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Indonesia stocks lower at close of trade; IDX Composite Index down 1.60%

Published 06/03/2015, 06:15 AM
Indonesia stocks lower at close of trade; IDX Composite Index down 1.60%
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Investing.com – Indonesia stocks were lower after the close on Wednesday, as losses in the Miscellaneous Industry, Financials and Basic Industry sectors led shares lower.

At the close in Jakarta, the IDX Composite Index lost 1.60% to hit a new 1-month low.

The best performers of the session on the IDX Composite Index were Maskapai Reasuransi Indonesia (JK:MREI), which rose 25.00% or 700 points to trade at 3500 at the close. Meanwhile, Alakasa Industrindo Tbk (JK:ALKA) added 24.16% or 180 points to end at 925 and Metro Realty Tbk (JK:MTSM) was up 16.67% or 100 points to 700 in late trade.

The worst performers of the session were Surya Citra Media Tbk (JK:SCMA), which fell 18.78% or 695 points to trade at 3005 at the close. Wilmar Cahaya Indonesia Tbk (JK:CEKA) declined 16.14% or 255 points to end at 1325 and Bank Mega Tbk (JK:MEGA) was down 9.09% or 200 points to 2000.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 229 to 94 and 42 ended unchanged.

Shares in Alakasa Industrindo Tbk (JK:ALKA) rose to all time highs; rising 24.16% or 180 to 925. Shares in Metro Realty Tbk (JK:MTSM) rose to 3-years highs; gaining 16.67% or 100 to 700.

Crude oil for July delivery was down 2.15% or 1.31 to $59.95 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 2.23% or 1.46 to hit $64.03 a barrel, while the August Gold contract fell 0.44% or 5.30 to trade at $1189.10 a troy ounce.

USD/IDR was up 0.27% to 13228.0, while AUD/IDR fell 0.93% to 10177.50.

The US Dollar Index was up 0.26% at 96.25.

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