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Indonesia stocks higher at close of trade; IDX Composite Index up 0.27%

Published 11/07/2018, 05:15 AM
Updated 11/07/2018, 05:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.27%

© Reuters. Indonesia stocks higher at close of trade; IDX Composite Index up 0.27%

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

At the close in Jakarta, the IDX Composite Index added 0.27% to hit a new 1-month high.

The best performers of the session on the IDX Composite Index were Sinergi Megah Internusa Tbk PT (JK:NUSA), which rose 34.57% or 56 points to trade at 218 at the close. Meanwhile, Arkadia Digital Media Tbk PT (JK:DIGI) added 25.00% or 235 points to end at 1175 and Indo Straits Tbk (JK:PTIS) was up 23.57% or 74 points to 388 in late trade.

The worst performers of the session were Kota Satu Properti Tbk PT (JK:SATU), which fell 24.81% or 66 points to trade at 200 at the close. Yanaprima Hastapersada Tbk (JK:YPAS) declined 24.69% or 158 points to end at 482 and Sunson Textile Manufacturer (JK:SSTM) was down 24.26% or 114 points to 356.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 203 to 177 and 115 ended unchanged.

Shares in Kota Satu Properti Tbk PT (JK:SATU) fell to all time lows; down 24.81% or 66 to 200.

Crude oil for December delivery was up 1.13% or 0.70 to $62.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 1.65% or 1.19 to hit $73.32 a barrel, while the December Gold Futures contract rose 0.98% or 12.00 to trade at $1235.80 a troy ounce.

USD/IDR was down 1.63% to 14549.5, while AUD/IDR fell 0.70% to 10703.50.

The US Dollar Index Futures was down 0.60% at 95.54.

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