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Indonesia stocks higher at close of trade; IDX Composite Index up 2.85%

Published 05/02/2016, 09:15 pm
Indonesia stocks higher at close of trade; IDX Composite Index up 2.85%

Investing.com – Indonesia stocks were higher after the close on Friday, as gains in the Financials, Miscellaneous Industry and Trade sectors led shares higher.

At the close in Jakarta, the IDX Composite Index gained 2.85% to hit a new 6-months high.

The best performers of the session on the IDX Composite Index were Tira Austenite Tbk (JK:TIRA), which rose 21.86% or 40.000 points to trade at 223.000 at the close. Meanwhile, Cardig Aero Services Tbk (JK:CASS) added 17.92% or 190 points to end at 1250 and Bank Mitraniaga Tbk (JK:NAGA) was up 16.04% or 30 points to 217 in late trade.

The worst performers of the session were Toba Pulp Lestari Tbk (JK:INRU), which fell 10.00% or 45 points to trade at 405 at the close. Bank Harda Internasional Tbk PT (JK:BBHI) declined 9.91% or 11 points to end at 100 and Golden Eagle Energy Tbk (JK:SMMT) was down 9.88% or 8 points to 73.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 170 to 114 and 90 ended unchanged.

Shares in Tira Austenite Tbk (JK:TIRA) rose to 52-week highs; rising 21.86% or 40.000 to 223.000. Shares in Golden Eagle Energy Tbk (JK:SMMT) fell to 3-years lows; down 9.88% or 8 to 73.

Crude oil for March delivery was up 1.28% or 0.41 to $32.12 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April rose 0.74% or 0.26 to hit $34.72 a barrel, while the April Gold contract rose 0.08% or 0.90 to trade at $1158.40 a troy ounce.

USD/IDR was down 0.48% to 13597.0, while AUD/IDR fell 0.19% to 9792.30.

The US Dollar Index was up 0.15% at 96.65.

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