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Indonesia stocks lower at close of trade; IDX Composite Index down 0.70%

Published 07/08/2015, 06:15 AM
Updated 07/08/2015, 06:15 AM
Indonesia stocks lower at close of trade; IDX Composite Index down 0.70%

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

At the close in Jakarta, the IDX Composite Index declined 0.70%.

The best performers of the session on the IDX Composite Index were Sorini Agro Asia Corporindo (JK:SOBI), which rose 25.00% or 600 points to trade at 2400 at the close. Meanwhile, Indonesian Paradise Property (JK:INPP) added 18.75% or 60.00 points to end at 380.00 and Golden Eagle Energy Tbk (JK:SMMT) was up 17.30% or 295 points to 2000 in late trade.

The worst performers of the session were Metro Realty Tbk (JK:MTSM), which fell 25.00% or 175 points to trade at 525 at the close. Bumi Resources Minerals Tbk (JK:BRMS) declined 15.85% or 13 points to end at 69 and Bank Ina Perdana Tbk (JK:BINA) was down 10.71% or 30 points to 250.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 246 to 76 and 36 ended unchanged.

Shares in Metro Realty Tbk (JK:MTSM) fell to 52-week lows; falling 25.00% or 175 to 525. Shares in Indonesian Paradise Property (JK:INPP) rose to 52-week highs; rising 18.75% or 60.00 to 380.00. Shares in Bumi Resources Minerals Tbk (JK:BRMS) fell to all time lows; falling 15.85% or 13 to 69.

Crude oil for August delivery was up 0.75% or 0.39 to $52.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August rose 1.00% or 0.57 to hit $57.42 a barrel, while the August Gold contract rose 0.05% or 0.60 to trade at $1153.20 a troy ounce.

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USD/IDR was up 0.13% to 13352.0, while AUD/IDR fell 1.26% to 9826.75.

The US Dollar Index was down 0.27% at 96.63.

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