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Indonesia stocks higher at close of trade; IDX Composite Index up 1.17%

Stock MarketsOct 17, 2018 06:15AM ET
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© Reuters. Indonesia stocks higher at close of trade; IDX Composite Index up 1.17%

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

At the close in Jakarta, the IDX Composite Index rose 1.17%.

The best performers of the session on the IDX Composite Index were Steel Pipe Industry Of Indonesia (JK:ISSP), which rose 34.25% or 25 points to trade at 98 at the close. Meanwhile, Multipolar Tbk (JK:MLPL) added 26.76% or 19 points to end at 90 and Super Energy Tbk PT (JK:SURE) was up 24.74% or 240 points to 1210 in late trade.

The worst performers of the session were Intan Baruprana Finance Tbk (JK:IBFN), which fell 20.48% or 86.00 points to trade at 334.00 at the close. Argha Karya Prima Ind Tbk (JK:AKPI) declined 12.37% or 120 points to end at 850 and Natura City Developments Tbk PT (JK:CITY) was down 10.83% or 59 points to 486.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 251 to 144 and 117 ended unchanged.

Shares in Super Energy Tbk PT (JK:SURE) rose to all time highs; gaining 24.74% or 240 to 1210.

Crude oil for November delivery was down 0.56% or 0.40 to $71.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.33% or 0.27 to hit $81.14 a barrel, while the December Gold Futures contract fell 0.02% or 0.20 to trade at $1230.80 a troy ounce.

USD/IDR was up 0.38% to 15176.4, while AUD/IDR rose 0.07% to 10866.40.

The US Dollar Index Futures was up 0.06% at 94.84.

Indonesia stocks higher at close of trade; IDX Composite Index up 1.17%
 

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