Indonesia stocks higher at close of trade; IDX Composite Index up 1.14%

Indonesia stocks were higher after the close on Thursday, as gains in the Infrastructure, Financials and Agriculture sectors led shares higher.

At the close in Jakarta, the IDX Composite Index rose 1.14%.

The best performers of the session on the IDX Composite Index were Asuransi Maximus Graha Persada Tbk PT (JK:ASMI), which rose 35.00% or 7.00 points to trade at 27.00 at the close. Meanwhile, Champ Resto Indonesia PT (JK:ENAK) added 34.81% or 47.00 points to end at 182.00 and Multi Garam Utama Tbk PT (JK:FOLK) was up 32.39% or 23.00 points to 94.00 in late trade.

The worst performers of the session were Garda Tujuh Buana Tbk (JK:GTBO), which fell 8.50% or 17.00 points to trade at 183.00 at the close. Alkindo Naratama Tbk (JK:ALDO) declined 6.96% or 110.00 points to end at 1,470.00 and Bekasi Asri Pemula Tbk (JK:BAPA) was down 6.90% or 8.00 points to 108.00.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 509 to 208 and 117 ended unchanged.

Crude oil for December delivery was up 2.86% or 2.78 to $99.93 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December rose 3.15% or 3.43 to hit $112.25 a barrel, while the December Gold Futures contract fell 1.05% or 43.78 to trade at $4,106.22 a troy ounce.

USD/IDR was up 0.39% to 18,054.90, while AUD/IDR rose 0.19% to 12,672.01.

The US Dollar Index Futures was down 0.26% at 101.34.