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Indonesia stocks higher at close of trade; IDX Composite Index up 0.89%

Stock Markets Jun 01, 2016 06:15AM ET
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© Reuters. Indonesia stocks higher at close of trade; IDX Composite Index up 0.89%
 
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Investing.com – Indonesia stocks were higher after the close on Wednesday, as gains in the Consumer Industry, Manufacturing and Miscellaneous Industry sectors led shares higher.

At the close in Jakarta, the IDX Composite Index gained 0.89% to hit a new 1-month high.

The best performers of the session on the IDX Composite Index were Indo Kordsa Tbk (JK:BRAM), which rose 20.00% or 1125 points to trade at 6750 at the close. Meanwhile, Metro Realty Tbk (JK:MTSM) added 17.65% or 60 points to end at 400 and Kabelindo Murni Tbk (JK:KBLM) was up 16.28% or 21 points to 150 in late trade.

The worst performers of the session were Sona Topas Tourism Industry (JK:SONA), which fell 10.00% or 390 points to trade at 3510 at the close. Sumber Alfaria Trijaya Tbk (JK:AMRT) declined 10.00% or 60 points to end at 540 and Toba Pulp Lestari Tbk (JK:INRU) was down 9.73% or 36 points to 334.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 175 to 123 and 91 ended unchanged.

Shares in Sona Topas Tourism Industry (JK:SONA) fell to 52-week lows; falling 10.00% or 390 to 3510. Shares in Kabelindo Murni Tbk (JK:KBLM) rose to 52-week highs; gaining 16.28% or 21 to 150.

Crude oil for July delivery was down 1.59% or 0.78 to $48.32 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.72% or 0.86 to hit $49.03 a barrel, while the August Gold contract rose 0.07% or 0.85 to trade at $1218.35 a troy ounce.

USD/IDR was up 0.07% to 13658.0, while AUD/IDR rose 0.56% to 9908.35.

The US Dollar Index was down 0.28% at 95.56.

Indonesia stocks higher at close of trade; IDX Composite Index up 0.89%
 

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