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Indonesia stocks higher at close of trade; IDX Composite Index up 0.40%

Published 12/08/2017, 05:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.40%
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Investing.com – Indonesia stocks were higher after the close on Friday, as gains in the Consumer Industry, Financials and Basic Industry sectors led shares higher.

At the close in Jakarta, the IDX Composite Index rose 0.40%.

The best performers of the session on the IDX Composite Index were Indonesia Prima Property Tbk (JK:OMRE), which rose 19.15% or 90.00 points to trade at 560.00 at the close. Meanwhile, Tunas Alfin Tbk (JK:TALF) added 19.02% or 62 points to end at 388 and Visi Telekomunikasi Infrastruktur Tbk PT (JK:GOLD) was up 16.74% or 81 points to 565 in late trade.

The worst performers of the session were Tifico Fiber Indonesia Tbk (JK:TFCO), which fell 20.38% or 160 points to trade at 625 at the close. Argha Karya Prima Ind Tbk (JK:AKPI) declined 17.45% or 130 points to end at 615 and Roda Vivatex Tbk (JK:RDTX) was down 11.78% or 875.00 points to 6550.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 173 to 172 and 109 ended unchanged.

Shares in Indonesia Prima Property Tbk (JK:OMRE) rose to 3-years highs; rising 19.15% or 90.00 to 560.00. Shares in Tifico Fiber Indonesia Tbk (JK:TFCO) fell to 52-week lows; falling 20.38% or 160 to 625.

Crude oil for January delivery was up 0.65% or 0.37 to $57.06 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.74% or 0.46 to hit $62.66 a barrel, while the February Gold Futures contract fell 0.42% or 5.30 to trade at $1247.80 a troy ounce.

USD/IDR was down 0.03% to 13553.0, while AUD/IDR rose 0.22% to 10218.00.

The US Dollar Index Futures was up 0.27% at 94.00.

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