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Indonesia stocks higher at close of trade; IDX Composite Index up 0.47%

Published 07/28/2016, 06:15 AM
Updated 07/28/2016, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.47%

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

At the close in Jakarta, the IDX Composite Index gained 0.47% to hit a new 52-week high.

The best performers of the session on the IDX Composite Index were Alakasa Industrindo Tbk (JK:ALKA), which rose 25.00% or 37 points to trade at 185 at the close. Meanwhile, Indomobil Multi Jasa Tbk (JK:IMJS) added 18.11% or 46 points to end at 300 and Bank Pembangunan Timur Tbk (JK:BJTM) was up 15.74% or 85 points to 625 in late trade.

The worst performers of the session were Bank Of India Indonesia Tbk (JK:BSWD), which fell 9.86% or 210 points to trade at 1920 at the close. Batavia Prosperindo Finance (JK:BPFI) declined 9.52% or 60.00 points to end at 570.00 and Smr Utama Tbk (JK:SMRU) was down 9.35% or 20 points to 194.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 196 to 122 and 86 ended unchanged.

Shares in Alakasa Industrindo Tbk (JK:ALKA) rose to 52-week highs; gaining 25.00% or 37 to 185. Shares in Bank Of India Indonesia Tbk (JK:BSWD) fell to 52-week lows; down 9.86% or 210 to 1920. Shares in Bank Pembangunan Timur Tbk (JK:BJTM) rose to all time highs; gaining 15.74% or 85 to 625.

Crude oil for September delivery was down 0.33% or 0.14 to $41.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.61% or 0.27 to hit $43.64 a barrel, while the December Gold contract rose 0.96% or 12.85 to trade at $1347.35 a troy ounce.

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USD/IDR was down 0.17% to 13101.0, while AUD/IDR rose 0.23% to 9805.30.

The US Dollar Index was down 0.28% at 96.48.

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