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Indonesia stocks higher at close of trade; IDX Composite Index up 1.63%

Published 08/01/2018, 06:15 AM
Updated 08/01/2018, 06:20 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 1.63%

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

At the close in Jakarta, the IDX Composite Index added 1.63% to hit a new 1-month high.

The best performers of the session on the IDX Composite Index were Rig Tenders Tbk (JK:RIGS), which rose 34.10% or 59 points to trade at 232 at the close. Meanwhile, Transcoal Pacific Tbk PT (JK:TCPI) added 24.90% or 640 points to end at 3210 and Sat Nusapersada Tbk (JK:PTSN) was up 21.74% or 60 points to 336 in late trade.

The worst performers of the session were Reliance Securities Tbk (JK:RELI), which fell 21.68% or 62 points to trade at 224 at the close. Multifiling Mitra Indonesia (JK:MFMI) declined 20.75% or 165 points to end at 630 and Inter-Delta Tbk (JK:INTD) was down 20.00% or 60.00 points to 240.00.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 251 to 135 and 119 ended unchanged.

Shares in Reliance Securities Tbk (JK:RELI) fell to 5-year lows; down 21.68% or 62 to 224. Shares in Transcoal Pacific Tbk PT (JK:TCPI) rose to all time highs; rising 24.90% or 640 to 3210. Shares in Sat Nusapersada Tbk (JK:PTSN) rose to 5-year highs; gaining 21.74% or 60 to 336.

Crude oil for September delivery was down 0.95% or 0.65 to $68.11 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.89% or 0.66 to hit $73.55 a barrel, while the August Gold Futures contract fell 0.05% or 0.60 to trade at $1223.10 a troy ounce.

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USD/IDR was up 0.07% to 14425.0, while AUD/IDR rose 0.16% to 10732.05.

The US Dollar Index Futures was up 0.07% at 94.40.

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