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Indonesia stocks higher at close of trade; IDX Composite Index up 0.24%

Published 05/26/2016, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.24%
JKSE
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JKAGRI
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JKMING
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BAYU
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SSTM
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Investing.com – Indonesia stocks were higher after the close on Thursday, as gains in the Mining, Agriculture and Financials sectors led shares higher.

At the close in Jakarta, the IDX Composite Index added 0.24%.

The best performers of the session on the IDX Composite Index were Bank Yudha Bhakti Tbk (JK:BBYB), which rose 22.14% or 29.00 points to trade at 160.00 at the close. Meanwhile, Bayu Buana Tbk (JK:BAYU) added 18.56% or 180 points to end at 1150 and Eterindo Wahanatama Tbk (JK:ETWA) was up 17.91% or 12 points to 79 in late trade.

The worst performers of the session were Sunson Textile Manufacturer (JK:SSTM), which fell 10.00% or 17 points to trade at 153 at the close. Binakarya Jaya Abadi Tbk PT (JK:BIKA) declined 9.63% or 105 points to end at 985 and Renuka Coalindo Tbk (JK:SQMI) was down 9.43% or 100 points to 960.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 156 to 124 and 104 ended unchanged.

Shares in Binakarya Jaya Abadi Tbk PT (JK:BIKA) fell to all time lows; losing 9.63% or 105 to 985. Shares in Renuka Coalindo Tbk (JK:SQMI) fell to 52-week lows; falling 9.43% or 100 to 960.

Crude oil for July delivery was up 0.61% or 0.30 to $49.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.76% or 0.38 to hit $50.12 a barrel, while the June Gold contract rose 0.25% or 3.10 to trade at $1226.90 a troy ounce.

USD/IDR was down 0.39% to 13560.0, while AUD/IDR fell 0.02% to 9817.25.

The US Dollar Index was down 0.20% at 95.21.

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