Indonesia stocks lower at close of trade; IDX Composite Index down 1.56%

Investing.com

Published Aug 14, 2018 06:15AM ET

Indonesia stocks lower at close of trade; IDX Composite Index down 1.56%

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

At the close in Jakarta, the IDX Composite Index lost 1.56% to hit a new 1-month low.

The best performers of the session on the IDX Composite Index were MD Pictures Tbk PT (JK:FILM), which rose 23.03% or 175 points to trade at 935 at the close. Meanwhile, Renuka Coalindo Tbk (JK:SQMI) added 22.32% or 50 points to end at 274 and Visi Telekomunikasi Infrastruktur Tbk PT (JK:GOLD) was up 18.36% or 83 points to 535 in late trade.

The worst performers of the session were Radana Bhaskara Finance Tbk (JK:HDFA), which fell 20.34% or 36 points to trade at 141 at the close. Global Teleshop Tbk (JK:GLOB) declined 18.18% or 40 points to end at 180 and Tambang Batubara Bukit Asam (JK:PTBA) was down 14.23% or 690 points to 4160.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 266 to 114 and 110 ended unchanged.

Shares in MD Pictures Tbk PT (JK:FILM) rose to all time highs; rising 23.03% or 175 to 935.

Crude oil for September delivery was up 0.82% or 0.55 to $67.75 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 0.84% or 0.61 to hit $73.22 a barrel, while the December Gold Futures contract rose 0.23% or 2.70 to trade at $1201.60 a troy ounce.

USD/IDR was down 0.29% to 14574.0, while AUD/IDR fell 0.26% to 10569.50.

The US Dollar Index Futures was unchanged 0.00% at 96.16.

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