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Indonesia stocks higher at close of trade; IDX Composite Index up 2.31%

Stock MarketsMay 09, 2018 06:20AM ET
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© Reuters. Indonesia stocks higher at close of trade; IDX Composite Index up 2.31%

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

At the close in Jakarta, the IDX Composite Index gained 2.31%.

The best performers of the session on the IDX Composite Index were Eterindo Wahanatama Tbk (JK:ETWA), which rose 34.92% or 22 points to trade at 85 at the close. Meanwhile, PT Dafam Property Indonesia Tbk (JK:DFAM) added 25.00% or 165 points to end at 825 and PT Cahayasakti Investindo Sukses Tbk (JK:CSIS) was up 24.78% or 285 points to 1435 in late trade.

The worst performers of the session were Forza Land Indonesia Tbk PT (JK:FORZ), which fell 22.22% or 170 points to trade at 595 at the close. Tunas Alfin Tbk (JK:TALF) declined 15.26% or 58 points to end at 322 and Bank Maspion Indonesia Tbk (JK:BMAS) was down 14.21% or 54 points to 326.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 224 to 184 and 94 ended unchanged.

Shares in PT Dafam Property Indonesia Tbk (JK:DFAM) rose to all time highs; gaining 25.00% or 165 to 825.

Crude oil for June delivery was up 2.56% or 1.77 to $70.83 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 2.57% or 1.92 to hit $76.77 a barrel, while the June Gold Futures contract fell 0.56% or 7.40 to trade at $1306.30 a troy ounce.

USD/IDR was up 0.22% to 14085.0, while AUD/IDR rose 0.05% to 10473.50.

The US Dollar Index Futures was up 0.10% at 93.03.

Indonesia stocks higher at close of trade; IDX Composite Index up 2.31%
 

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