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Indonesia stocks higher at close of trade; IDX Composite Index up 0.26%

Published 07/11/2024, 04:30 AM
Updated 07/11/2024, 04:35 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.26%
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Investing.com – Indonesia stocks were higher after the close on Thursday, as gains in the Infrastructure, Agriculture and Basic Industry sectors led shares higher.

At the close in Jakarta, the IDX Composite Index gained 0.26%.

The best performers of the session on the IDX Composite Index were Metropolitan Kentjana Tbk (JK:MKPI), which rose 1,182.14% or 24,825.00 points to trade at 26,925.00 at the close. Meanwhile, Bank Harda Internasional Tbk PT (JK:BBHI) added 544.00% or 680.00 points to end at 805.00 and Ulima Nitra PT (JK:UNIQ) was up 395.76% or 467.00 points to 585.00 in late trade.

The worst performers of the session were Mitra International Resources (JK:MIRA), which fell 99.66% or 1,171.00 points to trade at 4.00 at the close. Bakrieland Development Tbk (JK:ELTY) declined 99.04% or 619.00 points to end at 6.00 and Inter-Delta Tbk (JK:INTD) was down 98.28% or 7,076.00 points to 124.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 358 to 287 and 189 ended unchanged.

Shares in Mitra International Resources (JK:MIRA) fell to all time lows; falling 99.66% or 1,171.00 to 4.00. Shares in Bakrieland Development Tbk (JK:ELTY) fell to all time lows; losing 99.04% or 619.00 to 6.00. Shares in Ulima Nitra PT (JK:UNIQ) rose to all time highs; rising 395.76% or 467.00 to 585.00.

Crude oil for August delivery was up 0.44% or 0.36 to $82.46 a barrel. Elsewhere in commodities trading, Brent oil for delivery in September rose 0.45% or 0.38 to hit $85.46 a barrel, while the August Gold Futures contract rose 0.26% or 6.30 to trade at $2,386.00 a troy ounce.

USD/IDR was down 0.11% to 16,188.85, while AUD/IDR rose 0.05% to 10,938.82.

The US Dollar Index Futures was down 0.11% at 104.62.

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