Indonesia stocks higher at close of trade; IDX Composite Index up 1.02%

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An employee walks in front of an electronic board at the Indonesia Stock Exchange (IDX) in Jakarta, Indonesia August 22, 2016. REUTERS/Iqro Rinaldi

Investing.com – Indonesia stocks were higher after the close on Wednesday, as gains in the Infrastructure, Property and Basic Industry sectors led shares higher.

At the close in Jakarta, the IDX Composite Index rose 1.02% to hit a new 6-months high.

The best performers of the session on the IDX Composite Index were Smartfren Telecom Tbk (JK:FREN), which rose 33.33% or 47 points to trade at 188 at the close. Meanwhile, Rig Tenders Tbk (JK:RIGS) added 24.53% or 78 points to end at 396 and Wismilak Inti Makmur Tbk (JK:WIIM) was up 24.49% or 72 points to 366 in late trade.

The worst performers of the session were Onix Capital Tbk (JK:OCAP), which fell 34.12% or 58 points to trade at 112 at the close. Marga Abhinaya Abadi Tbk PT (JK:MABA) declined 24.73% or 23 points to end at 70 and Arthavest Tbk (JK:ARTA) was down 15.72% or 180 points to 965.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 259 to 175 and 120 ended unchanged.

Shares in Smartfren Telecom Tbk (JK:FREN) rose to 5-year highs; rising 33.33% or 47 to 188. Shares in Onix Capital Tbk (JK:OCAP) fell to all time lows; falling 34.12% or 58 to 112. Shares in Marga Abhinaya Abadi Tbk PT (JK:MABA) fell to all time lows; falling 24.73% or 23 to 70. Shares in Wismilak Inti Makmur Tbk (JK:WIIM) rose to 52-week highs; rising 24.49% or 72 to 366.

Crude oil for March delivery was down 1.42% or 0.76 to $52.90 a barrel. Elsewhere in commodities trading, Brent oil for delivery in April fell 1.37% or 0.85 to hit $61.13 a barrel, while the April Gold Futures contract fell 0.09% or 1.25 to trade at $1317.95 a troy ounce.

USD/IDR was down 0.20% to 13922.0, while AUD/IDR fell 1.59% to 9931.26.

The US Dollar Index Futures was up 0.09% at 95.903.