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Indonesia stocks higher at close of trade; IDX Composite Index up 0.45%

Published 04/05/2017, 06:15 AM
Updated 04/05/2017, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.45%

© Reuters. Indonesia stocks higher at close of trade; IDX Composite Index up 0.45%

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

At the close in Jakarta, the IDX Composite Index gained 0.45% to hit a new all time high.

The best performers of the session on the IDX Composite Index were Rig Tenders Tbk (JK:RIGS), which rose 34.02% or 66 points to trade at 260 at the close. Meanwhile, Ristia Bintang Mahkotasejati (JK:RBMS) added 25.51% or 25 points to end at 123 and Tifico Fiber Indonesia Tbk (JK:TFCO) was up 23.08% or 150 points to 800 in late trade.

The worst performers of the session were Kokoh Inti Arebama Tbk (JK:KOIN), which fell 23.53% or 80 points to trade at 260 at the close. Island Concepts Indonesia Tbk (JK:ICON) declined 23.08% or 90 points to end at 300 and Akbar Indomakmur Stimec Tbk (JK:AIMS) was down 22.29% or 39 points to 136.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 164 to 147 and 123 ended unchanged.

Shares in Rig Tenders Tbk (JK:RIGS) rose to 52-week highs; rising 34.02% or 66 to 260. Shares in Ristia Bintang Mahkotasejati (JK:RBMS) rose to 3-years highs; up 25.51% or 25 to 123.

Crude oil for May delivery was up 1.04% or 0.53 to $51.56 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.03% or 0.56 to hit $54.73 a barrel, while the June Gold Futures contract fell 0.28% or 3.55 to trade at $1254.85 a troy ounce.

USD/IDR was down 0.07% to 13330.0, while AUD/IDR fell 0.03% to 10067.50.

The US Dollar Index Futures was up 0.01% at 100.43.

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