Indonesia stocks lower at close of trade; IDX Composite Index down 0.36%

Aug 02, 2018

Indonesia stocks were lower after the close on Friday, as losses in the Miscellaneous Industry, Mining and Basic Industry sectors led shares lower.

At the close in Jakarta, the IDX Composite Index lost 0.36%.

The best performers of the session on the IDX Composite Index were Global Teleshop Tbk (JK:GLOB), which rose 32.48% or 51 points to trade at 208 at the close. Meanwhile, Rig Tenders Tbk (JK:RIGS) added 25.00% or 58 points to end at 290 and Transcoal Pacific Tbk PT (JK:TCPI) was up 24.92% or 800 points to 4010 in late trade.

The worst performers of the session were Trans Power Marine Tbk (JK:TPMA), which fell 14.29% or 52 points to trade at 312 at the close. Multipolar Technology Tbk (JK:MLPT) declined 12.92% or 115 points to end at 775 and Sinergi Megah Internusa Tbk PT (JK:NUSA) was down 12.41% or 36 points to 254.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 230 to 148 and 131 ended unchanged.

Shares in Rig Tenders Tbk (JK:RIGS) rose to 3-years highs; gaining 25.00% or 58 to 290. Shares in Transcoal Pacific Tbk PT (JK:TCPI) rose to all time highs; gaining 24.92% or 800 to 4010.

Crude oil for September delivery was up 1.94% or 1.31 to $68.97 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October rose 1.37% or 0.99 to hit $73.38 a barrel, while the December Gold Futures contract fell 0.89% or 10.90 to trade at $1216.70 a troy ounce.

USD/IDR was up 0.49% to 14526.8, while AUD/IDR fell 0.08% to 10680.70.

The US Dollar Index Futures was up 0.57% at 95.00.