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Indonesia stocks higher at close of trade; IDX Composite Index up 1.77%

Published 07/04/2018, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 1.77%

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

At the close in Jakarta, the IDX Composite Index added 1.77%.

The best performers of the session on the IDX Composite Index were Indorama Synthetics Tbk (JK:INDR), which rose 25.00% or 1180 points to trade at 5900 at the close. Meanwhile, Indomobil Sukses Internasional (JK:IMAS) added 24.76% or 520 points to end at 2620 and Visi Telekomunikasi Infrastruktur Tbk PT (JK:GOLD) was up 22.50% or 90 points to 490 in late trade.

The worst performers of the session were Radana Bhaskara Finance Tbk (JK:HDFA), which fell 25.95% or 41 points to trade at 117 at the close. PT Cahayasakti Investindo Sukses Tbk (JK:CSIS) declined 25.00% or 495 points to end at 1485 and Capitol Nusantara Indonesia (JK:CANI) was down 25.00% or 57 points to 171.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 196 to 186 and 115 ended unchanged.

Shares in Radana Bhaskara Finance Tbk (JK:HDFA) fell to all time lows; falling 25.95% or 41 to 117. Shares in Capitol Nusantara Indonesia (JK:CANI) fell to 3-years lows; down 25.00% or 57 to 171.

Crude oil for August delivery was down 0.45% or 0.33 to $73.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.06% or 0.05 to hit $77.81 a barrel, while the August Gold Futures contract rose 0.34% or 4.30 to trade at $1257.80 a troy ounce.

USD/IDR was up 0.10% to 14370.8, while AUD/IDR rose 0.14% to 10627.50.

The US Dollar Index Futures was up 0.12% at 94.43.

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