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Indonesia shares lower at close of trade; Jakarta Stock Exchange Composite down 0.38%

Published 05/12/2024, 08:30
Updated 05/12/2024, 08:35
© Reuters.  Indonesia shares lower at close of trade; Jakarta Stock Exchange Composite down 0.38%
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Investing.com – Indonesia equities were lower at the close on Thursday, as losses in the Financials, Agriculture and Basic Industry sectors propelled shares lower.

At the close in Jakarta, the Jakarta Stock Exchange Composite fell 0.38%.

The biggest gainers of the session on the Jakarta Stock Exchange Composite were Sunson Textile Manufacturer (JK:SSTM), which rose 34.81% or 47.00 points to trade at 182.00 at the close. Megapolitan Developments Tbk (JK:EMDE) added 34.48% or 40.00 points to end at 156.00 and Indo Straits Tbk (JK:PTIS) was up 25.00% or 54.00 points to 270.00 in late trade.

Biggest losers included Quantum Clovera Investama Tbk PT (JK:KREN), which lost 16.67% or 1.00 points to trade at 5.00 in late trade. Fuji Finance Indonesia Tbk PT (JK:FUJI) declined 14.29% or 54.00 points to end at 324.00 and Modern Internasional Tbk (JK:MDRN) shed 14.29% or 1.00 points to 6.00.

Declining stocks outnumbered rising ones by 312 to 291 and 226 ended unchanged on the Jakarta Stock Exchange.

In commodities trading, Crude oil for January delivery was up 0.35% or 0.24 to $68.78 a barrel. Meanwhile, Brent oil for delivery in February rose 0.30% or 0.22 to hit $72.53 a barrel, while the February Gold Futures contract fell 0.25% or 6.69 to trade at $2,669.51 a troy ounce.

USD/IDR was down 0.23% to 15,860.10, while AUD/IDR rose 0.06% to 10,227.51.

The US Dollar Index Futures was down 0.19% at 106.09.

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