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Indonesia stocks lower at close of trade; IDX Composite Index down 2.81%

Published 04/26/2018, 06:15 AM
© Reuters.  Indonesia stocks lower at close of trade; IDX Composite Index down 2.81%
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Investing.com – Indonesia stocks were lower after the close on Thursday, as losses in the Mining, Financials and Infrastructure sectors led shares lower.

At the close in Jakarta, the IDX Composite Index fell 2.81% to hit a new 6-months low.

The best performers of the session on the IDX Composite Index were Sunson Textile Manufacturer (JK:SSTM), which rose 25.00% or 130 points to trade at 650 at the close. Meanwhile, Protech Mitra Perkasa Tbk PT (JK:OASA) added 24.55% or 82 points to end at 416 and Maskapai Reasuransi Indonesia (JK:MREI) was up 21.94% or 1075 points to 5975 in late trade.

The worst performers of the session were Jembo Cable Company Tbk (JK:JECC), which fell 20.00% or 1240 points to trade at 4960 at the close. Metro Realty Tbk (JK:MTSM) declined 17.90% or 58 points to end at 266 and Primarindo Asia Infrastructure Tbk PT (JK:BIMA) was down 17.65% or 18 points to 84.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 345 to 67 and 81 ended unchanged.

Shares in Sunson Textile Manufacturer (JK:SSTM) rose to all time highs; rising 25.00% or 130 to 650. Shares in Maskapai Reasuransi Indonesia (JK:MREI) rose to 52-week highs; rising 21.94% or 1075 to 5975.

Crude oil for June delivery was up 0.57% or 0.39 to $68.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 0.77% or 0.57 to hit $74.57 a barrel, while the June Gold Futures contract rose 0.05% or 0.60 to trade at $1323.40 a troy ounce.

USD/IDR was down 0.35% to 13880.5, while AUD/IDR rose 0.14% to 10558.00.

The US Dollar Index Futures was down 0.03% at 91.00.

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