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Indonesia stocks higher at close of trade; IDX Composite Index up 0.03%

Published 01/25/2017, 05:15 AM
Updated 01/25/2017, 05:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.03%

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

At the close in Jakarta, the IDX Composite Index gained 0.03%.

The best performers of the session on the IDX Composite Index were Bumi Citra Permai Tbk (JK:BCIP), which rose 34.46% or 51 points to trade at 199 at the close. Meanwhile, Magna Finance Tbk (JK:MGNA) added 34.34% or 34.00 points to end at 133.00 and Mitra Komunikasi Nusantara Tbk PT (JK:MKNT) was up 22.61% or 90 points to 488 in late trade.

The worst performers of the session were Pikko Land Development Tbk (JK:RODA), which fell 23.55% or 114 points to trade at 370 at the close. Panasia Indo Resources Tbk (JK:HDTX) declined 23.33% or 98 points to end at 322 and Sekar Laut Tbk (JK:SKLT) was down 20.54% or 190.00 points to 735.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 172 to 133 and 111 ended unchanged.

Shares in Panasia Indo Resources Tbk (JK:HDTX) fell to 52-week lows; down 23.33% or 98 to 322.

Crude oil for March delivery was down 0.68% or 0.36 to $52.82 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 0.65% or 0.36 to hit $55.08 a barrel, while the February Gold contract fell 0.63% or 7.65 to trade at $1203.15 a troy ounce.

USD/IDR was up 0.07% to 13341.0, while AUD/IDR fell 0.74% to 10056.35.

The US Dollar Index was down 0.18% at 100.09.

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