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Indonesia stocks lower at close of trade; IDX Composite Index down 1.96%

Published 07/03/2018, 06:15 AM
Updated 07/03/2018, 06:20 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 1.96%

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

At the close in Jakarta, the IDX Composite Index declined 1.96% to hit a new 52-week low.

The best performers of the session on the IDX Composite Index were PT Cahayasakti Investindo Sukses Tbk (JK:CSIS), which rose 22.98% or 370 points to trade at 1980 at the close. Meanwhile, Sekar Laut Tbk (JK:SKLT) added 16.67% or 150.00 points to end at 1050.00 and Pelangi Indah Canindo Tbk (JK:PICO) was up 16.36% or 36 points to 256 in late trade.

The worst performers of the session were Indomobil Sukses Internasional (JK:IMAS), which fell 25.00% or 700 points to trade at 2100 at the close. Sona Topas Tourism Industry (JK:SONA) declined 24.92% or 820 points to end at 2470 and Ancora Indonesia Resources Tbk (JK:OKAS) was down 24.77% or 53 points to 161.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 343 to 65 and 95 ended unchanged.

Crude oil for August delivery was up 1.12% or 0.83 to $74.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.93% or 0.72 to hit $78.02 a barrel, while the August Gold Futures contract rose 0.52% or 6.40 to trade at $1248.10 a troy ounce.

USD/IDR was up 0.20% to 14384.0, while AUD/IDR rose 0.97% to 10623.50.

The US Dollar Index Futures was down 0.23% at 94.38.

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