Indonesia Market Update

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

At the close in Jakarta, the IDX Composite Index declined 0.33%.

Best Performers

The best performers of the session on the IDX Composite Index were:
– Krida Jaringan Nusantara Tbk PT (JK:KJEN): Rose 34.55% or 38.00 points to trade at 148.00 at the close.
– Lion Metal Works Tbk (JK:LION): Added 25.00% or 94.00 points to end at 470.00.
– Sekar Bumi Tbk (JK:SKBM): Up 25.00% or 135.00 points to 675.00 in late trade.

Worst Performers

The worst performers of the session were:
– Satria Antaran Prima Tbk PT (JK:SAPX): Fell 25.00% or 255.00 points to trade at 765.00.
– Golden Flower Tbk PT (JK:POLU): Declined 24.89% or 575.00 points to end at 1,735.00.
– Andira Agro Tbk PT (JK:ANDI): Down 14.29% or 1.00 points to 6.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 403 to 200, and 229 ended unchanged.

Shares in Krida Jaringan Nusantara Tbk PT (JK:KJEN) rose to 52-week highs, increasing 34.55% or 38.00 points to 148.00. Similarly, shares in Sekar Bumi Tbk (JK:SKBM) reached 5-year highs, rising 25.00% or 135.00 points to 675.00.

Commodities Update

• Crude oil for January delivery was down 0.04% or 0.03 to $70.05 a barrel.
• Brent oil for delivery in February rose 0.49% or 0.36 to $73.55 a barrel.
• February Gold Futures contract rose 0.03% or 0.70 to trade at $2,662.70 a troy ounce.

Currency Update

• USD/IDR: Up 0.29% to 16,106.00.
• AUD/IDR: Fell 0.08% to 10,163.51.
• The US Dollar Index Futures were up 0.01% at 106.68.