Indonesia stocks lower at close of trade; IDX Composite Index down 0.77% By Investing.com

Indonesia stocks lower at close of trade; IDX Composite Index down 0.77%

Stock Markets May 10, 2017 06:15AM ET

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Indonesia stocks lower at close of trade; IDX Composite Index down 0.77%

Investing.com – Indonesia stocks were lower after the close on Wednesday, as losses in the Mining, Trade and Property sectors led shares lower.

At the close in Jakarta, the IDX Composite Index declined 0.77%.

The best performers of the session on the IDX Composite Index were Wicaksana Overseas International (JK:WICO), which rose 21.85% or 52 points to trade at 290 at the close. Meanwhile, Bank Harda Internasional Tbk PT (JK:BBHI) added 19.05% or 40 points to end at 250 and Trimegah Securities Tbk (JK:TRIM) was up 15.79% or 15 points to 110 in late trade.

The worst performers of the session were Victoria Insurance Tbk PT (JK:VINS), which fell 24.88% or 100 points to trade at 302 at the close. Indika Energy Tbk (JK:INDY) declined 24.67% or 280 points to end at 855 and Metro Realty Tbk (JK:MTSM) was down 20.67% or 74 points to 284.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 248 to 87 and 95 ended unchanged.

Shares in Wicaksana Overseas International (JK:WICO) rose to 5-year highs; up 21.85% or 52 to 290. Shares in Bank Harda Internasional Tbk PT (JK:BBHI) rose to all time highs; gaining 19.05% or 40 to 250.

Crude oil for June delivery was up 1.09% or 0.50 to $46.38 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.96% or 0.47 to hit $49.20 a barrel, while the June Gold Futures contract rose 0.66% or 8.07 to trade at $1224.17 a troy ounce.

USD/IDR was down 0.04% to 13359.0, while AUD/IDR rose 0.65% to 9875.80.

The US Dollar Index Futures was up 0.03% at 99.48.

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