(Bloomberg) -- Indonesian stocks rose after consumer prices fell in April from a month ago, raising expectations the nation's central bank will have room to lower interest rates. PT Bank Danamon Indonesia and PT Bank Niaga advanced.
PT Bumi Resources and PT Timah jumped after reporting first- quarter earnings surged, while PT United Tractors and PT Indocement Tunggal Prakarsa declined after reporting first-quarter earnings fell.
Read more at Bloomberg Stocks News
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