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Indonesia stocks higher at close of trade; IDX Composite Index up 0.71%

Published 08/08/2016, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.71%
JKSE
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JKBIND
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JKPROP
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JKMISC
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BSWD
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POOL
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BEKS
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WOMF
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ALKA
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MKNT
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Investing.com – Indonesia stocks were higher after the close on Monday, as gains in the Miscellaneous Industry, Property and Basic Industry sectors led shares higher.

At the close in Jakarta, the IDX Composite Index gained 0.71% to hit a new 52-week high.

The best performers of the session on the IDX Composite Index were Bank Pundi Indonesia Tbk (JK:BEKS), which rose 70.78% or 28 points to trade at 67 at the close. Meanwhile, Wahana Ottomitra Multiartha (JK:WOMF) added 26.75% or 42 points to end at 199 and Alakasa Industrindo Tbk (JK:ALKA) was up 26.44% or 46 points to 220 in late trade.

The worst performers of the session were Bank Of India Indonesia Tbk (JK:BSWD), which fell 10.00% or 200 points to trade at 1800 at the close. Mitra Komunikasi Nusantara Tbk PT (JK:MKNT) declined 9.91% or 42 points to end at 382 and Pool Advista Indonesia Tbk (JK:POOL) was down 9.89% or 350 points to 3190.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 178 to 142 and 96 ended unchanged.

Shares in Wahana Ottomitra Multiartha (JK:WOMF) rose to 52-week highs; up 26.75% or 42 to 199. Shares in Alakasa Industrindo Tbk (JK:ALKA) rose to 52-week highs; rising 26.44% or 46 to 220.

Crude oil for September delivery was up 1.46% or 0.61 to $42.41 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.29% or 0.57 to hit $44.84 a barrel, while the December Gold contract fell 0.58% or 7.85 to trade at $1336.55 a troy ounce.

USD/IDR was down 0.03% to 13123.0, while AUD/IDR rose 0.20% to 10074.85.

The US Dollar Index was up 0.10% at 96.29.

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