Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Indonesia shares lower at close of trade; Jakarta Stock Exchange Composite down 1.96%

Published 2018-07-03, 06:15 a/m
© Reuters.  Indonesia shares lower at close of trade; Jakarta Stock Exchange Composite down 1.96%
JKSE
-
JKBIND
-
JKINFRA
-
JKMISC
-
SONA
-
OKAS
-
IMAS
-
PICO
-
SKLT
-
CSIS
-

Investing.com – Indonesia equities were lower at the close on Tuesday, as losses in the Basic Industry, Miscellaneous Industry and Infrastructure sectors propelled shares lower.

At the close in Jakarta, the Jakarta Stock Exchange Composite fell 1.96% to hit a new 52-week low.

The biggest gainers of the session on the Jakarta Stock Exchange Composite were PT Cahayasakti Investindo Sukses Tbk (JK:CSIS), which rose 22.98% or 370 points to trade at 1980 at the close. Sekar Laut Tbk (JK:SKLT) added 16.67% or 150.00 points to end at 1050.00 and Pelangi Indah Canindo Tbk (JK:PICO) was up 16.36% or 36 points to 256 in late trade.

Biggest losers included Indomobil Sukses Internasional (JK:IMAS), which lost 25.00% or 700 points to trade at 2100 in late trade. Sona Topas Tourism Industry (JK:SONA) declined 24.92% or 820 points to end at 2470 and Ancora Indonesia Resources Tbk (JK:OKAS) shed 24.77% or 53 points to 161.

Declining stocks outnumbered rising ones by 343 to 65 and 95 ended unchanged on the Jakarta Stock Exchange.

In commodities trading, Crude oil for August delivery was up 1.12% or 0.83 to $74.77 a barrel. Meanwhile, Brent oil for delivery in September rose 0.94% or 0.73 to hit $78.03 a barrel, while the August Gold Futures contract rose 0.52% or 6.50 to trade at $1248.20 a troy ounce.

USD/IDR was up 0.20% to 14384.0, while AUD/IDR rose 0.97% to 10623.50.

The US Dollar Index Futures was down 0.23% at 94.38.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.