October 10, 2024

Indonesia stocks lower at close of trade; IDX Composite Index down 0.11%

Investing.com – Indonesia stocks were lower after the close on Thursday, as losses in the Agriculture, Basic Industry and Property sectors led shares lower.

At the close in Jakarta, the IDX Composite Index declined 0.11% to hit a new 1-month low.

The best performers of the session on the IDX Composite Index were Indoritel Makmur Internasional (JK:DNET), which fell 0.28% or 25.00 points to trade at 9,050.00 at the close. Meanwhile, Fortune Indonesia Tbk (JK:FORU) added 2,030.77% or 2,640.00 points to end at 2,770.00 and Maha Properti Indonesia Tbk PT (JK:MPRO) was up 1,727.27% or 1,900.00 points to 2,010.00 in late trade.

The worst performers of the session were Matahari Putra Prima Tbk (JK:MPPA), which fell 99.30% or 7,100.00 points to trade at 50.00 at the close. Bumi Teknokultura Unggul Tbk (JK:BTEK) declined 97.60% or 122.00 points to end at 3.00 and Asuransi Harta Aman Pratama Tbk PT (JK:AHAP) was down 97.44% or 4,141.00 points to 109.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 369 to 289 and 169 ended unchanged.

Shares in Matahari Putra Prima Tbk (JK:MPPA) fell to all time lows; down 99.30% or 7,100.00 to 50.00.

Crude oil for November delivery was up 0.91% or 0.67 to $73.91 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.85% or 0.65 to hit $77.23 a barrel, while the December Gold Futures contract rose 0.27% or 7.00 to trade at $2,633.00 a troy ounce.

USD/IDR was up 0.10% to 15,712.50, while AUD/IDR rose 0.22% to 10,568.18.

The US Dollar Index Futures was up 0.01% at 102.71.

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