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Indonesia stocks lower at close of trade; IDX Composite Index down 0.18%

Published 08/23/2016, 06:15 AM
Updated 08/23/2016, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.18%

Investing.com – Indonesia stocks were lower after the close on Tuesday, as losses in the Miscellaneous Industry, Agriculture and Mining sectors led shares lower.

At the close in Jakarta, the IDX Composite Index fell 0.18%.

The best performers of the session on the IDX Composite Index were Pelangi Indah Canindo Tbk (JK:PICO), which rose 34.05% or 63 points to trade at 248 at the close. Meanwhile, Bank Ocbc Nisp Tbk (JK:NISP) added 23.53% or 400 points to end at 2100 and Adi Sarana Armada Tbk (JK:ASSA) was up 14.59% or 27 points to 212 in late trade.

The worst performers of the session were Mitra Investindo Tbk (JK:MITI), which fell 9.90% or 10 points to trade at 91 at the close. Xl Axiata Tbk (JK:EXCL) declined 9.89% or 370 points to end at 3370 and Bank Pundi Indonesia Tbk (JK:BEKS) was down 9.88% or 8 points to 73.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 200 to 109 and 93 ended unchanged.

Shares in Pelangi Indah Canindo Tbk (JK:PICO) rose to 3-years highs; up 34.05% or 63 to 248. Shares in Mitra Investindo Tbk (JK:MITI) fell to 3-years lows; losing 9.90% or 10 to 91. Shares in Bank Ocbc Nisp Tbk (JK:NISP) rose to all time highs; gaining 23.53% or 400 to 2100. Shares in Adi Sarana Armada Tbk (JK:ASSA) rose to 52-week highs; up 14.59% or 27 to 212.

Crude oil for October delivery was down 1.10% or 0.52 to $46.89 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.10% or 0.54 to hit $48.62 a barrel, while the December Gold contract fell 0.03% or 0.45 to trade at $1342.95 a troy ounce.

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USD/IDR was up 0.26% to 13249.0, while AUD/IDR fell 0.19% to 10059.85.

The US Dollar Index was down 0.11% at 94.42.

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