Indonesia stocks lower at close of trade; IDX Composite Index down 1.19%

Indonesia's stocks declined at the close of trade on Thursday, with the IDX Composite Index falling 1.19%. The Infrastructure, Financials, and Agriculture sectors were responsible for the losses. Among the best-performing stocks was Equity Development Investment, which increased by 34.78% to reach 124.00, while Magna Finance Tbk and MNC Tourism Indonesia Pt Tbk also saw gains of 34.65% and 25.76% respectively.

The worst performers were Pool Advista Finance Tbk PT, Ever Shine Textile Industry, and Planet Properindo Jaya Pt, each dropping by 11.11%, 10.05%, and 10.00% respectively. The Jakarta Stock Exchange saw more falling stocks than advancing ones, with 530 stocks losing value compared to 160 that gained. In commodities trading, crude oil for October delivery rose 0.60% to $96.63 a barrel, while Brent oil for November delivery increased by 0.49% to $101.71 a barrel.

Gold Futures for December fell by 0.28% to $4,448.25 per troy ounce, and the USD/IDR exchange rate went up by 0.33% to 17,542.90. The US Dollar Index Futures also declined by 0.05% at 98.76.