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Indonesia shares higher at close of trade; Jakarta Stock Exchange Composite up 2.31%

Published 09/05/2018, 11:15
Updated 09/05/2018, 11:20
© Reuters.  Indonesia shares higher at close of trade; Jakarta Stock Exchange Composite up 2.31%
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Investing.com – Indonesia equities were higher at the close on Wednesday, as gains in the Financials, Consumer Industry and Manufacturing sectors propelled shares higher.

At the close in Jakarta, the Jakarta Stock Exchange Composite rose 2.31%.

The biggest gainers of the session on the Jakarta Stock Exchange Composite were Eterindo Wahanatama Tbk (JK:ETWA), which rose 34.92% or 22 points to trade at 85 at the close. PT Dafam Property Indonesia Tbk (JK:DFAM) added 25.00% or 165 points to end at 825 and PT Cahayasakti Investindo Sukses Tbk (JK:CSIS) was up 24.78% or 285 points to 1435 in late trade.

Biggest losers included Forza Land Indonesia Tbk PT (JK:FORZ), which lost 22.22% or 170 points to trade at 595 in late trade. Tunas Alfin Tbk (JK:TALF) declined 15.26% or 58 points to end at 322 and Bank Maspion Indonesia Tbk (JK:BMAS) shed 14.21% or 54 points to 326.

Advancing stocks outnumbered falling ones by 224 to 184 and 94 ended unchanged on the Jakarta Stock Exchange.

In commodities trading, Crude oil for June delivery was up 2.56% or 1.77 to $70.83 a barrel. Meanwhile, Brent oil for delivery in July rose 2.57% or 1.92 to hit $76.77 a barrel, while the June Gold Futures contract fell 0.56% or 7.40 to trade at $1306.30 a troy ounce.

USD/IDR was up 0.22% to 14085.0, while AUD/IDR rose 0.05% to 10473.50.

The US Dollar Index Futures was up 0.10% at 93.03.

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