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

Published 05/15/2017, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.24%
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Investing.com – Indonesia stocks were higher after the close on Monday, as gains in the Financials, Consumer Industry and Manufacturing sectors led shares higher.

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

The best performers of the session on the IDX Composite Index were Tifa Finance Tbk (JK:TIFA), which rose 35.00% or 49 points to trade at 189 at the close. Meanwhile, Polychem Indonesia Tbk (JK:ADMG) added 25.00% or 50 points to end at 250 and Forza Land Indonesia Tbk PT (JK:FORZ) was up 25.00% or 98 points to 490 in late trade.

The worst performers of the session were Capitol Nusantara Indonesia (JK:CANI), which fell 18.85% or 98 points to trade at 422 at the close. Logindo Samudramakmur Tbk (JK:LEAD) declined 13.04% or 15 points to end at 100 and Graha Layar Prima Tbk (JK:BLTZ) was down 11.82% or 1300 points to 9700.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 172 to 142 and 118 ended unchanged.

Shares in Tifa Finance Tbk (JK:TIFA) rose to 52-week highs; gaining 35.00% or 49 to 189. Shares in Polychem Indonesia Tbk (JK:ADMG) rose to 3-years highs; gaining 25.00% or 50 to 250. Shares in Forza Land Indonesia Tbk PT (JK:FORZ) rose to all time highs; rising 25.00% or 98 to 490.

Crude oil for June delivery was up 3.03% or 1.45 to $49.29 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 2.95% or 1.50 to hit $52.34 a barrel, while the June Gold Futures contract rose 0.31% or 3.86 to trade at $1231.56 a troy ounce.

USD/IDR was down 0.17% to 13299.0, while AUD/IDR rose 0.47% to 9842.85.

The US Dollar Index Futures was down 0.21% at 98.84.

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