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Indonesia stocks lower at close of trade; IDX Composite Index down 0.38%

Published 10/19/2016, 06:15 AM
Updated 10/19/2016, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.38%

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

At the close in Jakarta, the IDX Composite Index declined 0.38%.

The best performers of the session on the IDX Composite Index were Bumi Resources Tbk (JK:BUMI), which rose 35.00% or 28 points to trade at 108 at the close. Meanwhile, Bank Dinar Indonesia Tbk (JK:DNAR) added 26.27% or 31.00 points to end at 149.00 and Bumi Resources Minerals Tbk (JK:BRMS) was up 26.00% or 13 points to 63 in late trade.

The worst performers of the session were Polaris Investama Tbk (JK:PLAS), which fell 9.91% or 55 points to trade at 500 at the close. Ancora Indonesia Resources Tbk (JK:OKAS) declined 9.88% or 8 points to end at 73 and Eka Sari Lorena Transport Tbk (JK:LRNA) was down 9.73% or 22.00 points to 204.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 194 to 99 and 92 ended unchanged.

Shares in Bumi Resources Tbk (JK:BUMI) rose to 52-week highs; rising 35.00% or 28 to 108. Shares in Polaris Investama Tbk (JK:PLAS) fell to 3-years lows; falling 9.91% or 55 to 500. Shares in Bumi Resources Minerals Tbk (JK:BRMS) rose to 52-week highs; up 26.00% or 13 to 63.

Crude oil for November delivery was up 1.47% or 0.74 to $51.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.41% or 0.73 to hit $52.41 a barrel, while the December Gold contract rose 0.68% or 8.65 to trade at $1271.55 a troy ounce.

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USD/IDR was down 0.14% to 13001.0, while AUD/IDR fell 0.17% to 10019.60.

The US Dollar Index was down 0.21% at 97.67.

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