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Indonesia stocks higher at close of trade; IDX Composite Index up 1.17%

by October 17, 2024
written by October 17, 2024

Investing.com – Indonesia stocks were higher after the close on Thursday, as gains in the Financials, Agriculture and Basic Industry sectors led shares higher.

At the close in Jakarta, the IDX Composite Index added 1.17%.

The best performers of the session on the IDX Composite Index were Bank Dinar Indonesia Tbk (JK:DNAR), which rose 34.68% or 43.00 points to trade at 167.00 at the close. Meanwhile, Nusantara Almazia (JK:NZIA) added 31.08% or 23.00 points to end at 97.00 and Equity Development Investment (JK:GSMF) was up 25.00% or 13.00 points to 65.00 in late trade.

The worst performers of the session were Bumi Teknokultura Unggul Tbk (JK:BTEK), which fell 25.00% or 1.00 points to trade at 3.00 at the close. Berkah Beton Sadaya Tbk PT (JK:BEBS) declined 16.67% or 1.00 points to end at 5.00 and Modern Internasional Tbk (JK:MDRN) was down 12.50% or 1.00 points to 7.00.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 343 to 266 and 229 ended unchanged.

Shares in Bank Dinar Indonesia Tbk (JK:DNAR) rose to 52-week highs; rising 34.68% or 43.00 to 167.00.

Crude oil for November delivery was up 0.34% or 0.24 to $70.63 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.34% or 0.25 to hit $74.47 a barrel, while the December Gold Futures contract rose 0.28% or 7.60 to trade at $2,698.90 a troy ounce.

USD/IDR was down 0.36% to 15,514.90, while AUD/IDR fell 0.16% to 10,363.10.

The US Dollar Index Futures was up 0.04% at 103.44.

This post appeared first on investing.com
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