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Indonesia stocks higher at close of trade; IDX Composite Index up 1.60%
Published May 07, 2018 06:15AM ET
© Reuters. Indonesia stocks higher at close of trade; IDX Composite Index up 1.60%
Investing.com – Indonesia stocks were higher after the close on Monday, as gains in the Consumer Industry, Manufacturing and Mining sectors led shares higher.
At the close in Jakarta, the IDX Composite Index gained 1.60%.
The best performers of the session on the IDX Composite Index were Asia Pacific Fibers Tbk (JK:POLY), which rose 34.53% or 48 points to trade at 187 at the close. Meanwhile, Cita Mineral Investindo Tbk PT (JK:CITA) added 25.00% or 150 points to end at 750 and PT Cahayasakti Investindo Sukses Tbk (JK:CSIS) was up 25.00% or 205 points to 1025 in late trade.
The worst performers of the session were Midi Utama Indonesia Tbk (JK:MIDI), which fell 18.00% or 180 points to trade at 820 at the close. Bukit Uluwatu Villa Tbk (JK:BUVA) declined 16.53% or 80 points to end at 404 and Sona Topas Tourism Industry (JK:SONA) was down 15.63% or 500 points to 2700.
Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 216 to 167 and 105 ended unchanged.
Shares in Midi Utama Indonesia Tbk (JK:MIDI) fell to 52-week lows; losing 18.00% or 180 to 820.
Crude oil for June delivery was up 1.03% or 0.72 to $70.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.96% or 0.72 to hit $75.59 a barrel, while the June Gold Futures contract rose 0.04% or 0.50 to trade at $1315.20 a troy ounce.
USD/IDR was up 0.62% to 14017.0, while AUD/IDR unchanged 0.00% to 10508.50.
The US Dollar Index Futures was up 0.23% at 92.63.
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