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Indonesia stocks higher at close of trade; IDX Composite Index up 2.79%

Published 08/01/2016, 06:15 AM
Updated 08/01/2016, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 2.79%

© Reuters. Indonesia stocks higher at close of trade; IDX Composite Index up 2.79%

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

At the close in Jakarta, the IDX Composite Index added 2.79% to hit a new 52-week high.

The best performers of the session on the IDX Composite Index were Ictsi Jasa Prima Tbk (JK:KARW), which rose 34.53% or 48 points to trade at 187 at the close. Meanwhile, Pool Advista Indonesia Tbk (JK:POOL) added 24.91% or 670 points to end at 3360 and Fks Multi Agro Tbk (JK:FISH) was up 24.73% or 345 points to 1740 in late trade.

The worst performers of the session were Jembo Cable Company Tbk (JK:JECC), which fell 10.00% or 350 points to trade at 3150 at the close. Argha Karya Prima Ind Tbk (JK:AKPI) declined 9.89% or 90 points to end at 820 and Bank Qnb Indonesia Tbk (JK:BKSW) was down 9.85% or 40 points to 366.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 209 to 120 and 88 ended unchanged.

Shares in Pool Advista Indonesia Tbk (JK:POOL) rose to 52-week highs; up 24.91% or 670 to 3360.

Crude oil for September delivery was down 1.13% or 0.47 to $41.13 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.26% or 0.55 to hit $42.98 a barrel, while the December Gold contract fell 0.21% or 2.85 to trade at $1354.65 a troy ounce.

USD/IDR was down 0.15% to 13048.0, while AUD/IDR fell 0.92% to 9875.00.

The US Dollar Index was up 0.14% at 95.66.

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