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Indonesia stocks higher at close of trade; IDX Composite Index up 1.28%

Published 10/16/2018, 06:15 AM
Updated 10/16/2018, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 1.28% – Indonesia stocks were higher after the close on Tuesday, as gains in the Consumer Industry, Infrastructure and Manufacturing sectors led shares higher.

At the close in Jakarta, the IDX Composite Index rose 1.28%.

The best performers of the session on the IDX Composite Index were Natura City Developments Tbk PT (JK:CITY), which rose 25.00% or 109 points to trade at 545 at the close. Meanwhile, Arkadia Digital Media Tbk PT (JK:DIGI) added 24.84% or 200 points to end at 1005 and Argha Karya Prima Ind Tbk (JK:AKPI) was up 17.58% or 145 points to 970 in late trade.

The worst performers of the session were Inti Bangun Sejahtera Tbk (JK:IBST), which fell 19.79% or 1425 points to trade at 5775 at the close. Verena Multi Finance Tbk (JK:VRNA) declined 13.39% or 17 points to end at 110 and Lippo Cikarang Tbk (JK:LPCK) was down 13.36% or 185 points to 1200.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 199 to 193 and 112 ended unchanged.

Shares in Natura City Developments Tbk PT (JK:CITY) rose to all time highs; up 25.00% or 109 to 545. Shares in Inti Bangun Sejahtera Tbk (JK:IBST) fell to 52-week lows; falling 19.79% or 1425 to 5775. Shares in Lippo Cikarang Tbk (JK:LPCK) fell to 5-year lows; down 13.36% or 185 to 1200.

Crude oil for November delivery was down 0.89% or 0.64 to $71.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.82% or 0.66 to hit $80.12 a barrel, while the December Gold Futures contract rose 0.16% or 2.00 to trade at $1232.30 a troy ounce.

USD/IDR was down 0.05% to 15193.4, while AUD/IDR rose 0.23% to 10861.50.

The US Dollar Index Futures was up 0.02% at 94.79.

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