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Indonesia stocks lower at close of trade; IDX Composite Index down 1.72%

Published 11/09/2018, 05:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 1.72%
JKSE
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JKPROP
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JKMNFG
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SSTM
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KONI
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Investing.com – Indonesia stocks were lower after the close on Friday, as losses in the Consumer Industry, Manufacturing and Property sectors led shares lower.

At the close in Jakarta, the IDX Composite Index lost 1.72%.

The best performers of the session on the IDX Composite Index were Transcoal Pacific Tbk PT (JK:TCPI), which rose 20.00% or 1050 points to trade at 6300 at the close. Meanwhile, Arkadia Digital Media Tbk PT (JK:DIGI) added 19.15% or 225 points to end at 1400 and PT Pelayaran Tamarin Samudra Tbk (JK:TAMU) was up 14.43% or 290 points to 2300 in late trade.

The worst performers of the session were Kota Satu Properti Tbk PT (JK:SATU), which fell 22.50% or 36 points to trade at 124 at the close. Perdana Bangun Pusaka Tbk PT (JK:KONI) declined 16.67% or 30 points to end at 150 and Sunson Textile Manufacturer (JK:SSTM) was down 13.51% or 60 points to 384.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 275 to 117 and 100 ended unchanged.

Shares in Kota Satu Properti Tbk PT (JK:SATU) fell to all time lows; falling 22.50% or 36 to 124. Shares in Arkadia Digital Media Tbk PT (JK:DIGI) rose to all time highs; rising 19.15% or 225 to 1400. Shares in Perdana Bangun Pusaka Tbk PT (JK:KONI) fell to 52-week lows; falling 16.67% or 30 to 150.

Crude oil for December delivery was down 0.87% or 0.53 to $60.14 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January fell 0.79% or 0.56 to hit $70.09 a barrel, while the December Gold Futures contract fell 0.39% or 4.80 to trade at $1221.40 a troy ounce.

USD/IDR was down 0.03% to 14670.0, while AUD/IDR rose 0.21% to 10600.15.

The US Dollar Index Futures was up 0.13% at 96.68.

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