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Indonesia stocks higher at close of trade; IDX Composite Index up 2.67%

Published 05/24/2018, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 2.67%
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Investing.com – Indonesia stocks were higher after the close on Thursday, as gains in the Financials, Infrastructure and Consumer Industry sectors led shares higher.

At the close in Jakarta, the IDX Composite Index rose 2.67%.

The best performers of the session on the IDX Composite Index were Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk PT (JK:JMAS), which rose 25.00% or 165 points to trade at 825 at the close. Meanwhile, Campina Ice Cream Industry Tbk PT (JK:CAMP) added 24.72% or 88 points to end at 444 and Hotel Mandarine Regency Tbk PT (JK:HOME) was up 20.00% or 20 points to 120 in late trade.

The worst performers of the session were Multifiling Mitra Indonesia (JK:MFMI), which fell 13.57% or 95 points to trade at 605 at the close. Weha Transportasi Indonesia TBK (JK:WEHA) declined 12.92% or 23 points to end at 155 and Majapahit Inti Corpora Tbk PT (JK:AKSI) was down 11.31% or 38 points to 298.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 263 to 122 and 115 ended unchanged.

Shares in Multifiling Mitra Indonesia (JK:MFMI) fell to 52-week lows; losing 13.57% or 95 to 605. Shares in Weha Transportasi Indonesia TBK (JK:WEHA) fell to 52-week lows; down 12.92% or 23 to 155.

Crude oil for July delivery was down 0.67% or 0.48 to $71.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.91% or 0.73 to hit $79.07 a barrel, while the June Gold Futures contract rose 0.44% or 5.70 to trade at $1295.30 a troy ounce.

USD/IDR was down 0.18% to 14131.8, while AUD/IDR unchanged 0.00% to 10727.50.

The US Dollar Index Futures was down 0.19% at 93.73.

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