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Indonesia stocks lower at close of trade; IDX Composite Index down 0.60%

Published 10/07/2016, 06:15 AM
Updated 10/07/2016, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.60%

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

At the close in Jakarta, the IDX Composite Index declined 0.60%.

The best performers of the session on the IDX Composite Index were Trada Maritime Tbk (JK:TRAM), which rose 34.00% or 17 points to trade at 67 at the close. Meanwhile, Wismilak Inti Makmur Tbk (JK:WIIM) added 25.00% or 100 points to end at 500 and Polaris Investama Tbk (JK:PLAS) was up 25.00% or 205 points to 1025 in late trade.

The worst performers of the session were Centex Tbk Prf (JK:CNTX_p), which fell 10.00% or 95.00 points to trade at 855.00 at the close. Bumi Resources Tbk (JK:BUMI) declined 10.00% or 8 points to end at 72 and Sigmagold Inti Perkasa Tbk (JK:TMPI) was down 9.95% or 19 points to 172.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 143 to 140 and 98 ended unchanged.

Shares in Trada Maritime Tbk (JK:TRAM) rose to 52-week highs; up 34.00% or 17 to 67. Shares in Wismilak Inti Makmur Tbk (JK:WIIM) rose to 52-week highs; gaining 25.00% or 100 to 500. Shares in Sigmagold Inti Perkasa Tbk (JK:TMPI) fell to 3-years lows; down 9.95% or 19 to 172.

Crude oil for November delivery was down 0.52% or 0.26 to $50.18 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.82% or 0.43 to hit $52.08 a barrel, while the December Gold contract rose 0.47% or 5.85 to trade at $1258.85 a troy ounce.

USD/IDR was down 0.28% to 12980.0, while AUD/IDR rose 0.08% to 9890.20.

The US Dollar Index was up 0.44% at 97.09.

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