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Indonesia stocks lower at close of trade; IDX Composite Index down 0.70%

Published 04/17/2017, 06:15 AM
Updated 04/17/2017, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.70%

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

At the close in Jakarta, the IDX Composite Index lost 0.70%.

The best performers of the session on the IDX Composite Index were Star Petrcohem Tbk (JK:STAR), which rose 30.77% or 24 points to trade at 102 at the close. Meanwhile, Saraswati Griya Lestari Tbk (JK:HOTL) added 25.00% or 40 points to end at 200 and Multipolar Technology Tbk (JK:MLPT) was up 24.49% or 240 points to 1220 in late trade.

The worst performers of the session were Argha Karya Prima Ind Tbk (JK:AKPI), which fell 14.89% or 140 points to trade at 800 at the close. Eratex Djaja Tbk (JK:ERTX) declined 14.36% or 28 points to end at 167 and Renuka Coalindo Tbk (JK:SQMI) was down 14.29% or 200 points to 1200.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 207 to 121 and 112 ended unchanged.

Shares in Star Petrcohem Tbk (JK:STAR) rose to 5-year highs; up 30.77% or 24 to 102. Shares in Saraswati Griya Lestari Tbk (JK:HOTL) rose to all time highs; rising 25.00% or 40 to 200.

Crude oil for May delivery was down 0.77% or 0.41 to $52.77 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.75% or 0.42 to hit $55.47 a barrel, while the June Gold Futures contract rose 0.27% or 3.50 to trade at $1292.00 a troy ounce.

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USD/IDR was up 0.02% to 13290.5, while AUD/IDR fell 0.02% to 10071.80.

The US Dollar Index Futures was down 0.25% at 100.24.

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