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Indonesia stocks lower at close of trade; IDX Composite Index down 1.88%

Published 05/08/2018, 06:15 AM
Updated 05/08/2018, 06:20 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 1.88%
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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 1.88% to hit a new 6-months low.

The best performers of the session on the IDX Composite Index were Indorama Synthetics Tbk (JK:INDR), which rose 24.91% or 730 points to trade at 3660 at the close. Meanwhile, PT Dafam Property Indonesia Tbk (JK:DFAM) added 24.53% or 130 points to end at 660 and Multipolar Technology Tbk (JK:MLPT) was up 18.94% or 125 points to 785 in late trade.

The worst performers of the session were Intermedia Capital Tbk (JK:MDIA), which fell 15.71% or 44 points to trade at 236 at the close. Bank Agris Tbk (JK:AGRS) declined 14.89% or 70.00 points to end at 400.00 and Marga Abhinaya Abadi Tbk PT (JK:MABA) was down 12.98% or 85 points to 570.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 303 to 82 and 94 ended unchanged.

Shares in Indorama Synthetics Tbk (JK:INDR) rose to 5-year highs; up 24.91% or 730 to 3660. Shares in PT Dafam Property Indonesia Tbk (JK:DFAM) rose to all time highs; up 24.53% or 130 to 660.

Crude oil for June delivery was down 1.23% or 0.87 to $69.86 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July fell 0.92% or 0.70 to hit $75.47 a barrel, while the June Gold Futures contract fell 0.34% or 4.50 to trade at $1309.60 a troy ounce.

USD/IDR was up 0.05% to 14051.8, while AUD/IDR fell 0.49% to 10476.50.

The US Dollar Index Futures was up 0.33% at 92.92.

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