Adhi Karya higher on Saudi Arabia projects news

Jakarta (Antara News) - State-construction firm PT Adhi Karya was sharply higher in active early trade on news that it has signed a memorandum of understanding with the Bin Ladin group of Saudi Arabia to construct monorail and other transport projects worth around 5 bln usd, dealers said.

At 9.48 am, Adhi Karya was up 40 rupiah, or 6.56 pct, at 650 on volume of
22.37 mln shares, making it the top traded stock by volume and value.

The composite index was down 2.668 points at 1,531.947. (*)
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