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

Published 10/25/2017, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 1.23%
JKSE
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JKBIND
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JKPROP
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JKTRAD
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BSWD
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UNSP
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SDRA
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SQMI
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Investing.com – Indonesia stocks were higher after the close on Wednesday, as gains in the Basic Industry, Trade and Property sectors led shares higher.

At the close in Jakarta, the IDX Composite Index gained 1.23% to hit a new all time high.

The best performers of the session on the IDX Composite Index were Renuka Coalindo Tbk (JK:SQMI), which rose 25.00% or 104 points to trade at 520 at the close. Meanwhile, Kapuas Prima Coal Tbk PT (JK:ZINC) added 24.72% or 220 points to end at 1110 and Bank Woori Saudara Indonesia 1906 (JK:SDRA) was up 23.58% or 145 points to 760 in late trade.

The worst performers of the session were Malacca Trust Wuwungan Insurance PT (JK:MTWI), which fell 24.74% or 96 points to trade at 292 at the close. Bakrie Sumatera Plantations (JK:UNSP) declined 10.38% or 22 points to end at 190 and Bank Of India Indonesia Tbk (JK:BSWD) was down 9.95% or 185 points to 1675.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 206 to 136 and 124 ended unchanged.

Shares in Kapuas Prima Coal Tbk PT (JK:ZINC) rose to all time highs; rising 24.72% or 220 to 1110.

Crude oil for December delivery was down 0.38% or 0.20 to $52.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.14% or 0.08 to hit $58.25 a barrel, while the December Gold Futures contract fell 0.37% or 4.73 to trade at $1273.57 a troy ounce.

USD/IDR was up 0.35% to 13583.0, while AUD/IDR fell 1.08% to 10417.50.

The US Dollar Index Futures was down 0.05% at 93.78.

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