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Indonesia stocks lower at close of trade; IDX Composite Index down 0.34%

Published 10/27/2017, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.34%
JKSE
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JKPROP
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JKFINANCE
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JKMISC
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HDTX
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AIMS
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GOLD
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ICON
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SQMI
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ZINC
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Investing.com – Indonesia stocks were lower after the close on Friday, as losses in the Miscellaneous Industry, Financials and Property sectors led shares lower.

At the close in Jakarta, the IDX Composite Index fell 0.34%.

The best performers of the session on the IDX Composite Index were Island Concepts Indonesia Tbk (JK:ICON), which rose 26.47% or 27 points to trade at 129 at the close. Meanwhile, Kapuas Prima Coal Tbk PT (JK:ZINC) added 24.77% or 275 points to end at 1385 and Panasia Indo Resources Tbk (JK:HDTX) was up 24.61% or 94 points to 476 in late trade.

The worst performers of the session were Visi Telekomunikasi Infrastruktur Tbk PT (JK:GOLD), which fell 24.49% or 120 points to trade at 370 at the close. Renuka Coalindo Tbk (JK:SQMI) declined 18.40% or 115 points to end at 510 and Akbar Indomakmur Stimec Tbk (JK:AIMS) was down 14.47% or 23 points to 136.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 195 to 147 and 113 ended unchanged.

Shares in Visi Telekomunikasi Infrastruktur Tbk PT (JK:GOLD) fell to 52-week lows; losing 24.49% or 120 to 370. Shares in Kapuas Prima Coal Tbk PT (JK:ZINC) rose to all time highs; rising 24.77% or 275 to 1385.

Crude oil for December delivery was down 0.23% or 0.12 to $52.52 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.30% or 0.18 to hit $59.12 a barrel, while the December Gold Futures contract fell 0.00% or 0.02 to trade at $1269.58 a troy ounce.

USD/IDR was down 0.29% to 13610.5, while AUD/IDR rose 0.54% to 10541.00.

The US Dollar Index Futures was up 0.19% at 94.73.

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