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Indonesia stocks higher at close of trade; IDX Composite Index up 1.45%

Published 08/05/2015, 06:15 AM
Updated 08/05/2015, 06:15 AM
Indonesia stocks higher at close of trade; IDX Composite Index up 1.45%

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

At the close in Jakarta, the IDX Composite Index gained 1.45%.

The best performers of the session on the IDX Composite Index were Krakatau Steel Persero Tbk (JK:KRAS), which rose 24.77% or 80 points to trade at 403 at the close. Meanwhile, Kresna Graha Sekurindo Tbk (JK:KREN) added 12.99% or 100 points to end at 870 and Pelat Timah Nusantara Tbk (JK:NIKL) was up 11.69% or 9 points to 86 in late trade.

The worst performers of the session were Steady Safe TBK PT (JK:SAFE), which fell 17.89% or 22 points to trade at 101 at the close. Tifa Finance Tbk (JK:TIFA) declined 12.78% or 23 points to end at 157 and Kokoh Inti Arebama Tbk (JK:KOIN) was down 11.43% or 40 points to 310.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 196 to 136 and 45 ended unchanged.

Shares in Kresna Graha Sekurindo Tbk (JK:KREN) rose to all time highs; rising 12.99% or 100 to 870. Shares in Tifa Finance Tbk (JK:TIFA) fell to all time lows; down 12.78% or 23 to 157.

Crude oil for September delivery was up 0.49% or 0.23 to $45.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.60% or 0.30 to hit $50.29 a barrel, while the December Gold contract fell 0.56% or 6.10 to trade at $1084.60 a troy ounce.

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USD/IDR was up 0.15% to 13515.0, while AUD/IDR rose 0.12% to 10032.15.

The US Dollar Index was up 0.20% at 98.24.

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