Indonesia stocks higher at close of trade

Indonesia stocks were higher after the close on Wednesday, as gains in the Agriculture, Trade and Financials sectors led shares higher.

At the close in Jakarta, the IDX Composite Index gained 0.74%.

The best performers of the session on the IDX Composite Index were Smartfren Telecom Tbk , which rose 24.29% or 17 points to trade at 87 at the close. Meanwhile, Cakra Mineral Tbk  added 20.78% or 16 points to end at 93 and Panca Global Securities Tbk  was up 20.00% or 40.00 points to 240.00 in late trade.

The worst performers of the session were Buana Listya Tama Tbk PT , which fell 9.73% or 11 points to trade at 102 at the close. Lotte Chemical Titan Tbk declined 9.32% or 11 points to end at 107 and Bank Yudha Bhakti Tbk  was down 8.89% or 20.00 points to 205.00.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 194 to 107 and 93 ended unchanged.

Shares in Smartfren Telecom Tbk rose to 52-week highs; rising 24.29% or 17 to 87. Shares in Panca Global Securities Tbk rose to 52-week highs; gaining 20.00% or 40.00 to 240.00.

Crude oil for May delivery was up 1.65% or 0.63 to $38.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.25% or 0.50 to hit $40.35 a barrel, while the June Gold contract rose 0.13% or 1.60 to trade at $1239.10 a troy ounce.

USD/IDR was down 0.11% to 13265.0, while AUD/IDR rose 0.24% to 10168.50.

The US Dollar Index was down 0.20% at 94.98. stock news