Indonesia’s stock market closed higher on Monday, with the IDX Composite Index gaining 0.99% as infrastructure, financial and agriculture shares advanced.
PT Dafam Property Indonesia Tbk was the strongest performer on the index, rising 33.93%, or 19 points, to 75. Mitra Komunikasi Nusantara Tbk climbed 27.27%, or 3 points, to 14, while Rockfields Property Indonesia rose 24.73%, or 450 points, to 2,270.
Lupromax Pelumas Indonesia Tbk was the session’s weakest stock, falling 9.33%, or 7 points, to 68. Pt Multisarana Intan Eduka Tbk declined 9.09%, or 7 points, to 70, and Manggung Polahraya fell 5.56%, or 2 points, to 34.
Advancing stocks outnumbered decliners on the Jakarta Stock Exchange by 359 to 343, while 131 shares finished unchanged. Lupromax Pelumas Indonesia reached a 52-week low, whereas Mitra Komunikasi Nusantara climbed to a three-year high.
In commodities, December crude oil fell 3.87% to $100.09 a barrel, while January Brent crude declined 3.66% to $109.28. December gold futures edged up 0.17% to $3,905.65 per troy ounce.
The US dollar rose 0.23% against the Indonesian rupiah to 18,137.70, while the Australian dollar gained 0.05% to 12,745.05. US Dollar Index futures fell 0.25% to 101.49.
Sources: Investing.com News.