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Indonesia stocks lower at close of trade; IDX Composite Index down 1.23%

Published 04/11/2016, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 1.23%
JKSE
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JKAGRI
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Investing.com – Indonesia stocks were lower after the close on Monday, as losses in the Miscellaneous Industry, Financials and Agriculture sectors led shares lower.

At the close in Jakarta, the IDX Composite Index fell 1.23%.

The best performers of the session on the IDX Composite Index were Pelat Timah Nusantara Tbk (JK:NIKL), which rose 23.81% or 20 points to trade at 104 at the close. Meanwhile, Krakatau Steel Persero Tbk (JK:KRAS) added 20.39% or 105 points to end at 620 and Bank Qnb Indonesia Tbk (JK:BKSW) was up 19.28% or 59 points to 365 in late trade.

The worst performers of the session were Trimegah Securities Tbk (JK:TRIM), which fell 10.00% or 8 points to trade at 72 at the close. Bayu Buana Tbk (JK:BAYU) declined 10.00% or 115 points to end at 1035 and Kokoh Inti Arebama Tbk (JK:KOIN) was down 10.00% or 29 points to 261.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 211 to 89 and 90 ended unchanged.

Shares in Krakatau Steel Persero Tbk (JK:KRAS) rose to 52-week highs; gaining 20.39% or 105 to 620.

Crude oil for May delivery was down 0.48% or 0.19 to $39.53 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June fell 0.24% or 0.10 to hit $41.84 a barrel, while the June Gold contract rose 0.56% or 7.00 to trade at $1250.80 a troy ounce.

USD/IDR was down 0.05% to 13118.5, while AUD/IDR rose 0.01% to 9907.50.

The US Dollar Index was down 0.02% at 94.20.

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