Indonesia stocks higher at close of trade

        Indonesia stocks higher at close of trade; IDX Composite Index up 0.89%

Indonesia stocks higher at close of trade

Indonesia stocks were higher after the close on Tuesday, as gains in the Miscellaneous Industry, Manufacturing and Consumer Industry sectors led shares higher.

At the close in Jakarta, the IDX Composite Index gained 0.89%.

The best performers of the session on the IDX Composite Index were Pelat Timah Nusantara Tbk, which rose 19.23% or 20 points to trade at 124 at the close. Meanwhile, Semen Baturaja Persero Tbk added 15.56% or 68 points to end at 505 and Indofarma Tbk  was up 14.52% or 90 points to 710 in late trade.

The worst performers of the session were Multipolar Technology Tbk , which fell 10.00% or 120 points to trade at 1080 at the close. Asuransi Ramayana Tbk declined 10.00% or 230 points to end at 2070 and Golden Eagle Energy Tbk was down 9.78% or 22 points to 203.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 171 to 128 and 86 ended unchanged.

Shares in Pelat Timah Nusantara Tbk rose to 52-week highs; gaining 19.23% or 20 to 124. Shares in Semen Baturaja Persero Tbk rose to 52-week highs; gaining 15.56% or 68 to 505. Shares in Indofarma Tbk  rose to all time highs; rising 14.52% or 90 to 710.

Crude oil for May delivery was up 0.84% or 0.34 to $40.70 a barrel. Elsewhere in commodities trading, Brent oil for delivery in June rose 1.14% or 0.49 to hit $43.32 a barrel, while the June Gold contract rose 0.19% or 2.40 to trade at $1260.40 a troy ounce.

USD/IDR was unchanged 0.00% to 13105.0, while AUD/IDR rose 0.38% to 10032.80.

The US Dollar Index was down 0.14% at 93.84.