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Indonesia shares lower at close of trade; Jakarta Stock Exchange Composite down 3.38%

Published 05/08/2024, 09:30
Updated 05/08/2024, 09:35
© Reuters.  Indonesia shares lower at close of trade; Jakarta Stock Exchange Composite down 3.38%
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Investing.com – Indonesia equities were lower at the close on Monday, as losses in the Financials, Infrastructure and Agriculture sectors propelled shares lower.

At the close in Jakarta, the Jakarta Stock Exchange Composite lost 3.38% to hit a new 1-month low.

The biggest gainers of the session on the Jakarta Stock Exchange Composite were Super Energy Tbk PT (JK:SURE), which rose 1,538.71% or 2,385.00 points to trade at 2,540.00 at the close. Jaya Sukses Makmur Sentosa Tbk PT (JK:RISE) added 504.29% or 822.00 points to end at 985.00 and Ulima Nitra PT (JK:UNIQ) was up 425.42% or 502.00 points to 620.00 in late trade.

Biggest losers included Millennium Pharmacon International (JK:SDPC), which lost 97.44% or 4,872.00 points to trade at 128.00 in late trade. Sepatu Bata Tbk (JK:BATA) declined 95.06% or 1,212.00 points to end at 63.00 and Oscar Mitra Sukses Sejahtera Tbk PT (JK:OLIV) 0.00% or 0.00 points to 7.00.

Declining stocks outnumbered rising ones by 670 to 67 and 93 ended unchanged on the Jakarta Stock Exchange.

In commodities trading, Crude oil for September delivery was down 1.01% or 0.74 to $72.78 a barrel. Meanwhile, Brent oil for delivery in October fell 0.96% or 0.74 to hit $76.07 a barrel, while the December Gold Futures contract fell 0.12% or 2.90 to trade at $2,466.90 a troy ounce.

USD/IDR was up 0.06% to 16,186.15, while AUD/IDR fell 0.73% to 10,451.44.

The US Dollar Index Futures was down 0.72% at 102.25.

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