Summary: The IDX Composite closed down 3.41% in Jakarta, pressured by losses in Infrastructure, Financials and Agriculture. Decliners outpaced advancers by a wide margin. Commodity markets saw lower crude and Brent oil prices while gold futures fell. The rupiah strengthened versus the dollar and the Australian dollar and U.S. Dollar Index Futures ticked higher.
Market close
Indonesia stocks finished lower after the close on Wednesday as broad weakness in the Infrastructure, Financials and Agriculture sectors weighed on the benchmark. At the close in Jakarta, the IDX Composite Index lost 3.41%.
Top gainers
- Pratama Widya Tbk Pt (JK:PTPW) - up 24.79% or 300.00 points to 1,510.00 at the close.
- Cipta Sarana Medika Tbk PT (JK:DKHH) - up 23.21% or 13.00 points to end at 69.00.
- Bintang Oto Global Tbk PT (JK:BOGA) - up 16.84% or 240.00 points to 1,665.00 in late trade.
Pratama Widya Tbk Pt's share price rose to a five-year high, finishing the session at 1,510.00 after the 24.79% gain.
Largest decliners
- Arkora Hydro Tbk PtT (JK:ARKO) - down 14.86% or 810.00 points to trade at 4,640.00 at the close.
- PT Citra Buana Prasida Tbk (JK:CBPE) - down 14.65% or 46.00 points to end at 268.00.
- Energi Mega Persada Tbk (JK:ENRG) - down 14.44% or 195.00 points to 1,155.00.
On the Jakarta Stock Exchange, declining issues outnumbered advancing ones by 651 to 93, with 108 stocks ending unchanged.
Commodities and currencies
Crude oil for August delivery fell 2.01% or $1.47 to $71.74 a barrel. Brent oil for September delivery dropped 1.87% or $1.44 to $75.36 a barrel. In metals, the August Gold Futures contract declined 1.16% or $48.18 to trade at $4,101.22 a troy ounce.
On the currency front, USD/IDR was up 0.69% at 17,964.00, while AUD/IDR rose 0.29% to 12,367.22. The U.S. Dollar Index Futures was higher by 0.16% at 101.33.
Additional note
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