December 18, 2024

Indonesia stocks lower at close of trade; IDX Composite Index down 0.33%

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

At the close in Jakarta, the IDX Composite Index declined 0.33%.

The best performers of the session on the IDX Composite Index were Krida Jaringan Nusantara Tbk PT (JK:KJEN), which rose 34.55% or 38.00 points to trade at 148.00 at the close. Meanwhile, Lion Metal Works Tbk (JK:LION) added 25.00% or 94.00 points to end at 470.00 and Sekar Bumi Tbk (JK:SKBM) was up 25.00% or 135.00 points to 675.00 in late trade.

The worst performers of the session were Satria Antaran Prima Tbk PT (JK:SAPX), which fell 25.00% or 255.00 points to trade at 765.00 at the close. Golden Flower Tbk PT (JK:POLU) declined 24.89% or 575.00 points to end at 1,735.00 and Andira Agro Tbk PT (JK:ANDI) was down 14.29% or 1.00 points to 6.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 403 to 200 and 229 ended unchanged.

Shares in Krida Jaringan Nusantara Tbk PT (JK:KJEN) rose to 52-week highs; rising 34.55% or 38.00 to 148.00. Shares in Sekar Bumi Tbk (JK:SKBM) rose to 5-year highs; rising 25.00% or 135.00 to 675.00.

Crude oil for January delivery was down 0.04% or 0.03 to $70.05 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February rose 0.49% or 0.36 to hit $73.55 a barrel, while the February Gold Futures contract rose 0.03% or 0.70 to trade at $2,662.70 a troy ounce.

USD/IDR was up 0.29% to 16,106.00, while AUD/IDR fell 0.08% to 10,163.51.

The US Dollar Index Futures was up 0.01% at 106.68.

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