June 12 2024: Indonesian stocks declined on Wednesday, with the IDX Composite Index falling 0.33% to reach a six-month low. The decline was driven by losses in the Financials, Agriculture, and Basic Industry sectors.
At the close of trading in Jakarta, MD Pictures Tbk PT (JK
) dipped 0.24% or 10 points to 4,210.00. On the other hand, Indoritel Makmur Internasional (JK
) surged 1,796% or 4,490 points to 4,740.00, and Super Energy Tbk PT (JK
) soared 1,532.26% or 2,375 points to 2,530.00 in late trade.
The session’s worst performers included Totalindo Eka Persada Tbk PT (JK
), which plummeted 99.68% or 309 points to 1.00. Visi Media Asia Tbk (JK
) dropped 98% or 294 points to 6.00, and Polychem Indonesia Tbk (JK
) fell 97.46% or 4,142 points to 108.00.
On the Jakarta Stock Exchange, 508 stocks declined, 149 advanced, and 166 remained unchanged.
Totalindo Eka Persada Tbk PT (JK
) hit an all-time low, falling 99.68% or 309 points to 1.00, while Super Energy Tbk PT (JK
) reached a three-year high, rising 1,532.26% or 2,375 points to 2,530.00.
In commodities trading, crude oil for July delivery increased by 0.92% or $0.72 to $78.62 a barrel. Brent oil for August delivery rose 0.76% or $0.62 to $82.54 a barrel, while August Gold Futures edged up 0.13% or $3.05 to $2,329.65 per troy ounce. The USD/IDR pair decreased by 0.01% to 16,302.30, and the AUD/IDR pair increased by 0.12% to 10,783.94.
The US Dollar Index Futures fell 0.39% to 104.79.
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