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Indonesia stocks lower at close of trade; IDX Composite Index down 0.37%

Published 11/28/2018, 05:15 AM
Updated 11/28/2018, 05:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.37%

© Reuters. Indonesia stocks lower at close of trade; IDX Composite Index down 0.37%

Investing.com – Indonesia stocks were lower after the close on Wednesday, as losses in the Infrastructure, Basic Industry and Property sectors led shares lower.

At the close in Jakarta, the IDX Composite Index fell 0.37%.

The best performers of the session on the IDX Composite Index were Indo Komoditi Korpora Tbk PT (JK:INCF), which rose 34.43% or 42 points to trade at 164 at the close. Meanwhile, Panasia Indo Resources Tbk (JK:HDTX) added 31.29% or 46 points to end at 193 and Sinergi Megah Internusa Tbk PT (JK:NUSA) was up 25.00% or 76 points to 380 in late trade.

The worst performers of the session were Super Energy Tbk PT (JK:SURE), which fell 21.49% or 520 points to trade at 1900 at the close. Jasa Armada Indonesia Tbk PT (JK:IPCM) declined 15.22% or 70 points to end at 390 and Star Pacific Tbk (JK:LPLI) was down 15.00% or 18 points to 102.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 199 to 191 and 120 ended unchanged.

Shares in Sinergi Megah Internusa Tbk PT (JK:NUSA) rose to all time highs; rising 25.00% or 76 to 380. Shares in Star Pacific Tbk (JK:LPLI) fell to 5-year lows; down 15.00% or 18 to 102.

Crude oil for January delivery was up 0.68% or 0.35 to $51.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.61% or 0.37 to hit $60.77 a barrel, while the February Gold Futures contract fell 0.05% or 0.60 to trade at $1219.30 a troy ounce.

USD/IDR was up 0.02% to 14536.5, while AUD/IDR rose 0.40% to 10530.95.

The US Dollar Index Futures was up 0.03% at 97.305.

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