Stock Market
Friday, January 11, 2019 - 10:15
Top Level Title: 
Indonesia stocks higher at close of trade; IDX Composite Index up 0.52% – Indonesia stocks were higher after the close on Friday, as gains in the Basic Industry, Miscellaneous Industry and Infrastructure sectors led shares higher.

At the close in Jakarta, the IDX Composite Index added 0.52% to hit a new 6-months high.

The best performers of the session on the IDX Composite Index were Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk PT (JK:JMAS), which rose 23.63% or 215 points to trade at 1125 at the close. Meanwhile, Sentra Food Indonesia Tbk PT (JK:FOOD) added 15.25% or 54 points to end at 408 and Logindo Samudramakmur Tbk (JK:LEAD) was up 14.29% or 9 points to 72 in late trade.

The worst performers of the session were Bayu Buana Tbk (JK:BAYU), which fell 25.00% or 625 points to trade at 1875 at the close. Reliance Securities Tbk (JK:RELI) declined 22.08% or 68 points to end at 240 and Multipolar Technology Tbk (JK:MLPT) was down 20.88% or 190 points to 720.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 258 to 155 and 140 ended unchanged.

Shares in Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk PT (JK:JMAS) rose to all time highs; rising 23.63% or 215 to 1125. Shares in Sentra Food Indonesia Tbk PT (JK:FOOD) rose to all time highs; up 15.25% or 54 to 408.

Crude oil for February delivery was up 0.84% or 0.44 to $53.03 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 0.65% or 0.40 to hit $62.08 a barrel, while the February Gold Futures contract rose 0.42% or 5.45 to trade at $1292.85 a troy ounce.

USD/IDR was down 0.04% to 14045.0, while AUD/IDR rose 0.52% to 10147.51.

The US Dollar Index Futures was down 0.19% at 94.935.

© Reuters.