Indonesia stocks lower at close of trade; IDX Composite Index down 1.52%

Jul 31, 2018

Indonesia stocks were lower after the close on Tuesday, as losses in the Infrastructure, Mining and Property sectors led shares lower.

At the close in Jakarta, the IDX Composite Index lost 1.52%.

The best performers of the session on the IDX Composite Index were Trans Power Marine Tbk (JK:TPMA), which rose 25.00% or 60 points to trade at 300 at the close. Meanwhile, Kabelindo Murni Tbk (JK:KBLM) added 22.88% or 54 points to end at 290 and Multifiling Mitra Indonesia (JK:MFMI) was up 22.31% or 145 points to 795 in late trade.

The worst performers of the session were Matahari Department Store Tbk (JK:LPPF), which fell 15.53% or 1475 points to trade at 8025 at the close. Smart Tbk (JK:SMAR) declined 11.03% or 480 points to end at 3870 and Krakatau Steel Persero Tbk (JK:KRAS) was down 10.87% or 50 points to 410.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 271 to 129 and 98 ended unchanged.

Shares in Trans Power Marine Tbk (JK:TPMA) rose to 52-week highs; gaining 25.00% or 60 to 300.

Crude oil for September delivery was down 0.50% or 0.35 to $69.78 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 0.32% or 0.24 to hit $75.31 a barrel, while the August Gold Futures contract fell 0.34% or 4.20 to trade at $1217.10 a troy ounce.

USD/IDR was up 0.11% to 14419.2, while AUD/IDR fell 0.29% to 10650.35.

The US Dollar Index Futures was down 0.02% at 94.12.