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Indonesia stocks higher at close of trade; IDX Composite Index up 1.67%

Published 08/18/2016, 06:15 AM
Updated 08/18/2016, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 1.67%

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

At the close in Jakarta, the IDX Composite Index gained 1.67% to hit a new 52-week high.

The best performers of the session on the IDX Composite Index were Tempo Inti Media Tbk (JK:TMPO), which rose 34.45% or 41 points to trade at 160 at the close. Meanwhile, Atlas Resources Tbk (JK:ARII) added 23.19% or 96 points to end at 510 and Bank Ocbc Nisp Tbk (JK:NISP) was up 22.02% or 305 points to 1690 in late trade.

The worst performers of the session were Voksel Electric Tbk (JK:VOKS), which fell 10.00% or 110 points to trade at 990 at the close. Bank Pundi Indonesia Tbk (JK:BEKS) declined 10.00% or 9 points to end at 81 and Bank Rakyat Indonesia Agroniaga (JK:AGRO) was down 9.94% or 34 points to 308.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 177 to 130 and 94 ended unchanged.

Shares in Tempo Inti Media Tbk (JK:TMPO) rose to 52-week highs; rising 34.45% or 41 to 160. Shares in Atlas Resources Tbk (JK:ARII) rose to 52-week highs; gaining 23.19% or 96 to 510. Shares in Bank Ocbc Nisp Tbk (JK:NISP) rose to 3-years highs; rising 22.02% or 305 to 1690.

Crude oil for September delivery was up 0.53% or 0.25 to $47.04 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.10% or 0.05 to hit $49.80 a barrel, while the December Gold contract rose 0.40% or 5.35 to trade at $1354.15 a troy ounce.

USD/IDR was up 0.03% to 13132.0, while AUD/IDR fell 0.21% to 10029.70.

The US Dollar Index was down 0.29% at 94.42.

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