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Indonesia stocks higher at close of trade; IDX Composite Index up 0.60%

Published 07/12/2016, 06:15 AM
Updated 07/12/2016, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.60%

Investing.com – Indonesia stocks were higher after the close on Tuesday, as gains in the Mining, Financials and Infrastructure sectors led shares higher.

At the close in Jakarta, the IDX Composite Index rose 0.60% to hit a new 52-week high.

The best performers of the session on the IDX Composite Index were Lotte Chemical Titan Tbk (JK:FPNI), which rose 34.97% or 50 points to trade at 193 at the close. Meanwhile, Bank Pundi Indonesia Tbk (JK:BEKS) added 34.12% or 29 points to end at 114 and Nusantara Inti Corpora Tbk (JK:UNIT) was up 29.67% or 54.00 points to 236.00 in late trade.

The worst performers of the session were Asuransi Ramayana Tbk (JK:ASRM), which fell 10.00% or 310 points to trade at 2790 at the close. Multipolar Technology Tbk (JK:MLPT) declined 9.84% or 120 points to end at 1100 and Lamicitra Nusantara Tbk (JK:LAMI) was down 9.42% or 26 points to 250.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 166 to 130 and 89 ended unchanged.

Shares in Lotte Chemical Titan Tbk (JK:FPNI) rose to 3-years highs; up 34.97% or 50 to 193. Shares in Bank Pundi Indonesia Tbk (JK:BEKS) rose to 52-week highs; rising 34.12% or 29 to 114.

Crude oil for August delivery was up 1.90% or 0.85 to $45.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 2.31% or 1.07 to hit $47.32 a barrel, while the August Gold contract fell 0.22% or 2.95 to trade at $1353.65 a troy ounce.

USD/IDR was down 0.05% to 13119.0, while AUD/IDR rose 0.78% to 9929.15.

The US Dollar Index was down 0.40% at 96.19.

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