Shares of nickel producer Trimegah Bangun Persada (NCKL) or Harita Nickel, one of the largest in the country, gained 3.16% to Rp980 on Friday last week (October 6), but it fell 21.6% from its IPO price (Rp1,250) along with the downfall of nickel prices. Tradingeconomics.com reported nickel prices has fallen 19.6% year on year, trading at US$2499 per ton on Friday last week.To subscribe please click here
