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Indonesia stocks higher at close of trade; IDX Composite Index up 0.22%

Published 10/24/2016, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.22%
JKSE
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JKAGRI
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JKBIND
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JKMING
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BRAM
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KBLM
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BNII
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BUMI
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VRNA
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TIRA
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Investing.com – Indonesia stocks were higher after the close on Monday, as gains in the Agriculture, Mining and Basic Industry sectors led shares higher.

At the close in Jakarta, the IDX Composite Index rose 0.22%.

The best performers of the session on the IDX Composite Index were Bank Maybank Indonesia Tbk PT (JK:BNII), which rose 24.53% or 78 points to trade at 396 at the close. Meanwhile, Bumi Resources Tbk (JK:BUMI) added 23.97% or 29 points to end at 150 and Tira Austenite Tbk (JK:TIRA) was up 23.08% or 60.000 points to 320.000 in late trade.

The worst performers of the session were Verena Multi Finance Tbk (JK:VRNA), which fell 10.00% or 15 points to trade at 135 at the close. Indo Kordsa Tbk (JK:BRAM) declined 10.00% or 675 points to end at 6075 and Kabelindo Murni Tbk (JK:KBLM) was down 9.83% or 34 points to 312.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 185 to 109 and 105 ended unchanged.

Shares in Bumi Resources Tbk (JK:BUMI) rose to 52-week highs; rising 23.97% or 29 to 150. Shares in Tira Austenite Tbk (JK:TIRA) rose to 52-week highs; up 23.08% or 60.000 to 320.000.

Crude oil for December delivery was down 0.10% or 0.05 to $50.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December unchanged 0.00% or 0.00 to hit $51.78 a barrel, while the December Gold contract fell 0.09% or 1.15 to trade at $1266.55 a troy ounce.

USD/IDR was down 0.11% to 13015.5, while AUD/IDR rose 0.48% to 9958.80.

The US Dollar Index was down 0.01% at 98.61.

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