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Indonesia stocks lower at close of trade; IDX Composite Index down 0.29%

Published 04/11/2017, 06:15 AM
Updated 04/11/2017, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.29%

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

At the close in Jakarta, the IDX Composite Index lost 0.29%.

The best performers of the session on the IDX Composite Index were Buana Listya Tama Tbk PT (JK:BULL), which rose 25.95% or 34 points to trade at 165 at the close. Meanwhile, Tira Austenite Tbk (JK:TIRA) added 23.85% or 52.00 points to end at 270.00 and Buana Finance Tbk (JK:BBLD) was up 23.70% or 160 points to 835 in late trade.

The worst performers of the session were Alakasa Industrindo Tbk (JK:ALKA), which fell 30.53% or 40 points to trade at 91 at the close. Arthavest Tbk (JK:ARTA) declined 23.53% or 80 points to end at 260 and Jembo Cable Company Tbk (JK:JECC) was down 14.29% or 1000 points to 6000.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 172 to 157 and 109 ended unchanged.

Shares in Buana Listya Tama Tbk PT (JK:BULL) rose to 52-week highs; gaining 25.95% or 34 to 165. Shares in Alakasa Industrindo Tbk (JK:ALKA) fell to 52-week lows; losing 30.53% or 40 to 91.

Crude oil for May delivery was down 0.28% or 0.15 to $52.93 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.27% or 0.15 to hit $55.83 a barrel, while the June Gold Futures contract rose 0.40% or 5.05 to trade at $1258.95 a troy ounce.

USD/IDR was up 0.09% to 13292.0, while AUD/IDR fell 0.27% to 9935.35.

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The US Dollar Index Futures was down 0.13% at 100.81.

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