*Crude oil prices surged on Monday trading, and move to the level of US$60 per barrel, after the countries non-OPEC producers over the weekend agreed lebihdari cut production by 500,000 barrels per day (bpd). OPEC agreed to cut production as much as previously 1.2 million bpd.
*PT Tambang Batu Bara Bukit Asam Tbk (PTBA, Rp12.700, SELL, TP Rp9,500) back menjajakiekspansi two steam power plant (power plant) in Myanmar and Vietnam next year. Totalkapasitas targeted power plant about 800 megawatts (MW).
*PT Chandra Asri Tbk (TPIA, Rp20.175) awarded a contract from the national automotive company, PTToyota Motor Manufacturing Indonesia to supply resin Toyota. Nantinyabakal Company supplies about 25,000 tons of resin per year to PT Toyota Indonesia.
*PT Bank Kesejahteraan Ekonomi (BKE) is planning to issue debt securities such as bonds senioratau medium term notes (MTM) in 2017. The potential scale of value that will be the company terbitkanmencapai Rp500 billion.
*Bank Indonesia (BI) noted that settles banking liquidity in BI until pertamabulan week is still Rp350 trillion. Meanwhile, the government has obtained funding untukkebutuhan prefunding, so that liquidity conditions until the end of 2016 is still adequate.
*This week, the focus of attention of global markets would be drawn to Washington, headquarters AmerikaSerikat Central Bank, the Federal Reserve. The Fed will hold a meeting of the Federal Open Market Committee (FOMC).
*PT Bumi Resources Tbk (BUMI, Rp296). Back menunjukkanperforma financial eventualities, as a rebound in coal and akanrampung debt restructuring in 2017.
*PT Akasha Wira International Tbk (ADES, Rp1.120) plans to increase the capacity of water minumdalam packaging to boost sales. Independent Director of Akasha Wira International WisnuAdjie said they have planned purchase of new machinery in 2016 that will realized in 2017.