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Indonesia stocks higher at close of trade; IDX Composite Index up 0.83%

Published 05/11/2018, 06:15 AM
Updated 05/11/2018, 06:20 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 0.83%
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Investing.com – Indonesia stocks were higher after the close on Friday, as gains in the Basic Industry, Trade and Property sectors led shares higher.

At the close in Jakarta, the IDX Composite Index gained 0.83%.

The best performers of the session on the IDX Composite Index were Eterindo Wahanatama Tbk (JK:ETWA), which rose 34.12% or 29 points to trade at 114 at the close. Meanwhile, PT Cahayasakti Investindo Sukses Tbk (JK:CSIS) added 24.74% or 355 points to end at 1790 and Sunson Textile Manufacturer (JK:SSTM) was up 23.19% or 96 points to 510 in late trade.

The worst performers of the session were Eagle High Plantations Tbk (JK:BWPT), which fell 21.62% or 48 points to trade at 174 at the close. Jakarta Kyoei Steel Works Tbk (JK:JKSW) declined 17.71% or 17 points to end at 79 and Indorama Synthetics Tbk (JK:INDR) was down 17.30% or 640 points to 3060.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 249 to 128 and 114 ended unchanged.

Shares in Eterindo Wahanatama Tbk (JK:ETWA) rose to 52-week highs; gaining 34.12% or 29 to 114. Shares in Eagle High Plantations Tbk (JK:BWPT) fell to 52-week lows; down 21.62% or 48 to 174.

Crude oil for June delivery was up 0.27% or 0.19 to $71.55 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.04% or 0.03 to hit $77.50 a barrel, while the June Gold Futures contract rose 0.16% or 2.10 to trade at $1324.40 a troy ounce.

USD/IDR was down 0.64% to 13949.0, while AUD/IDR fell 0.01% to 10601.00.

The US Dollar Index Futures was down 0.15% at 92.43.

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