Indonesia stocks higher at close of trade; IDX Composite Index up 0.62%

Indonesian stocks climbed higher at the day's close on Monday, buoyed by positive movements in the Infrastructure, Financials, and Agriculture sectors. The IDX Composite Index ended the trading session up 0.62%. Among the top gainers, Anugerah Kagum Karya Utama Tbk PT (JK:AKKU) led the charge, soaring 35% or 14 points to close at 54.00.

Kusuma Kemindo Sentosa PT (JK:KKES) and Paperocks Indonesia Tbk PT (JK:PPRI) also saw impressive gains, surging 34.62% to 70.00 and 31.88% to 182.00, respectively. Conversely, Inter-Delta Tbk (JK:INTD), Sona Topas Tourism Industry (JK:SONA), and Fortune Indonesia Tbk (JK:FORU) were the biggest losers, falling 14.95%, 14.89%, and 14.72% respectively.

In total, 488 stocks rose while 220 fell, with 124 remaining unchanged. Anugerah Kagum Karya Utama Tbk PT (JK:AKKU) reached a 5-year high, trading at 54.00, up 35%. Crude oil for November delivery slipped by 1.24% or 1.13 to $89.98 per barrel. Brent oil for December delivery decreased by 0.75% or 0.77 to $101.48, while the December Gold Futures contract climbed by 0.77% or 32.25 to $4,194.55 per troy ounce.

Meanwhile, the Indonesian currency, USD/IDR, appreciated by 0.38% to 17,892.80, and AUD/IDR rose by 0.27% to 12,461.09. The US Dollar Index Futures also increased by 0.23% to 101.95.