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Indonesia stocks lower at close of trade; IDX Composite Index down 1.11%

by December 17, 2024
written by December 17, 2024

Investing.com – Indonesia stocks were lower after the close on Tuesday, as losses in the Financials, Infrastructure and Agriculture sectors led shares lower.

At the close in Jakarta, the IDX Composite Index lost 1.11%.

The best performers of the session on the IDX Composite Index were Multi Medika Internasional PT Tbk (JK:MMIX), which rose 34.15% or 28.00 points to trade at 110.00 at the close. Meanwhile, Golden Flower Tbk PT (JK:POLU) added 24.53% or 455.00 points to end at 2,310.00 and Lion Metal Works Tbk (JK:LION) was up 24.50% or 74.00 points to 376.00 in late trade.

The worst performers of the session were Trust Finance Indonesia Tbk (JK:TRUS), which fell 24.55% or 275.00 points to trade at 845.00 at the close. Sunter Lakeside Hotel Tbk PT (JK:SNLK) declined 24.00% or 180.00 points to end at 570.00 and Capitalinc Investment Tbk (JK:MTFN) was down 16.67% or 1.00 points to 5.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 468 to 162 and 197 ended unchanged.

Shares in Golden Flower Tbk PT (JK:POLU) rose to 3-years highs; gaining 24.53% or 455.00 to 2,310.00. Shares in Capitalinc Investment Tbk (JK:MTFN) fell to all time lows; falling 16.67% or 1.00 to 5.00.

Crude oil for January delivery was down 1.27% or 0.90 to $69.81 a barrel. Elsewhere in commodities trading, Brent oil for delivery in February fell 0.58% or 0.43 to hit $73.48 a barrel, while the February Gold Futures contract fell 0.20% or 5.21 to trade at $2,664.79 a troy ounce.

USD/IDR was up 0.64% to 16,097.10, while AUD/IDR rose 0.21% to 10,244.08.

The US Dollar Index Futures was up 0.18% at 106.75.

This post appeared first on investing.com
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