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Indonesia stocks higher at close of trade; IDX Composite Index up 1.93%

Published 11/29/2018, 05:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 1.93%
JKSE
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JKBIND
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JKPROP
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JKCONS
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HDTX
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TALF
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ARTO
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INCF
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DEAL
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POLA
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Investing.com – Indonesia stocks were higher after the close on Thursday, as gains in the Property, Consumer Industry and Basic Industry sectors led shares higher.

At the close in Jakarta, the IDX Composite Index added 1.93% to hit a new 6-months high.

The best performers of the session on the IDX Composite Index were Indo Komoditi Korpora Tbk PT (JK:INCF), which rose 34.15% or 56 points to trade at 220 at the close. Meanwhile, Pool Advista Finance Tbk PT (JK:POLA) added 24.88% or 265 points to end at 1330 and Dewata Freight International Tbk PT (JK:DEAL) was up 24.46% or 113 points to 575 in late trade.

The worst performers of the session were Tunas Alfin Tbk (JK:TALF), which fell 22.80% or 88 points to trade at 298 at the close. Bank Artos Indonesia Tbk PT (JK:ARTO) declined 21.74% or 40 points to end at 144 and Panasia Indo Resources Tbk (JK:HDTX) was down 17.10% or 33 points to 160.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 254 to 139 and 130 ended unchanged.

Shares in Pool Advista Finance Tbk PT (JK:POLA) rose to all time highs; up 24.88% or 265 to 1330. Shares in Dewata Freight International Tbk PT (JK:DEAL) rose to all time highs; rising 24.46% or 113 to 575.

Crude oil for January delivery was down 0.97% or 0.49 to $49.80 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 1.37% or 0.81 to hit $58.28 a barrel, while the February Gold Futures contract rose 0.18% or 2.20 to trade at $1232.00 a troy ounce.

USD/IDR was down 0.94% to 14329.2, while AUD/IDR rose 0.11% to 10550.15.

The US Dollar Index Futures was up 0.09% at 96.765.

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