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Indonesia stocks higher at close of trade; IDX Composite Index up 0.53%

Published 05/18/2017, 06:15 AM
Updated 05/18/2017, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.53%

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

At the close in Jakarta, the IDX Composite Index rose 0.53%.

The best performers of the session on the IDX Composite Index were PT Pelayaran Tamarin Samudra Tbk (JK:TAMU), which rose 24.49% or 120 points to trade at 610 at the close. Meanwhile, Rimau Multi Putra Pratama (JK:CMPP) added 20.00% or 22 points to end at 132 and Hotel Mandarine Regency Tbk PT (JK:HOME) was up 16.00% or 40 points to 290 in late trade.

The worst performers of the session were Eka Sari Lorena Transport Tbk (JK:LRNA), which fell 30.77% or 52.00 points to trade at 117.00 at the close. Tifa Finance Tbk (JK:TIFA) declined 20.00% or 44 points to end at 176 and Radana Bhaskara Finance Tbk (JK:HDFA) was down 19.05% or 40 points to 170.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 161 to 148 and 123 ended unchanged.

Shares in PT Pelayaran Tamarin Samudra Tbk (JK:TAMU) rose to all time highs; gaining 24.49% or 120 to 610.

Crude oil for June delivery was down 1.61% or 0.79 to $48.28 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 1.59% or 0.83 to hit $51.38 a barrel, while the June Gold Futures contract rose 0.14% or 1.72 to trade at $1260.42 a troy ounce.

USD/IDR was up 0.64% to 13412.8, while AUD/IDR rose 0.67% to 9876.30.

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The US Dollar Index Futures was up 0.14% at 97.48.

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