Jakarta...On May 9, 2008, while the rest of the Indonesian stock market dropped slightly, Thompson Financial/Reuters reported that the shares of CP Prima, the largest shrimp farm in the world, rose 6% to 270 rupiah. Market analysts warned that Indonesia’s inflation could hit double-digit levels by the end of 2008 if the government hikes prices on subsidized fuel.
Source: Interactive Investor. Indonesian shares close flat as miners’ gains offset by inflation fears. Roffie Kurniawan (roffie.kurniawan@thomsonreuters.com). May 9, 2008.
No comments:
Post a Comment