Indonesia stocks lower at close of trade

Indonesia Stock Market News

Indonesia stocks were lower after the close on Tuesday, as losses in the Agriculture, Miscellaneous Industry and Financials sectors led shares lower.

At the close in Jakarta, the IDX Composite Index lost 0.81%.

The best performers of the session on the IDX Composite Index were Indo Kordsa Tbk , which rose 25.00% or 1125 points to trade at 5625 at the close. Meanwhile, Maskapai Reasuransi Indonesia  added 19.81% or 1575 points to end at 9525 and Saranacentral Bajatama Tbk  was up 14.79% or 21 points to 163 in late trade.

The worst performers of the session were Tembaga Mulia Semanan Tbk , which fell 10.00% or 1000.00 points to trade at 9000.00 at the close. Multifiling Mitra Indonesia declined 9.88% or 32 points to end at 292 and Provident Agro Tbk was down 9.66% or 40 points to 374.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 186 to 106 and 92 ended unchanged.

Shares in Maskapai Reasuransi Indonesia rose to all time highs; rising 19.81% or 1575 to 9525. Shares in Provident Agro Tbk fell to 52-week lows; losing 9.66% or 40 to 374.

Crude oil for July delivery was up 0.30% or 0.15 to $49.48 a barrel. Elsewhere in commodities trading, Brent oil for delivery in August fell 0.48% or 0.24 to hit $50.12 a barrel, while the August Gold contract fell 0.20% or 2.45 to trade at $1214.25 a troy ounce.

USD/IDR was down 0.08% to 13630.0, while AUD/IDR rose 0.78% to 9878.70.

The US Dollar Index was down 0.10% at 95.62.


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