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Indonesia stocks lower at close of trade; IDX Composite Index down 0.14%

Published 12/07/2016, 05:15 AM
Updated 12/07/2016, 05:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.14%

© Reuters. Indonesia stocks lower at close of trade; IDX Composite Index down 0.14%

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

At the close in Jakarta, the IDX Composite Index fell 0.14%.

The best performers of the session on the IDX Composite Index were Bank Pembangunan Barat Dan Banten (JK:BJBR), which rose 20.00% or 450 points to trade at 2700 at the close. Meanwhile, Bumi Citra Permai Tbk (JK:BCIP) added 19.23% or 50 points to end at 310 and Smr Utama Tbk (JK:SMRU) was up 18.49% or 44 points to 282 in late trade.

The worst performers of the session were Bank Ocbc Nisp Tbk (JK:NISP), which fell 10.00% or 170 points to trade at 1530 at the close. Indo Kordsa Tbk (JK:BRAM) declined 10.00% or 700 points to end at 6300 and Radana Bhaskara Finance Tbk (JK:HDFA) was down 9.49% or 26 points to 248.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 193 to 119 and 93 ended unchanged.

Shares in Bank Pembangunan Barat Dan Banten (JK:BJBR) rose to all time highs; gaining 20.00% or 450 to 2700. Shares in Smr Utama Tbk (JK:SMRU) rose to 52-week highs; rising 18.49% or 44 to 282.

Crude oil for January delivery was up 0.26% or 0.13 to $51.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.22% or 0.12 to hit $54.05 a barrel, while the February Gold contract rose 0.29% or 3.35 to trade at $1173.45 a troy ounce.

USD/IDR was up 0.04% to 13309.0, while AUD/IDR fell 0.08% to 9989.00.

The US Dollar Index was up 0.05% at 100.56.

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