Bumi Resources Minerals is trading 4.32% up at IDR 725.00, with the move appearing sector-driven as gold recently reached a more-than-two-and-a-half-month high.
- Extends gains after the August 21 close of IDR 695.00 (+1.46%).
- Higher gold prices are lifting Indonesian gold producers broadly.
- August 24 coverage also highlighted expectations for production recovery and improving commodity prices, despite weaker first-half revenue and profit.