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Indonesia stocks lower at close of trade; IDX Composite Index down 1.89%

Published 10/04/2018, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 1.89%
JKSE
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JKBIND
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MFMI
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Investing.com – Indonesia stocks were lower after the close on Thursday, as losses in the Basic Industry, Financials and Manufacturing sectors led shares lower.

At the close in Jakarta, the IDX Composite Index fell 1.89%.

The best performers of the session on the IDX Composite Index were Gunawan Dianjaya Steel Tbk (JK:GDST), which rose 34.48% or 40 points to trade at 156 at the close. Meanwhile, Abm Investama Tbk (JK:ABMM) added 24.50% or 425 points to end at 2160 and Paramita Bangun Sarana Tbk PT (JK:PBSA) was up 23.85% or 155 points to 805 in late trade.

The worst performers of the session were Multifiling Mitra Indonesia (JK:MFMI), which fell 20.39% or 155 points to trade at 605 at the close. Pratama Abadi Nusa Industri Tbk PT (JK:PANI) declined 20.19% or 86 points to end at 340 and Bank Qnb Indonesia Tbk (JK:BKSW) was down 19.23% or 35 points to 147.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 304 to 88 and 100 ended unchanged.

Shares in Pratama Abadi Nusa Industri Tbk PT (JK:PANI) fell to all time lows; losing 20.19% or 86 to 340. Shares in Bank Qnb Indonesia Tbk (JK:BKSW) fell to 5-year lows; down 19.23% or 35 to 147.

Crude oil for November delivery was down 0.13% or 0.10 to $76.31 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.17% or 0.15 to hit $86.14 a barrel, while the December Gold Futures contract rose 0.01% or 0.10 to trade at $1203.00 a troy ounce.

USD/IDR was up 0.28% to 15186.0, while AUD/IDR fell 0.03% to 10727.25.

The US Dollar Index Futures was down 0.14% at 95.54.

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