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Indonesia stocks higher at close of trade; IDX Composite Index up 0.79%

Published 07/12/2017, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.79%

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

At the close in Jakarta, the IDX Composite Index added 0.79%.

The best performers of the session on the IDX Composite Index were Cakra Mineral Tbk (JK:CKRA), which rose 33.33% or 17 points to trade at 68 at the close. Meanwhile, Golden Plantation Tbk (JK:GOLL) added 32.08% or 34.00 points to end at 140.00 and Jakarta Kyoei Steel Works Tbk (JK:JKSW) was up 25.93% or 21 points to 102 in late trade.

The worst performers of the session were Bank Qnb Indonesia Tbk (JK:BKSW), which fell 22.22% or 100 points to trade at 350 at the close. Trada Maritime Tbk (JK:TRAM) declined 20.18% or 22 points to end at 87 and Maskapai Reasuransi Indonesia (JK:MREI) was down 18.65% or 690 points to 3010.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 209 to 108 and 105 ended unchanged.

Shares in Jakarta Kyoei Steel Works Tbk (JK:JKSW) rose to 52-week highs; rising 25.93% or 21 to 102. Shares in Maskapai Reasuransi Indonesia (JK:MREI) fell to 52-week lows; falling 18.65% or 690 to 3010.

Crude oil for August delivery was up 1.62% or 0.73 to $45.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 1.43% or 0.68 to hit $48.20 a barrel, while the August Gold Futures contract rose 0.25% or 3.09 to trade at $1217.79 a troy ounce.

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USD/IDR was up 0.14% to 13368.2, while AUD/IDR rose 0.11% to 10191.50.

The US Dollar Index Futures was unchanged 0.00% at 95.49.

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