3 months ago
Stock Market

Indonesia stocks higher at close of trade; IDX Composite Index up 1.02%

Investing.com – Indonesia stocks were higher after the close on Thursday, as gains in the Infrastructure, Miscellaneous Industry and Basic

Investing.com – Indonesia stocks were higher after the close on Thursday, as gains in the Infrastructure, Miscellaneous Industry and Basic Industry sectors led shares higher.

At the close in Jakarta, the IDX Composite Index gained 1.02% to hit a new 6-months high.

The best performers of the session on the IDX Composite Index were Satria Mega Kencana Tbk PT (JK:SOTS), which rose 25.00% or 109 points to trade at 545 at the close. Meanwhile, Majapahit Inti Corpora Tbk PT (JK:AKSI) added 25.00% or 86 points to end at 430 and Pudjiadi&Sons Tbk (JK:PNSE) was up 24.67% or 185 points to 935 in late trade.

The worst performers of the session were Renuka Coalindo Tbk (JK:SQMI), which fell 24.68% or 137 points to trade at 418 at the close. Indonesian Paradise Property (JK:INPP) declined 20.66% or 125 points to end at 480 and Gowa Makassar Tourism Develop (JK:GMTD) was down 9.90% or 1475 points to 13425.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 254 to 149 and 129 ended unchanged.

Shares in Satria Mega Kencana Tbk PT (JK:SOTS) rose to all time highs; up 25.00% or 109 to 545. Shares in Indonesian Paradise Property (JK:INPP) fell to 52-week lows; falling 20.66% or 125 to 480.

Crude oil for January delivery was down 0.31% or 0.16 to $50.99 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.30% or 0.18 to hit $59.97 a barrel, while the February Gold Futures contract fell 0.07% or 0.85 to trade at $1249.15 a troy ounce.

USD/IDR was down 0.22% to 14499.8, while AUD/IDR fell 0.12% to 10520.35.

The US Dollar Index Futures was down 0.07% at 96.947.