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Indonesia stocks higher at close of trade; IDX Composite Index up 0.67%

Published 05/23/2016, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.67%
JKSE
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JKFINANCE
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JKINFRA
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JKTRAD
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BAYU
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SKBM
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SMRU
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PADI
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TIRT
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BIKA
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Investing.com – Indonesia stocks were higher after the close on Monday, as gains in the Infrastructure, Financials and Trade sectors led shares higher.

At the close in Jakarta, the IDX Composite Index rose 0.67%.

The best performers of the session on the IDX Composite Index were Tirta Mahakam Resources Tbk (JK:TIRT), which rose 26.60% or 25 points to trade at 119 at the close. Meanwhile, Minna Padi Investama Tbk (JK:PADI) added 15.85% or 130 points to end at 950 and Smr Utama Tbk (JK:SMRU) was up 15.60% or 34 points to 252 in late trade.

The worst performers of the session were Sekar Bumi Tbk (JK:SKBM), which fell 10.00% or 60 points to trade at 540 at the close. Bayu Buana Tbk (JK:BAYU) declined 10.00% or 130 points to end at 1170 and Binakarya Jaya Abadi Tbk PT (JK:BIKA) was down 9.76% or 145 points to 1340.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 162 to 100 and 110 ended unchanged.

Shares in Tirta Mahakam Resources Tbk (JK:TIRT) rose to 3-years highs; gaining 26.60% or 25 to 119.

Crude oil for July delivery was down 1.18% or 0.57 to $47.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 1.03% or 0.50 to hit $48.22 a barrel, while the June Gold contract fell 0.10% or 1.30 to trade at $1251.60 a troy ounce.

USD/IDR was down 0.13% to 13592.5, while AUD/IDR fell 0.03% to 9817.80.

The US Dollar Index was up 0.06% at 95.35.

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