Indonesia Stock Market Update

Indonesia stocks were higher after the close on Tuesday, with gains in the Financials, Agriculture, and Basic Industry sectors leading the charge.

At the close in Jakarta, the IDX Composite Index added 0.13%.

Best Performers

The best performers of the session on the IDX Composite Index included:
– Golden Flower Tbk PT (JK:POLU): Up 24.80% or 305.00 points to trade at 1,535.00.
– Jakarta Int Hotels & Dev (JK:JIHD): Up 24.74% or 235.00 points to end at 1,185.00.
– Geoprima Solusi Tbk PT (JK:GPSO): Up 24.62% or 64.00 points to reach 324.00 in late trade.

Worst Performers

The worst performers included:
– Express Transindo Utama Tbk (JK:TAXI): Down 20.00% or 1.00 points to close at 4.00.
– Fortune Indonesia Tbk (JK:FORU): Declined 19.07% or 1,225.00 points to end at 5,200.00.
– Pt Cipta Perdana Lancar Tbk (JK:PART): Down 18.63% or 19.00 points to finish at 83.00.

Market Overview

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange, with 370 declining, 251 advancing, and 210 unchanged.

Highlights

• Golden Flower Tbk PT (JK:POLU) rose to a 3-year high.
• Jakarta Int Hotels & Dev (JK:JIHD) reached a 5-year high.
• Geoprima Solusi Tbk PT (JK:GPSO) hit an all-time high.
• Pt Cipta Perdana Lancar Tbk (JK:PART) fell to an all-time low.

Commodities

Crude oil for December delivery was up 0.27% or 0.19 to $71.66 a barrel. Other commodities include:
– Brent oil for January: Up 0.23% or 0.17 to $75.25.
– December Gold Futures: Up 0.01% or 0.40 to trade at $2,746.60 a troy ounce.

Currency Exchange

• USD/IDR was down 0.10% to 15,757.30.
• AUD/IDR rose 0.38% to 10,425.98.
• US Dollar Index Futures was down 0.09% at 103.70.