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Indonesia stocks higher at close of trade; IDX Composite Index up 1.11%

Published 10/14/2016, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 1.11%

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

At the close in Jakarta, the IDX Composite Index added 1.11%.

The best performers of the session on the IDX Composite Index were Kokoh Inti Arebama Tbk (JK:KOIN), which rose 23.08% or 54 points to trade at 288 at the close. Meanwhile, Delta Dunia Makmur Tbk (JK:DOID) added 18.81% or 76 points to end at 480 and Resource Alam Indonesia Tbk (JK:KKGI) was up 16.78% or 240 points to 1670 in late trade.

The worst performers of the session were Magna Finance Tbk (JK:MGNA), which fell 10.00% or 8.00 points to trade at 72.00 at the close. Dua Putra Utama Makmur PT (JK:DPUM) declined 10.00% or 90 points to end at 810 and Radana Bhaskara Finance Tbk (JK:HDFA) was down 9.86% or 28 points to 256.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 155 to 113 and 101 ended unchanged.

Shares in Delta Dunia Makmur Tbk (JK:DOID) rose to 3-years highs; gaining 18.81% or 76 to 480. Shares in Resource Alam Indonesia Tbk (JK:KKGI) rose to 52-week highs; rising 16.78% or 240 to 1670.

Crude oil for November delivery was up 1.19% or 0.60 to $51.04 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.85% or 0.44 to hit $52.47 a barrel, while the December Gold contract fell 0.31% or 3.95 to trade at $1253.65 a troy ounce.

USD/IDR was down 0.11% to 13045.0, while AUD/IDR rose 0.84% to 9974.95.

The US Dollar Index was up 0.28% at 97.80.

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