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Indonesia stocks higher at close of trade; IDX Composite Index up 1.21%

Published 12/21/2017, 05:15 AM
Updated 12/21/2017, 05:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 1.21%

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

At the close in Jakarta, the IDX Composite Index added 1.21% to hit a new all time high.

The best performers of the session on the IDX Composite Index were Malacca Trust Wuwungan Insurance PT (JK:MTWI), which rose 34.75% or 41 points to trade at 159 at the close. Meanwhile, Armidian Karyatama Tbk PT (JK:ARMY) added 33.77% or 51 points to end at 202 and Eureka Prima Jakarta Tbk (JK:LCGP) was up 32.35% or 22 points to 90 in late trade.

The worst performers of the session were Mnc Kapital Indonesia Tbk (JK:BCAP), which fell 23.08% or 360 points to trade at 1200 at the close. Indo Kordsa Tbk (JK:BRAM) declined 14.11% or 1125 points to end at 6850 and Bank Sinarmas Tbk (JK:BSIM) was down 13.64% or 120 points to 760.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 190 to 146 and 120 ended unchanged.

Shares in Mnc Kapital Indonesia Tbk (JK:BCAP) fell to 52-week lows; down 23.08% or 360 to 1200. Shares in Bank Sinarmas Tbk (JK:BSIM) fell to 52-week lows; losing 13.64% or 120 to 760.

Crude oil for February delivery was down 0.12% or 0.07 to $58.02 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.19% or 0.12 to hit $64.44 a barrel, while the February Gold Futures contract fell 0.04% or 0.50 to trade at $1269.10 a troy ounce.

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USD/IDR was down 0.17% to 13557.0, while AUD/IDR fell 0.56% to 10359.00.

The US Dollar Index Futures was down 0.04% at 92.90.

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