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Tuesday, May 31, 2016

Indonesia stocks lower at close of trade; IDX Composite Index down 0.81%

Investing.com – Indonesia stocks were lower after the close on Tuesday, as losses in the , and sectors led shares lower.

At the close in Jakarta, the lost 0.81%.

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

The worst performers of the session were Tembaga Mulia Semanan Tbk (JK:), which fell 10.00% or 1000.00 points to trade at 9000.00 at the close. Multifiling Mitra Indonesia (JK:) declined 9.88% or 32 points to end at 292 and Provident Agro Tbk (JK:) 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 (JK:) rose to all time highs; rising 19.81% or 1575 to 9525. Shares in Provident Agro Tbk (JK:) 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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Source: Indonesia stocks lower at close of trade; IDX Composite Index down 0.81%

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