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Indonesia stocks higher at close of trade; IDX Composite Index up 0.58%

Published 11/08/2024, 03:30 AM
Updated 11/08/2024, 03:35 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.58%
JKSE
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Investing.com – Indonesia stocks were higher after the close on Friday, as gains in the Agriculture, Basic Industry and Property sectors led shares higher.

At the close in Jakarta, the IDX Composite Index gained 0.58%.

The best performers of the session on the IDX Composite Index were Dwi Guna Laksana Tbk PT (JK:DWGL), which rose 34.78% or 40.00 points to trade at 155.00 at the close. Meanwhile, Fortune Mate Indonesia Tbk (JK:FMII) added 25.00% or 109.00 points to end at 545.00 and Multipolar Technology Tbk (JK:MLPT) was up 20.00% or 2,500.00 points to 15,000.00 in late trade.

The worst performers of the session were Golden Flower Tbk PT (JK:POLU), which fell 24.02% or 460.00 points to trade at 1,455.00 at the close. Capitalinc Investment Tbk (JK:MTFN) declined 16.67% or 1.00 points to end at 5.00 and Himalaya Energi Perkasa Tbk PT (JK:HADE) was down 16.67% or 1.00 points to 5.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 330 to 273 and 215 ended unchanged.

Shares in Dwi Guna Laksana Tbk PT (JK:DWGL) rose to 52-week highs; rising 34.78% or 40.00 to 155.00. Shares in Fortune Mate Indonesia Tbk (JK:FMII) rose to 52-week highs; gaining 25.00% or 109.00 to 545.00. Shares in Capitalinc Investment Tbk (JK:MTFN) fell to all time lows; falling 16.67% or 1.00 to 5.00.

Crude oil for December delivery was down 1.06% or 0.77 to $71.59 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.87% or 0.66 to hit $74.97 a barrel, while the December Gold Futures contract fell 0.27% or 7.30 to trade at $2,698.50 a troy ounce.

USD/IDR was up 0.70% to 15,656.20, while AUD/IDR rose 0.04% to 10,404.48.

The US Dollar Index Futures was unchanged 0.00% at 104.37.

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