Indonesia Market factors to watch - Nov 18
JAKARTA, Nov 18 (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, ALL TIMES LOCAL FOLLOWED BY GMT
(The inclusion of diary items does not necessarily mean that Reuters will cover the event)
- President to hold limited cabinet meeting to discuss report from Team 8
- The 7th general conference of Council for Security Cooperation in the Asia Pacific.
- Jakarta Foreign Correspondents' panel discussion on the latest twists in KPK scandal, 1000 (0300).
- Press conference by Greenpeace on Climate Defenders Camp in Riau, 1045 (0345)
- The Indonesian human rights monitor (Imparsial) to hold a news conference to response Team 8 recommendations, 1100 (0400)
- RBS to hold media workshop: Investing in Turbulent Times - Understanding Technical Analysis, 1000-1200 (0300-0900)
- International workshop "Raising awareness of the UN global counter-terrorism strategy among civil society in Southeast Asia", 0900 (0200)
PRESS DIGEST
- INDONESIA TO RAISE CIGARETTE EXCISE IN JANUARY 2010
The finance ministry plans to increase cigarette excise by at least 5 percent starting Jan. 1, 2010, to plug a deficit in the state budget, said Director General of Custom and Excise Anwar Suprijadi. (Kontan, Jakarta Post)
- IDX ASKS BUMI TO CLARIFY FUNDS FOR BUYING STAKES AT NEWMONT'S UNIT
The Indonesian Stock Exchange has asked PT Bumi Resources Tbk (BUMI.JK) to clarify the source of funds used to finance the purchase of a 10 percent stake at a local unit of Newmont Mining Corp. (NEM.N) worth $391 million, its director, Eddy Sugito, said. (Kontan)
- PT PLN BATUBARA TO SUPPLY 8 MLN TONNES COAL IN 2010
PT PLN Batubara, a coal miner unit of state utility firm PT Perusahaan Listrik Negara will supply 8 million tonnes of coal to 26 power plants in 2011, said PLN Batubara Chief Executive Officer Indriantono. (Kontan)
- RIAU IMMIGRATION TO DEPORTS ACTIVISTS AND JOURNALISTS
Pelalawan Immigration office at Riau province will deport foreign Greenpeace activists and two foreign journalists from Italy and India for visa violations, said head of Riau immigration office Jumanter Lubis. (Jakarta Post)
- MUSLIM CLERICS CALL FOR BAN ON HOLLYWOOD MOVIE OF 2012
Several regional branches of a Muslim clerics body the Indonesian Ulema Council (MUI) urged the doomsday-themed Hollywood movie 2012 to be banned because it runs against Islamic beliefs. (Jakarta Post)
- GUNMEN SHOOT EU'S REPRESENTATIVE HOUSE
An unidentified gunmen opened fire on the resident of head of European Union (EU) representative for Aceh on Monday night but there was no casualty on from the shooting, said Aceh police spokesman Farid Ahmad. (Koran Tempo)
MARKET SNAPSHOTS
* Indonesia's stock index .JKSE rose for a fifth day on Tuesday, up 0.2 percent, earlier climbing to its highest since Oct. 21, with state miner Aneka Tambang (ANTM.JK), rising 2.1 percent.[.SO]
* U.S. stocks rose to fresh 13-months highs on Tuesday as upbeat broker views on improving prospects for two Dow components offset dissapointing holiday spending outlooks from Target and Home Depot [.N]
* Oil prices rose slightly on Tuesday, topping $79 a barrel as demand for oil products supported crude, outweighin pressure from stronger dollar.[O/R]
* For global market news, click on [MKTS/GLOB]
* Malaysian crude palm oil futures edged up 0.3 percent on Tuesday, the fourth consecutive day of gains, but profit-taking in late trade wiped out much of the increase, traders said.[POI/]
* In Indonesia, the state marketing centre, based in Jakarta, sold 8,000 tonnes of crude palm oil at the higest price of 6,853 rupiah per kg on Tuesday.[OILS/TEND]
* To see the top news on Indonesia's economy click on [ID:nIDECONOMY]. For a take a look on the central bank click on [ID:nIDCENBANK] and for the bond market click on [ID:nIDBOND]. ---------------------MARKET SNAPSHOT @ 2313 GMT -------------
INSTRUMENT LAST PCT CHG NET CHG S&P 500 .SPX 1110.32 0.09% 1.020 USD/JPY JPY= 89.29 0.06% 0.050 10-YR US TSY YLD US10YT=RR 3.3232 -- 0.000 SPOT GOLD XAU= 1141.8 0.03% 0.300 US RUDE CLc1 79.38 0.30% -0.240 DOW JONES .DJI 10437.42 0.29% 30.46 ASIA ADRS .BKAS 126.78 -0.46% -0.59 ------------------------------------------------------------- FOR KEY GLOBAL ECONOMIC NEWS, SEE [TOP/MACRO] FOR TOP NEWS ON ASIAN COMPANIES [TOP/EQA] FOR ECONOMIC FX RELATED NEWS, HIT [FXNEWS] FOR WHAT INVESTORS ARE SAYING ABOUT DEALS [DEALTALK/] STOCKS - BUY OR SELL? [BUYSELL/] IN THE NEWS, REUTERS INDONESIA (Click on [ID-RTRS]) Indonesia looks at limit on foreign SBI ownership [ID:nJAK126469] Indonesia urges Antam to buy shares in Newmont [ID:nJAK422108] Indonesia to check whether asylum standoff settled [ID:nJAK41064] Indonesian finmin raises 2.164 trln rph from debt [ID:nJAK309921] Indonesia says no more debt sales planned in 2009 [ID:nJAK68326] Indonesia must address legal reform-president team [ID:JAK401495] Indonesia cbank says foreign flows of SBI "orderly" [ID:nJKB003271] ASIA MARKETS NEWS - For an outlook of Asian stock trading, click on [STXNEWS/AS] - The Philippine peso frll on profit-taking on Tuesday after opening firmer, while the Taiwan dollar hit a 1-1/2-month high on optimism about the island's closer ties with China but eased on offshore markets. [EMRG/FRX] - Singapore's stock narket .FTSTI fell on Tuesday as profit-taking hit big caps such as developer CapitaLand and lender United Overseas Bank, but most other Southeast Asian markets ended with small gains.[.SO] (Reporting by Jakarta Newsroom)
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