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Indonesia stocks higher at close of trade; IDX Composite Index up 2.59%

Published 05/19/2017, 06:15 AM
Updated 05/19/2017, 06:15 AM
© Reuters.  Indonesia stocks higher at close of trade; IDX Composite Index up 2.59%

Investing.com – Indonesia stocks were higher after the close on Friday, as gains in the Infrastructure, Financials and Property sectors led shares higher.

At the close in Jakarta, the IDX Composite Index rose 2.59% to hit a new all time high.

The best performers of the session on the IDX Composite Index were Ever Shine Textile Industry (JK:ESTI), which rose 34.92% or 22 points to trade at 85 at the close. Meanwhile, Eka Sari Lorena Transport Tbk (JK:LRNA) added 34.19% or 40.00 points to end at 157.00 and Bintang Mitra Semestaraya Tbk (JK:BMSR) was up 31.53% or 35.00 points to 146.00 in late trade.

The worst performers of the session were Radana Bhaskara Finance Tbk (JK:HDFA), which fell 27.65% or 47 points to trade at 123 at the close. Primarindo Asia Infrastructure Tbk PT (JK:BIMA) declined 22.64% or 24 points to end at 82 and Unggul Indah Cahaya Tbk (JK:UNIC) was down 13.36% or 640.00 points to 4150.00.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 230 to 99 and 113 ended unchanged.

Shares in Radana Bhaskara Finance Tbk (JK:HDFA) fell to all time lows; falling 27.65% or 47 to 123. Shares in Primarindo Asia Infrastructure Tbk PT (JK:BIMA) fell to all time lows; down 22.64% or 24 to 82.

Crude oil for June delivery was up 0.83% or 0.41 to $49.76 a barrel. Elsewhere in commodities trading, Brent oil for delivery in July rose 0.80% or 0.42 to hit $52.93 a barrel, while the June Gold Futures contract fell 0.07% or 0.89 to trade at $1251.91 a troy ounce.

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USD/IDR was down 0.50% to 13326.0, while AUD/IDR fell 0.44% to 9918.60.

The US Dollar Index Futures was down 0.40% at 97.38.

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