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Indonesia stocks lower at close of trade; IDX Composite Index down 0.16%

Published 01/11/2017, 05:15 AM
Updated 01/11/2017, 05:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.16%

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

At the close in Jakarta, the IDX Composite Index fell 0.16%.

The best performers of the session on the IDX Composite Index were Centratama Telekomunikasi Ind (JK:CENT), which rose 34.65% or 35 points to trade at 136 at the close. Meanwhile, Magna Finance Tbk (JK:MGNA) added 34.62% or 27.00 points to end at 105.00 and Mitra Investindo Tbk (JK:MITI) was up 33.33% or 18 points to 72 in late trade.

The worst performers of the session were Mitra Komunikasi Nusantara Tbk PT (JK:MKNT), which fell 24.44% or 110 points to trade at 340 at the close. Kokoh Inti Arebama Tbk (JK:KOIN) declined 24.29% or 68 points to end at 212 and Hotel Mandarine Regency Tbk PT (JK:HOME) was down 17.36% or 42 points to 200.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 153 to 138 and 115 ended unchanged.

Shares in Centratama Telekomunikasi Ind (JK:CENT) rose to 52-week highs; gaining 34.65% or 35 to 136. Shares in Magna Finance Tbk (JK:MGNA) rose to 52-week highs; rising 34.62% or 27.00 to 105.00. Shares in Kokoh Inti Arebama Tbk (JK:KOIN) fell to 3-years lows; falling 24.29% or 68 to 212.

Crude oil for February delivery was up 0.89% or 0.45 to $51.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.99% or 0.53 to hit $54.17 a barrel, while the February Gold contract rose 0.25% or 3.00 to trade at $1188.50 a troy ounce.

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USD/IDR was up 0.21% to 13325.5, while AUD/IDR rose 0.36% to 9870.95.

The US Dollar Index was up 0.25% at 102.26.

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