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Indonesia shares lower at close of trade; Jakarta Stock Exchange Composite down 2.03%

Published 2018-03-07, 05:15 a/m
© Reuters.  Indonesia shares lower at close of trade; Jakarta Stock Exchange Composite down 2.03%

Investing.com – Indonesia equities were lower at the close on Wednesday, as losses in the Mining, Consumer Industry and Manufacturing sectors propelled shares lower.

At the close in Jakarta, the Jakarta Stock Exchange Composite lost 2.03% to hit a new 1-month low.

The biggest gainers of the session on the Jakarta Stock Exchange Composite were Kirana Megatara Tbk PT (JK:KMTR), which rose 25.00% or 155 points to trade at 775 at the close. Ristia Bintang Mahkotasejati (JK:RBMS) added 25.00% or 80 points to end at 400 and Kedawung Setia Industrial Tbk (JK:KDSI) was up 24.79% or 145 points to 730 in late trade.

Biggest losers included Sona Topas Tourism Industry (JK:SONA), which lost 21.91% or 850 points to trade at 3030 in late trade. Multi Prima Sejahtera Tbk (JK:LPIN) declined 19.50% or 195 points to end at 805 and PT Cahayasakti Investindo Sukses Tbk (JK:CSIS) shed 19.44% or 315 points to 1305.

Declining stocks outnumbered rising ones by 336 to 68 and 88 ended unchanged on the Jakarta Stock Exchange.

In commodities trading, Crude oil for April delivery was down 0.83% or 0.52 to $62.08 a barrel. Meanwhile, Brent oil for delivery in May fell 0.91% or 0.60 to hit $65.19 a barrel, while the April Gold Futures contract fell 0.09% or 1.20 to trade at $1334.00 a troy ounce.

USD/IDR was down 0.08% to 13763.5, while AUD/IDR fell 0.49% to 10731.50.

The US Dollar Index Futures was down 0.12% at 89.45.

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