Indonesia stocks higher at close of trade; IDX Composite Index up 0.38% By Investing.com

Indonesia stocks higher at close of trade; IDX Composite Index up 0.38%

Stock Markets Jan 18, 2019 05:15AM ET

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Indonesia stocks higher at close of trade; IDX Composite Index up 0.38%

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

At the close in Jakarta, the IDX Composite Index gained 0.38% to hit a new 6-months high.

The best performers of the session on the IDX Composite Index were Renuka Coalindo Tbk (JK:SQMI), which rose 24.84% or 76 points to trade at 382 at the close. Meanwhile, Kirana Megatara Tbk PT (JK:KMTR) added 24.63% or 66 points to end at 334 and Jakarta Int Hotels & Dev (JK:JIHD) was up 23.95% or 114 points to 590 in late trade.

The worst performers of the session were Tifico Fiber Indonesia Tbk (JK:TFCO), which fell 15.65% or 115 points to trade at 620 at the close. Onix Capital Tbk (JK:OCAP) declined 15.04% or 40 points to end at 226 and Yanaprima Hastapersada Tbk (JK:YPAS) was down 12.88% or 85 points to 575.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 214 to 195 and 140 ended unchanged.

Shares in Jakarta Int Hotels & Dev (JK:JIHD) rose to 52-week highs; gaining 23.95% or 114 to 590.

Crude oil for February delivery was up 1.25% or 0.65 to $52.72 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 1.16% or 0.71 to hit $61.89 a barrel, while the February Gold Futures contract fell 0.60% or 7.75 to trade at $1284.55 a troy ounce.

USD/IDR was unchanged 0.00% to 14175.0, while AUD/IDR fell 0.09% to 10184.03.

The US Dollar Index Futures was up 0.01% at 95.718.

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