Indonesia stocks lower at close of trade; IDX Composite Index down 2.03% By Investing.com

Indonesia stocks lower at close of trade; IDX Composite Index down 2.03%

Stock Markets Mar 07, 2018 05:15AM ET

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Indonesia stocks lower at close of trade; IDX Composite Index down 2.03%

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

At the close in Jakarta, the IDX Composite Index fell 2.03% to hit a new 1-month low.

The best performers of the session on the IDX Composite Index were Kirana Megatara Tbk PT (JK:KMTR), which rose 25.00% or 155 points to trade at 775 at the close. Meanwhile, Ristia Bintang Mahkotasejati (JK:RBMS) added 25.00% or 80 points to end at 400 and Kedawung Setia Industrial Tbk (JK:KDSI) was up 24.79% or 145 points to 730 in late trade.

The worst performers of the session were Sona Topas Tourism Industry (JK:SONA), which fell 21.91% or 850 points to trade at 3030 at the close. Multi Prima Sejahtera Tbk (JK:LPIN) declined 19.50% or 195 points to end at 805 and PT Cahayasakti Investindo Sukses Tbk (JK:CSIS) was down 19.44% or 315 points to 1305.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 336 to 68 and 88 ended unchanged.

Shares in Ristia Bintang Mahkotasejati (JK:RBMS) rose to all time highs; up 25.00% or 80 to 400. Shares in Multi Prima Sejahtera Tbk (JK:LPIN) fell to 5-year lows; losing 19.50% or 195 to 805. Shares in Kedawung Setia Industrial Tbk (JK:KDSI) rose to all time highs; up 24.79% or 145 to 730.

Crude oil for April delivery was down 0.83% or 0.52 to $62.08 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.91% or 0.60 to hit $65.19 a barrel, while the April Gold Futures contract fell 0.09% or 1.20 to trade at $1334.00 a troy ounce.

USD/IDR was down 0.08% to 13763.5, while AUD/IDR fell 0.49% to 10731.50.

The US Dollar Index Futures was down 0.12% at 89.45.

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