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Indonesia stocks higher at close of trade; IDX Composite Index up 0.64%

Published 12/12/2018, 05:15 AM
Updated 12/12/2018, 05:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.64%

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

At the close in Jakarta, the IDX Composite Index rose 0.64%.

The best performers of the session on the IDX Composite Index were Satria Mega Kencana Tbk PT (JK:SOTS), which unchanged 0.00% or 0 points to trade at 436 at the close. Meanwhile, Majapahit Inti Corpora Tbk PT (JK:AKSI) added 20.28% or 58 points to end at 344 and Cottonindo Ariesta Tbk PT (JK:KPAS) was up 18.33% or 110 points to 710 in late trade.

The worst performers of the session were Renuka Coalindo Tbk (JK:SQMI), which fell 25.00% or 185 points to trade at 555 at the close. Tifico Fiber Indonesia Tbk (JK:TFCO) declined 21.79% or 170 points to end at 610 and Onix Capital Tbk (JK:OCAP) was down 20.26% or 62 points to 244.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 234 to 164 and 129 ended unchanged.

Shares in Satria Mega Kencana Tbk PT (JK:SOTS) unchanged to all time highs; unchanged 0.00% or 0 to 436. Shares in Cottonindo Ariesta Tbk PT (JK:KPAS) rose to all time highs; rising 18.33% or 110 to 710. Shares in Onix Capital Tbk (JK:OCAP) fell to 5-year lows; losing 20.26% or 62 to 244.

Crude oil for January delivery was up 2.11% or 1.09 to $52.74 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 1.89% or 1.14 to hit $61.34 a barrel, while the February Gold Futures contract rose 0.21% or 2.65 to trade at $1249.85 a troy ounce.

USD/IDR was down 0.06% to 14591.0, while AUD/IDR rose 0.74% to 10592.45.

The US Dollar Index Futures was down 0.02% at 97.343.

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