Indonesia stocks higher at close of trade; IDX Composite Index up 0.93%

Investing.com

Published Aug 25, 2016 06:15AM ET

Indonesia stocks higher at close of trade; IDX Composite Index up 0.93%

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

At the close in Jakarta, the IDX Composite Index rose 0.93%.

The best performers of the session on the IDX Composite Index were Fks Multi Agro Tbk (JK:FISH), which rose 24.74% or 470 points to trade at 2370 at the close. Meanwhile, Langgeng Makmur Industri Tbk (JK:LMPI) added 24.66% or 36 points to end at 182 and Ictsi Jasa Prima Tbk (JK:KARW) was up 24.32% or 54 points to 276 in late trade.

The worst performers of the session were Gunawan Dianjaya Steel Tbk (JK:GDST), which fell 10.00% or 10 points to trade at 90 at the close. Saranacentral Bajatama Tbk (JK:BAJA) declined 9.91% or 22 points to end at 200 and Pelangi Indah Canindo Tbk (JK:PICO) was down 9.82% or 22 points to 202.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 160 to 160 and 79 ended unchanged.

Shares in Fks Multi Agro Tbk (JK:FISH) rose to 3-years highs; gaining 24.74% or 470 to 2370. Shares in Langgeng Makmur Industri Tbk (JK:LMPI) rose to 52-week highs; up 24.66% or 36 to 182.

Crude oil for October delivery was up 0.15% or 0.07 to $46.84 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.02% or 0.01 to hit $49.06 a barrel, while the December Gold contract fell 0.22% or 2.95 to trade at $1326.75 a troy ounce.

USD/IDR was down 0.20% to 13233.0, while AUD/IDR rose 0.03% to 10085.00.

The US Dollar Index was down 0.17% at 94.57.

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