Shares of Vale Indonesia (INCO) ended lower by 3% to Rp2590 Thursday (Feb 23) as investors responded to full year 2016 results and likely outlook of nickel. The Company booked net profit of US$1.9 million last year, collapsed 92.6% from 2015, due to 22% fall in average selling price of nickel to US$7,396 per ton.To subscribe please click here