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Indonesia stocks lower at close of trade; IDX Composite Index down 1.38%

Published 01/03/2018, 05:15 AM
Updated 01/03/2018, 05:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 1.38%

© Reuters. Indonesia stocks lower at close of trade; IDX Composite Index down 1.38%

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

At the close in Jakarta, the IDX Composite Index lost 1.38%.

The best performers of the session on the IDX Composite Index were Pelita Samudera Shipping Tbk PT (JK:PSSI), which rose 34.46% or 51 points to trade at 199 at the close. Meanwhile, Batavia Prosperindo Finance (JK:BPFI) added 25.00% or 110.00 points to end at 550.00 and Rimau Multi Putra Pratama (JK:CMPP) was up 25.00% or 62 points to 310 in late trade.

The worst performers of the session were Indofarma Tbk (JK:INAF), which fell 16.60% or 975 points to trade at 4900 at the close. Arthavest Tbk (JK:ARTA) declined 16.27% or 54 points to end at 278 and Cardig Aero Services Tbk (JK:CASS) was down 13.10% or 110 points to 730.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 209 to 142 and 119 ended unchanged.

Shares in Pelita Samudera Shipping Tbk PT (JK:PSSI) rose to all time highs; rising 34.46% or 51 to 199. Shares in Batavia Prosperindo Finance (JK:BPFI) rose to 52-week highs; rising 25.00% or 110.00 to 550.00.

Crude oil for February delivery was up 0.20% or 0.12 to $60.49 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.23% or 0.15 to hit $66.72 a barrel, while the February Gold Futures contract fell 0.02% or 0.20 to trade at $1315.90 a troy ounce.

USD/IDR was down 0.26% to 13464.5, while AUD/IDR rose 0.32% to 10607.50.

The US Dollar Index Futures was up 0.12% at 91.67.

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