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Indonesia stocks higher at close of trade; IDX Composite Index up 0.50%

Published 01/08/2018, 05:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.50%
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Investing.com – Indonesia stocks were higher after the close on Monday, as gains in the Mining, Property and Agriculture sectors led shares higher.

At the close in Jakarta, the IDX Composite Index gained 0.50% to hit a new all time high.

The best performers of the session on the IDX Composite Index were Intikeramik Alamasri Industri (JK:IKAI), which rose 34.85% or 46 points to trade at 178 at the close. Meanwhile, Capital Financial Indonesia Tbk PT (JK:CASA) added 34.59% or 56 points to end at 216 and Tanah Laut Tbk (JK:INDX) was up 34.48% or 30 points to 117 in late trade.

The worst performers of the session were Multipolar Technology Tbk (JK:MLPT), which fell 21.52% or 170 points to trade at 620 at the close. Multifiling Mitra Indonesia (JK:MFMI) declined 15.00% or 120 points to end at 680 and Mega Manunggal Property TBK PT (JK:MMLP) was down 12.86% or 72 points to 488.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 226 to 134 and 118 ended unchanged.

Shares in Intikeramik Alamasri Industri (JK:IKAI) rose to 3-years highs; rising 34.85% or 46 to 178. Shares in Capital Financial Indonesia Tbk PT (JK:CASA) rose to 52-week lows; rising 34.59% or 56 to 216. Shares in Mega Manunggal Property TBK PT (JK:MMLP) fell to all time lows; losing 12.86% or 72 to 488.

Crude oil for February delivery was up 0.24% or 0.15 to $61.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.07% or 0.05 to hit $67.67 a barrel, while the February Gold Futures contract fell 0.29% or 3.80 to trade at $1318.50 a troy ounce.

USD/IDR was up 0.03% to 13422.5, while AUD/IDR rose 0.10% to 10565.00.

The US Dollar Index Futures was up 0.25% at 91.98.

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