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Indonesia stocks higher at close of trade; IDX Composite Index up 0.25%

Published 07/05/2024, 04:30 AM
Updated 07/05/2024, 04:35 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.25%
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Investing.com – Indonesia stocks were higher after the close on Friday, as gains in the Financials, Agriculture and Basic Industry sectors led shares higher.

At the close in Jakarta, the IDX Composite Index gained 0.25% to hit a new 1-month high.

The best performers of the session on the IDX Composite Index were Bintang Oto Global Tbk PT (JK:BOGA), which fell 0.59% or 5.00 points to trade at 845.00 at the close. Meanwhile, Bank Negara Indonesia Tbk (JK:BBNI) fell 0.21% or 10.00 points to end at 4,700.00 and Sumber Global Energy Tbk Pt (JK:SGER) was up 337.04% or 364.00 points to 472.00 in late trade.

The worst performers of the session were Modern Internasional Tbk (JK:MDRN), which fell 99.93% or 6,795.00 points to trade at 5.00 at the close. Mitra International Resources (JK:MIRA) declined 99.66% or 1,171.00 points to end at 4.00 and Lippo Karawaci Tbk (JK:LPKR) was down 98.28% or 3,194.00 points to 56.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 354 to 293 and 181 ended unchanged.

Shares in Mitra International Resources (JK:MIRA) fell to all time lows; falling 99.66% or 1,171.00 to 4.00.

Crude oil for August delivery was up 0.35% or 0.29 to $84.17 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.13% or 0.11 to hit $87.54 a barrel, while the August Gold Futures contract rose 0.21% or 4.95 to trade at $2,374.35 a troy ounce.

USD/IDR was down 0.29% to 16,289.35, while AUD/IDR fell 0.18% to 10,969.57.

The US Dollar Index Futures was down 0.40% at 104.65.

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