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Indonesia stocks higher at close of trade; IDX Composite Index up 1.23%

Published 06/05/2018, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 1.23%
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Investing.com – Indonesia stocks were higher after the close on Tuesday, as gains in the Infrastructure, Basic Industry and Consumer Industry sectors led shares higher.

At the close in Jakarta, the IDX Composite Index rose 1.23% to hit a new 1-month high.

The best performers of the session on the IDX Composite Index were Pikko Land Development Tbk (JK:RODA), which rose 25.00% or 120 points to trade at 600 at the close. Meanwhile, Sanurhasta Mitra PT (JK:MINA) added 24.81% or 495 points to end at 2490 and Indorama Synthetics Tbk (JK:INDR) was up 24.79% or 870 points to 4380 in late trade.

The worst performers of the session were Bakrie & Brothers Tbk (JK:BNBR), which fell 24.82% or 70 points to trade at 212 at the close. Panasia Indo Resources Tbk (JK:HDTX) declined 23.57% or 66 points to end at 214 and Inter-Delta Tbk (JK:INTD) was down 19.59% or 76.00 points to 312.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 214 to 178 and 109 ended unchanged.

Shares in Bakrie & Brothers Tbk (JK:BNBR) fell to 52-week lows; down 24.82% or 70 to 212. Shares in Panasia Indo Resources Tbk (JK:HDTX) fell to 5-year lows; down 23.57% or 66 to 214. Shares in Indorama Synthetics Tbk (JK:INDR) rose to all time highs; up 24.79% or 870 to 4380.

Crude oil for July delivery was down 0.26% or 0.17 to $64.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 1.26% or 0.95 to hit $74.34 a barrel, while the August Gold Futures contract fell 0.08% or 1.00 to trade at $1296.30 a troy ounce.

USD/IDR was up 0.16% to 13887.7, while AUD/IDR fell 0.31% to 10600.50.

The US Dollar Index Futures was down 0.05% at 93.97.

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