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Indonesia stocks lower at close of trade; IDX Composite Index down 0.73%

Published 03/20/2018, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 0.73%
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Investing.com – Indonesia stocks were lower after the close on Tuesday, as losses in the Infrastructure, Basic Industry and Consumer Industry sectors led shares lower.

At the close in Jakarta, the IDX Composite Index lost 0.73% to hit a new 1-month low.

The best performers of the session on the IDX Composite Index were Kobexindo Tractors Tbk (JK:KOBX), which rose 35.00% or 42 points to trade at 162 at the close. Meanwhile, Express Transindo Utama Tbk (JK:TAXI) added 34.97% or 57 points to end at 220 and Asia Pacific Fibers Tbk (JK:POLY) was up 34.78% or 40 points to 155 in late trade.

The worst performers of the session were PT Cahayasakti Investindo Sukses Tbk (JK:CSIS), which fell 24.80% or 305 points to trade at 925 at the close. Danasupra Erapacific Tbk (JK:DEFI) declined 19.23% or 250.00 points to end at 1050.00 and Bank Artos Indonesia Tbk PT (JK:ARTO) was down 11.76% or 24 points to 180.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 243 to 113 and 114 ended unchanged.

Shares in Kobexindo Tractors Tbk (JK:KOBX) rose to 52-week highs; gaining 35.00% or 42 to 162. Shares in Express Transindo Utama Tbk (JK:TAXI) rose to 52-week highs; rising 34.97% or 57 to 220. Shares in Asia Pacific Fibers Tbk (JK:POLY) rose to 3-years highs; up 34.78% or 40 to 155.

Crude oil for May delivery was up 0.85% or 0.53 to $62.66 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May rose 0.86% or 0.57 to hit $66.62 a barrel, while the April Gold Futures contract fell 0.46% or 6.00 to trade at $1311.80 a troy ounce.

USD/IDR was down 0.25% to 13750.0, while AUD/IDR rose 0.05% to 10575.00.

The US Dollar Index Futures was up 0.19% at 89.64.

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