Budiman, today, in Jakarta.
source: kontan.co.id
please give me comments thanks
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