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Indonesia stocks lower at close of trade; IDX Composite Index down 0.63%

Published 05/16/2016, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.63%
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Investing.com – Indonesia stocks were lower after the close on Monday, as losses in the Miscellaneous Industry, Manufacturing and Consumer Industry sectors led shares lower.

At the close in Jakarta, the IDX Composite Index lost 0.63% to hit a new 1-month low.

The best performers of the session on the IDX Composite Index were Dwi Aneka Jaya Kemasindo Tbk (JK:DAJK), which rose 26.58% or 21.00 points to trade at 100.00 at the close. Meanwhile, Bukit Darmo Property Tbk (JK:BKDP) added 17.74% or 11 points to end at 73 and Asuransi Ramayana Tbk (JK:ASRM) was up 17.65% or 540 points to 3600 in late trade.

The worst performers of the session were Pelangi Indah Canindo Tbk (JK:PICO), which fell 10.00% or 19 points to trade at 171 at the close. Mnc Land Tbk (JK:KPIG) declined 9.88% or 120 points to end at 1095 and Magna Finance Tbk (JK:MGNA) was down 9.33% or 7.00 points to 68.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 164 to 122 and 90 ended unchanged.

Shares in Mnc Land Tbk (JK:KPIG) fell to 52-week lows; losing 9.88% or 120 to 1095. Shares in Asuransi Ramayana Tbk (JK:ASRM) rose to all time highs; rising 17.65% or 540 to 3600.

Crude oil for June delivery was up 1.86% or 0.86 to $47.07 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 1.90% or 0.91 to hit $48.74 a barrel, while the June Gold contract rose 0.81% or 10.35 to trade at $1283.05 a troy ounce.

USD/IDR was down 0.17% to 13314.5, while AUD/IDR rose 0.55% to 9734.20.

The US Dollar Index was up 0.02% at 94.62.

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