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Indonesia stocks lower at close of trade; IDX Composite Index down 0.74%

Published 05/16/2017, 06:15 AM
Updated 05/16/2017, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.74%

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

At the close in Jakarta, the IDX Composite Index declined 0.74%.

The best performers of the session on the IDX Composite Index were Tifa Finance Tbk (JK:TIFA), which rose 26.98% or 51 points to trade at 240 at the close. Meanwhile, PT Pelayaran Tamarin Samudra Tbk (JK:TAMU) added 24.84% or 78 points to end at 392 and Forza Land Indonesia Tbk PT (JK:FORZ) was up 24.49% or 120 points to 610 in late trade.

The worst performers of the session were Bintang Mitra Semestaraya Tbk (JK:BMSR), which fell 34.02% or 66.00 points to trade at 128.00 at the close. Tunas Alfin Tbk (JK:TALF) declined 23.33% or 84 points to end at 276 and Bank Harda Internasional Tbk PT (JK:BBHI) was down 18.70% or 46 points to 200.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 174 to 138 and 123 ended unchanged.

Shares in Tifa Finance Tbk (JK:TIFA) rose to 3-years highs; up 26.98% or 51 to 240. Shares in PT Pelayaran Tamarin Samudra Tbk (JK:TAMU) rose to all time highs; up 24.84% or 78 to 392. Shares in Forza Land Indonesia Tbk PT (JK:FORZ) rose to all time highs; gaining 24.49% or 120 to 610.

Crude oil for June delivery was up 0.43% or 0.21 to $49.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.42% or 0.22 to hit $52.04 a barrel, while the June Gold Futures contract rose 0.34% or 4.20 to trade at $1234.20 a troy ounce.

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USD/IDR was down 0.06% to 13304.0, while AUD/IDR fell 0.88% to 9781.45.

The US Dollar Index Futures was down 0.38% at 98.43.

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