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Indonesia stocks lower at close of trade; IDX Composite Index down 0.43%

Published 10/25/2016, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.43%
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Investing.com – Indonesia stocks were lower after the close on Tuesday, as losses in the Miscellaneous Industry, Consumer Industry and Manufacturing sectors led shares lower.

At the close in Jakarta, the IDX Composite Index declined 0.43%.

The best performers of the session on the IDX Composite Index were Kabelindo Murni Tbk (JK:KBLM), which rose 25.00% or 78 points to trade at 390 at the close. Meanwhile, Bintang Mitra Semestaraya Tbk (JK:BMSR) added 23.60% or 21.00 points to end at 110.00 and Fajar Surya Wisesa Tbk (JK:FASW) was up 20.28% or 430 points to 2550 in late trade.

The worst performers of the session were Tira Austenite Tbk (JK:TIRA), which fell 10.00% or 32.000 points to trade at 288.000 at the close. Surya Esa Perkasa Tbk (JK:ESSA) declined 9.72% or 140 points to end at 1300 and Ancora Indonesia Resources Tbk (JK:OKAS) was down 9.46% or 7 points to 67.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 161 to 154 and 98 ended unchanged.

Shares in Kabelindo Murni Tbk (JK:KBLM) rose to all time highs; rising 25.00% or 78 to 390. Shares in Ancora Indonesia Resources Tbk (JK:OKAS) fell to 3-years lows; falling 9.46% or 7 to 67.

Crude oil for December delivery was up 0.59% or 0.30 to $50.82 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.35% or 0.18 to hit $51.64 a barrel, while the December Gold contract rose 0.39% or 4.95 to trade at $1268.65 a troy ounce.

USD/IDR was down 0.18% to 12990.0, while AUD/IDR rose 0.32% to 9947.65.

The US Dollar Index was up 0.09% at 98.73.

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