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Indonesia stocks higher at close of trade; IDX Composite Index up 0.80%

Published 04/04/2017, 06:15 AM
Updated 04/04/2017, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.80%

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

At the close in Jakarta, the IDX Composite Index gained 0.80% to hit a new all time high.

The best performers of the session on the IDX Composite Index were Bumi Resources Tbk (JK:BUMI), which rose 23.95% or 80 points to trade at 414 at the close. Meanwhile, Bank Mitraniaga Tbk (JK:NAGA) added 20.61% or 34 points to end at 199 and Rimo International Lestari Tbk PT (JK:RIMO) was up 20.24% or 17.000 points to 101.000 in late trade.

The worst performers of the session were Tifico Fiber Indonesia Tbk (JK:TFCO), which fell 13.33% or 100 points to trade at 650 at the close. Eratex Djaja Tbk (JK:ERTX) declined 13.33% or 20 points to end at 130 and Atlas Resources Tbk (JK:ARII) was down 12.50% or 56 points to 392.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 171 to 149 and 109 ended unchanged.

Shares in Eratex Djaja Tbk (JK:ERTX) fell to 52-week lows; down 13.33% or 20 to 130.

Crude oil for May delivery was up 0.02% or 0.01 to $50.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.06% or 0.03 to hit $53.15 a barrel, while the June Gold Futures contract rose 0.58% or 7.25 to trade at $1261.25 a troy ounce.

USD/IDR was up 0.07% to 13337.0, while AUD/IDR fell 0.66% to 10068.75.

The US Dollar Index Futures was up 0.10% at 100.46.

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