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Jakarta Post
The Jakarta Post
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Baramulti’s shares drop after IDX debut

  • Raras Cahyafitri

    The Jakarta Post

Jakarta | Fri, November 9 2012 | 10:44 am

PREMIUM Thermal coal producer PT Baramulti Suksessarana (BSSR) saw its share price fall during its trading debut on the Indonesia Stock Exchange (IDX) on Thursday.

The weak showing was attributed to investor concern on global coal prices and a bearish outlook for global stock exchanges by a firm executive.

Shares in Baramulti opened at Rp 1,900 on Thursday, down 2.56 percent from its initial...