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Indonesia stocks lower at close of trade; IDX Composite Index down 1.78%

Published 2016-01-11, 05:15 a/m
Indonesia stocks lower at close of trade; IDX Composite Index down 1.78%

Investing.com – Indonesia stocks were lower after the close on Monday, as losses in the Infrastructure, Property and Basic Industry sectors led shares lower.

At the close in Jakarta, the IDX Composite Index lost 1.78%.

The best performers of the session on the IDX Composite Index were Jakarta Kyoei Steel Works Tbk (JK:JKSW), which rose 23.81% or 15 points to trade at 78 at the close. Meanwhile, Bank Dinar Indonesia Tbk (JK:DNAR) added 13.85% or 18.00 points to end at 148.00 and Prasidha Aneka Niaga Tbk (JK:PSDN) was up 9.84% or 12 points to 134 in late trade.

The worst performers of the session were Bank Qnb Indonesia Tbk (JK:BKSW), which fell 10.00% or 30 points to trade at 270 at the close. Golden Eagle Energy Tbk (JK:SMMT) declined 10.00% or 12 points to end at 108 and Alakasa Industrindo Tbk (JK:ALKA) was down 10.00% or 70 points to 630.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 236 to 60 and 39 ended unchanged.

Shares in Bank Qnb Indonesia Tbk (JK:BKSW) fell to 3-years lows; falling 10.00% or 30 to 270. Shares in Golden Eagle Energy Tbk (JK:SMMT) fell to 3-years lows; losing 10.00% or 12 to 108.

Crude oil for February delivery was down 1.55% or 0.52 to $32.65 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March fell 1.65% or 0.56 to hit $33.37 a barrel, while the February Gold contract rose 0.25% or 2.70 to trade at $1100.60 a troy ounce.

USD/IDR was down 0.65% to 13840.0, while AUD/IDR rose 1.06% to 9735.20.

The US Dollar Index was up 0.17% at 98.62.

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