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Indonesia stocks lower at close of trade; IDX Composite Index down 0.23%

Published 07/26/2017, 06:15 AM
Updated 07/26/2017, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.23%

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

At the close in Jakarta, the IDX Composite Index fell 0.23%.

The best performers of the session on the IDX Composite Index were Minna Padi Investama Tbk (JK:PADI), which rose 24.51% or 125 points to trade at 635 at the close. Meanwhile, Mulia Industrindo Tbk (JK:MLIA) added 14.37% or 71 points to end at 565 and Multifiling Mitra Indonesia (JK:MFMI) was up 14.12% or 120 points to 970 in late trade.

The worst performers of the session were Energi Mega Persada Tbk (JK:ENRG), which fell 25.00% or 100 points to trade at 300 at the close. Radana Bhaskara Finance Tbk (JK:HDFA) declined 19.58% or 47 points to end at 193 and PT First Indo American Leasing Tbk (JK:FINN) was down 13.37% or 54 points to 350.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 178 to 144 and 116 ended unchanged.

Shares in Minna Padi Investama Tbk (JK:PADI) rose to 52-week highs; rising 24.51% or 125 to 635. Shares in Multifiling Mitra Indonesia (JK:MFMI) rose to all time highs; up 14.12% or 120 to 970.

Crude oil for September delivery was up 0.86% or 0.41 to $48.30 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.64% or 0.32 to hit $50.52 a barrel, while the August Gold Futures contract fell 0.37% or 4.62 to trade at $1247.48 a troy ounce.

USD/IDR was up 0.03% to 13333.0, while AUD/IDR fell 0.23% to 10554.50.

The US Dollar Index Futures was up 0.06% at 93.98.

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