Bumi Resources Has Biggest Gain Since September in Jakarta08/01/2013 Shrs 8.2%, most since Sept. 27, biggest gainer on MSCI Emerging Markets Index; trading volumes 221% of 3-mo. ave.
• NOTE: Bumi Plc, which owns 29 percent of Bumi Resources, has set up February meeting with co-founder Nathaniel Rothschild after the financier moved to take over the company. For story, see: NSN MGAE586KLVRG <GO>.
• Bumi to benefit from gain in thermal coal price and improved global economic outlook, says Norico Gaman, head of research at BNI Securities in Jakarta
• NOTE: Thermal coal at Australia’s Newcastle port, the benchmark for Asian contracts, rose 1.2% to $91.70/ton in wk ended Jan. 4, according to IHS McCloskey, a Petersfield, U.K.-based provider of coal data.
• Berau Coal Energy 15%, Indo Tambangraya Megah 2%

(Source : Bloomberg)
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