Indonesia stocks higher at close of trade; IDX Composite Index up 1.11%

Indonesia stocks higher at close of trade; IDX Composite Index up 1.11%.

Investing.com – Indonesia stocks were higher after the close on Friday, as gains in the , and sectors led shares higher.

At the close in Jakarta, the added 1.11%.

The best performers of the session on the were Kokoh Inti Arebama Tbk (JK:), which rose 23.08% or 54 points to trade at 288 at the close. Meanwhile, Delta Dunia Makmur Tbk (JK:) added 18.81% or 76 points to end at 480 and Resource Alam Indonesia Tbk (JK:) was up 16.78% or 240 points to 1670 in late trade.

The worst performers of the session were Magna Finance Tbk (JK:), which fell 10.00% or 8.00 points to trade at 72.00 at the close. Dua Putra Utama Makmur PT (JK:) declined 10.00% or 90 points to end at 810 and Radana Bhaskara Finance Tbk (JK:) was down 9.86% or 28 points to 256.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 155 to 113 and 101 ended unchanged.

Shares in Delta Dunia Makmur Tbk (JK:) rose to 3-years highs; gaining 18.81% or 76 to 480. Shares in Resource Alam Indonesia Tbk (JK:) rose to 52-week highs; rising 16.78% or 240 to 1670.

Crude oil for November delivery was up 1.19% or 0.60 to $51.04 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 0.85% or 0.44 to hit $52.47 a barrel, while the December Gold contract fell 0.31% or 3.95 to trade at $1253.65 a troy ounce.

USD/IDR was down 0.11% to 13045.0, while AUD/IDR rose 0.84% to 9974.95.

The US Dollar Index was up 0.28% at 97.80.

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