Indonesia stocks lower at close of trade; IDX Composite Index down 1.75%

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 1.75% to hit a new 1-month low.

The best performers of the session on the IDX Composite Index were Indoritel Makmur Internasional (JK:DNET), which rose 3,520.00% or 8,800.00 points to trade at 9,050.00 at the close. Meanwhile, Satria Antaran Prima Tbk PT (JK:SAPX) added 1,256.00% or 3,140.00 points to end at 3,390.00 and Cita Mineral Investindo Tbk PT (JK:CITA) was up 1,145.00% or 2,290.00 points to 2,490.00 in late trade.

The worst performers of the session were Equity Development Investment (JK:GSMF), which fell 99.39% or 8,448.00 points to trade at 52.00 at the close. Lenox Pasifik Investama Tbk PT (JK:LPPS) declined 99.33% or 8,095.00 points to end at 55.00 and Matahari Putra Prima Tbk (JK:MPPA) was down 99.27% or 7,098.00 points to 52.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 533 to 170 and 141 ended unchanged.

Shares in Satria Antaran Prima Tbk PT (JK:SAPX) rose to all time highs; up 1,256.00% or 3,140.00 to 3,390.00.

Crude oil for November delivery was up 2.03% or 1.42 to $71.25 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 1.88% or 1.38 to hit $74.94 a barrel, while the December Gold Futures contract fell 0.62% or 16.60 to trade at $2,673.70 a troy ounce.

USD/IDR was up 0.07% to 15,271.00, while AUD/IDR rose 0.37% to 10,543.98.

The US Dollar Index Futures was down 0.02% at 100.92.