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Indonesia stocks higher at close of trade; IDX Composite Index up 0.24%

Published 02/24/2017, 05:15 AM
Updated 02/24/2017, 05:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.24%

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

At the close in Jakarta, the IDX Composite Index gained 0.24%.

The best performers of the session on the IDX Composite Index were Verena Multi Finance Tbk (JK:VRNA), which rose 23.16% or 22 points to trade at 117 at the close. Meanwhile, Nusa Konstruksi Enjiniring Tbk (JK:DGIK) added 18.60% or 24 points to end at 153 and Jaya Agra Wattie Tbk (JK:JAWA) was up 12.03% or 16 points to 149 in late trade.

The worst performers of the session were Trada Maritime Tbk (JK:TRAM), which fell 34.21% or 65 points to trade at 125 at the close. Island Concepts Indonesia Tbk (JK:ICON) declined 23.89% or 118 points to end at 376 and Kokoh Inti Arebama Tbk (JK:KOIN) was down 21.88% or 70 points to 250.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 150 to 150 and 114 ended unchanged.

Shares in Nusa Konstruksi Enjiniring Tbk (JK:DGIK) rose to 52-week highs; gaining 18.60% or 24 to 153.

Crude oil for April delivery was down 0.44% or 0.24 to $54.21 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 0.42% or 0.24 to hit $56.34 a barrel, while the April Gold Futures contract rose 0.40% or 4.95 to trade at $1256.35 a troy ounce.

USD/IDR was down 0.16% to 13326.0, while AUD/IDR fell 0.50% to 10247.50.

The US Dollar Index Futures was down 0.09% at 100.86.

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