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Indonesia stocks higher at close of trade; IDX Composite Index up 2.33%

Published 06/29/2018, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 2.33%
- – Indonesia stocks were higher after the close on Friday, as gains in the Basic Industry, Mining and Financials sectors led shares higher.

At the close in Jakarta, the IDX Composite Index added 2.33%.

The best performers of the session on the IDX Composite Index were Intiland Development Tbk (JK:DILD), which rose 25.00% or 74 points to trade at 370 at the close. Meanwhile, PT Cahayasakti Investindo Sukses Tbk (JK:CSIS) added 24.64% or 255 points to end at 1290 and Inti Kapuas Arowana Tbk (JK:IIKP) was up 21.74% or 50.00 points to 280.00 in late trade.

The worst performers of the session were Sekar Laut Tbk (JK:SKLT), which fell 25.00% or 300.00 points to trade at 900.00 at the close. Arita Prima Indonesia Tbk (JK:APII) declined 24.50% or 49 points to end at 151 and Indo Kordsa Tbk (JK:BRAM) was down 19.84% or 1250 points to 5050.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 219 to 181 and 103 ended unchanged.

Shares in Sekar Laut Tbk (JK:SKLT) fell to 52-week lows; losing 25.00% or 300.00 to 900.00. Shares in Arita Prima Indonesia Tbk (JK:APII) fell to 3-years lows; down 24.50% or 49 to 151.

Crude oil for August delivery was up 0.10% or 0.07 to $73.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.60% or 1.24 to hit $78.85 a barrel, while the August Gold Futures contract rose 0.13% or 1.60 to trade at $1252.60 a troy ounce.

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USD/IDR was down 0.20% to 14302.0, while AUD/IDR rose 0.06% to 10574.00.

The US Dollar Index Futures was down 0.53% at 94.50.

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