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Indonesia stocks higher at close of trade; IDX Composite Index up 0.90%

Published 01/10/2019, 05:15 AM
Updated 01/10/2019, 05:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.90%

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

At the close in Jakarta, the IDX Composite Index rose 0.90% to hit a new 6-months high.

The best performers of the session on the IDX Composite Index were PT First Indo American Leasing Tbk (JK:FINN), which rose 34.00% or 17 points to trade at 67 at the close. Meanwhile, Metro Realty Tbk (JK:MTSM) added 29.41% or 50 points to end at 220 and Logindo Samudramakmur Tbk (JK:LEAD) was up 26.00% or 13 points to 63 in late trade.

The worst performers of the session were Reliance Securities Tbk (JK:RELI), which fell 24.88% or 102 points to trade at 308 at the close. Jembo Cable Company Tbk (JK:JECC) declined 19.06% or 1015 points to end at 4310 and Cottonindo Ariesta Tbk PT (JK:KPAS) was down 14.00% or 42 points to 258.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 218 to 213 and 128 ended unchanged.

Shares in Jembo Cable Company Tbk (JK:JECC) fell to 52-week lows; losing 19.06% or 1015 to 4310. Shares in Cottonindo Ariesta Tbk PT (JK:KPAS) fell to all time lows; losing 14.00% or 42 to 258.

Crude oil for February delivery was down 0.57% or 0.30 to $52.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.46% or 0.28 to hit $61.16 a barrel, while the February Gold Futures contract rose 0.12% or 1.55 to trade at $1293.55 a troy ounce.

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USD/IDR was down 0.46% to 14055.0, while AUD/IDR fell 0.29% to 10094.31.

The US Dollar Index Futures was up 0.14% at 94.922.

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