Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Indonesia stocks lower at close of trade; IDX Composite Index down 2.81%

Published 04/26/2018, 06:15 AM
Updated 04/26/2018, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 2.81%

© Reuters. Indonesia stocks lower at close of trade; IDX Composite Index down 2.81%

Investing.com – Indonesia stocks were lower after the close on Thursday, as losses in the Mining, Financials and Infrastructure sectors led shares lower.

At the close in Jakarta, the IDX Composite Index fell 2.81% to hit a new 6-months low.

The best performers of the session on the IDX Composite Index were Sunson Textile Manufacturer (JK:SSTM), which rose 25.00% or 130 points to trade at 650 at the close. Meanwhile, Protech Mitra Perkasa Tbk PT (JK:OASA) added 24.55% or 82 points to end at 416 and Maskapai Reasuransi Indonesia (JK:MREI) was up 21.94% or 1075 points to 5975 in late trade.

The worst performers of the session were Jembo Cable Company Tbk (JK:JECC), which fell 20.00% or 1240 points to trade at 4960 at the close. Metro Realty Tbk (JK:MTSM) declined 17.90% or 58 points to end at 266 and Primarindo Asia Infrastructure Tbk PT (JK:BIMA) was down 17.65% or 18 points to 84.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 345 to 67 and 81 ended unchanged.

Shares in Sunson Textile Manufacturer (JK:SSTM) rose to all time highs; rising 25.00% or 130 to 650. Shares in Maskapai Reasuransi Indonesia (JK:MREI) rose to 52-week highs; rising 21.94% or 1075 to 5975.

Crude oil for June delivery was up 0.57% or 0.39 to $68.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.77% or 0.57 to hit $74.57 a barrel, while the June Gold Futures contract rose 0.05% or 0.60 to trade at $1323.40 a troy ounce.

USD/IDR was down 0.35% to 13880.5, while AUD/IDR rose 0.14% to 10558.00.

The US Dollar Index Futures was down 0.03% at 91.00.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.