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Indonesia stocks higher at close of trade; IDX Composite Index up 0.11%

Published 05/18/2016, 06:15 AM
Updated 05/18/2016, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.11%

Investing.com – Indonesia stocks were higher after the close on Wednesday, as gains in the Property, Trade and Agriculture sectors led shares higher.

At the close in Jakarta, the IDX Composite Index added 0.11%.

The best performers of the session on the IDX Composite Index were Wilmar Cahaya Indonesia Tbk (JK:CEKA), which rose 25.00% or 210 points to trade at 1050 at the close. Meanwhile, Asuransi Multi Artha Guna Tbk (JK:AMAG) added 12.50% or 46 points to end at 414 and Indospring Tbk (JK:INDS) was up 11.94% or 80 points to 750 in late trade.

The worst performers of the session were Modern Internasional Tbk (JK:MDRN), which fell 10.00% or 11 points to trade at 99 at the close. Buana Finance Tbk (JK:BBLD) declined 9.92% or 125 points to end at 1135 and Global Teleshop Tbk (JK:GLOB) was down 9.87% or 46 points to 420.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 145 to 138 and 85 ended unchanged.

Shares in Wilmar Cahaya Indonesia Tbk (JK:CEKA) rose to 52-week highs; rising 25.00% or 210 to 1050. Shares in Modern Internasional Tbk (JK:MDRN) fell to 3-years lows; losing 10.00% or 11 to 99. Shares in Asuransi Multi Artha Guna Tbk (JK:AMAG) rose to all time highs; up 12.50% or 46 to 414.

Crude oil for June delivery was up 0.33% or 0.16 to $48.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.14% or 0.07 to hit $49.35 a barrel, while the June Gold contract fell 0.25% or 3.15 to trade at $1273.75 a troy ounce.

USD/IDR was up 0.48% to 13387.0, while AUD/IDR fell 0.31% to 9722.45.

The US Dollar Index was up 0.36% at 94.89.

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