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Indonesia stocks higher at close of trade; IDX Composite Index up 0.06%

Published 05/16/2018, 06:15 AM
Updated 05/16/2018, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.06%

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

At the close in Jakarta, the IDX Composite Index rose 0.06%.

The best performers of the session on the IDX Composite Index were Smartfren Telecom Tbk (JK:FREN), which rose 18.07% or 15 points to trade at 98 at the close. Meanwhile, Indorama Synthetics Tbk (JK:INDR) added 17.13% or 550 points to end at 3760 and Jaya Trishindo Tbk PT (JK:HELI) was up 12.90% or 16 points to 140 in late trade.

The worst performers of the session were PT Cahayasakti Investindo Sukses Tbk (JK:CSIS), which fell 24.76% or 520 points to trade at 1580 at the close. Asuransi Jasa Tania Tbk (JK:ASJT) declined 11.34% or 44.00 points to end at 344.00 and Eterindo Wahanatama Tbk (JK:ETWA) was down 11.21% or 12 points to 95.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 212 to 151 and 122 ended unchanged.

Shares in Smartfren Telecom Tbk (JK:FREN) rose to 3-years highs; rising 18.07% or 15 to 98. Shares in Indorama Synthetics Tbk (JK:INDR) rose to 5-year highs; rising 17.13% or 550 to 3760.

Crude oil for June delivery was unchanged 0.00% or 0.00 to $71.31 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.38% or 0.30 to hit $78.13 a barrel, while the June Gold Futures contract fell 0.05% or 0.60 to trade at $1289.70 a troy ounce.

USD/IDR was up 0.21% to 14093.3, while AUD/IDR rose 1.04% to 10610.00.

The US Dollar Index Futures was up 0.21% at 93.34.

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