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Indonesia shares higher at close of trade; Jakarta Stock Exchange Composite up 1.63%

Published 01/08/2018, 08:15 pm
Updated 01/08/2018, 08:20 pm
© Reuters.  Indonesia shares higher at close of trade; Jakarta Stock Exchange Composite up 1.63%
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Investing.com – Indonesia equities were higher at the close on Wednesday, as gains in the Miscellaneous Industry, Basic Industry and Financials sectors propelled shares higher.

At the close in Jakarta, the Jakarta Stock Exchange Composite gained 1.63% to hit a new 1-month high.

The biggest gainers of the session on the Jakarta Stock Exchange Composite were Rig Tenders Tbk (JK:RIGS), which rose 34.10% or 59 points to trade at 232 at the close. Transcoal Pacific Tbk PT (JK:TCPI) added 24.90% or 640 points to end at 3210 and Sat Nusapersada Tbk (JK:PTSN) was up 21.74% or 60 points to 336 in late trade.

Biggest losers included Reliance Securities Tbk (JK:RELI), which lost 21.68% or 62 points to trade at 224 in late trade. Multifiling Mitra Indonesia (JK:MFMI) declined 20.75% or 165 points to end at 630 and Inter-Delta Tbk (JK:INTD) shed 20.00% or 60.00 points to 240.00.

Advancing stocks outnumbered falling ones by 251 to 135 and 119 ended unchanged on the Jakarta Stock Exchange.

In commodities trading, Crude oil for September delivery was down 0.95% or 0.65 to $68.11 a barrel. Meanwhile, Brent oil for delivery in October fell 0.90% or 0.67 to hit $73.54 a barrel, while the August Gold Futures contract fell 0.05% or 0.60 to trade at $1223.10 a troy ounce.

USD/IDR was up 0.07% to 14425.0, while AUD/IDR rose 0.16% to 10732.05.

The US Dollar Index Futures was up 0.08% at 94.41.

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