Indonesia stocks lower at close of trade; IDX Composite Index down 1.53%

Indonesia's stock market closed lower on Thursday, with the IDX Composite Index falling 1.53%. The decline was primarily due to losses in the Infrastructure, Financials, and Agriculture sectors. However, some stocks managed to rise, with Putra Rajawali Kencana PT (JK:PURA) leading the gains, up 34.21% to reach an all-time high of 51.00.

Bhineka Inovasi Ketahanan Energi Tbk PT (JK:BIKE) and Atlas Resources Tbk (JK:ARII) also saw significant increases, finishing at 1,850.00 and 452.00 respectively. Conversely, Graha Layar Prima Tbk (JK:BLTZ), Perintis Triniti Properti PT (JK:TRIN), and Semacom Integrated Tbk PT (JK:SEMA) were among the worst performers of the session, with declines of 3.61%, 13.67%, and 14.22% respectively.

The 546 stocks that fell outnumbered the 161 that rose, with 117 ending unchanged. Crude oil prices for November delivery saw a 3.89% increase, reaching $91.71 a barrel, while Brent oil for December delivery rose 4.07% to $104.28 a barrel. Gold Futures prices for December also increased by 0.35%, trading at $4,155.32 a troy ounce. The US Dollar Index Futures saw a 0.05% rise, settling at 102.06.