Indonesian Stocks Rise After Mandiri's Dividend Beats Estimates
By Eduard Gismatullin and
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Indonesia's benchmark equity index advanced after several state-owned banks offered higher dividend payouts.
The benchmark Jakarta Composite Index gained as much as 3.5% Wednesday, the most since March 3. PT Bank Central Asia, PT Bank Mandiri Persero and PT Bank Rakyat Indonesia Persero were the top contributors to the gauge's rise.
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