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Indonesia stocks higher at close of trade; IDX Composite Index up 0.52%

Published 06/04/2018, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.52%

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

At the close in Jakarta, the IDX Composite Index added 0.52%.

The best performers of the session on the IDX Composite Index were Pikko Land Development Tbk (JK:RODA), which rose 25.00% or 96 points to trade at 480 at the close. Meanwhile, Jakarta Setiabudi Internasional (JK:JSPT) added 24.44% or 220.00 points to end at 1120.00 and Alumindo Light Metal Industry (JK:ALMI) was up 23.56% or 82 points to 430 in late trade.

The worst performers of the session were Bakrie & Brothers Tbk (JK:BNBR), which fell 25.00% or 94 points to trade at 282 at the close. Buana Finance Tbk (JK:BBLD) declined 22.79% or 155 points to end at 525 and Tembaga Mulia Semanan Tbk (JK:TBMS) was down 15.56% or 200.00 points to 1085.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 220 to 180 and 95 ended unchanged.

Shares in Bakrie & Brothers Tbk (JK:BNBR) fell to 52-week lows; down 25.00% or 94 to 282. Shares in Alumindo Light Metal Industry (JK:ALMI) rose to 3-years highs; gaining 23.56% or 82 to 430.

Crude oil for July delivery was down 0.52% or 0.34 to $65.47 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.11% or 0.85 to hit $75.94 a barrel, while the August Gold Futures contract fell 0.11% or 1.40 to trade at $1297.90 a troy ounce.

USD/IDR was up 0.34% to 13873.0, while AUD/IDR rose 0.73% to 10617.00.

The US Dollar Index Futures was down 0.46% at 93.73.

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