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Indonesia shares higher at close of trade; Jakarta Stock Exchange Composite up 1.23%

Published 2017-10-25, 06:15 a/m
© Reuters.  Indonesia shares higher at close of trade; Jakarta Stock Exchange Composite up 1.23%
JKSE
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JKBIND
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JKPROP
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JKTRAD
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BSWD
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UNSP
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SDRA
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SQMI
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MTWI
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ZINC
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Investing.com – Indonesia equities were higher at the close on Wednesday, as gains in the Basic Industry, Trade and Property sectors propelled shares higher.

At the close in Jakarta, the Jakarta Stock Exchange Composite rose 1.23% to hit a new all time high.

The biggest gainers of the session on the Jakarta Stock Exchange Composite were Renuka Coalindo Tbk (JK:SQMI), which rose 25.00% or 104 points to trade at 520 at the close. Kapuas Prima Coal Tbk PT (JK:ZINC) added 24.72% or 220 points to end at 1110 and Bank Woori Saudara Indonesia 1906 (JK:SDRA) was up 23.58% or 145 points to 760 in late trade.

Biggest losers included Malacca Trust Wuwungan Insurance PT (JK:MTWI), which lost 24.74% or 96 points to trade at 292 in late trade. Bakrie Sumatera Plantations (JK:UNSP) declined 10.38% or 22 points to end at 190 and Bank Of India Indonesia Tbk (JK:BSWD) shed 9.95% or 185 points to 1675.

Advancing stocks outnumbered falling ones by 206 to 136 and 124 ended unchanged on the Jakarta Stock Exchange.

In commodities trading, Crude oil for December delivery was down 0.40% or 0.21 to $52.26 a barrel. Meanwhile, Brent oil for delivery in December fell 0.15% or 0.09 to hit $58.24 a barrel, while the December Gold Futures contract fell 0.37% or 4.76 to trade at $1273.54 a troy ounce.

USD/IDR was up 0.35% to 13583.0, while AUD/IDR fell 1.08% to 10417.50.

The US Dollar Index Futures was down 0.05% at 93.78.

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