Indonesia stocks lower at close of trade; IDX Composite Index down 3.35%

On Thursday, Indonesia's stocks experienced a decline as the Infrastructure, Financials, and Agriculture sectors faced losses. The IDX Composite Index closed 3.35% lower in Jakarta. Among the top gainers of the day were Alakasa Industrindo Tbk, which increased by 24.86% to reach 4,420.00, Yanaprima Hastapersada Tbk, which added 24.85% to 1,055.00, and Krida Jaringan Nusantara Tbk, which saw a 20.54% rise to 135.00.

Conversely, IDeA Indonesia Akademi Tbk experienced a 10% drop to 198.00, Pt Harta Djaya Karya Tbk fell by 9.90% to 91.00, and Estee Gold Feet PT Tbk declined 9.90% to 910.00. A total of 686 stocks closed lower, while only 77 rose, with 69 remaining unchanged. Oil prices saw slight declines, with December crude oil falling by 1.31% to $101.43 a barrel, while January Brent oil dropped by 1.00% to $110.52 per barrel.

Gold futures also experienced a minor loss, with December Gold Futures falling 0.23% to $4,042.27 per troy ounce. The USD/IDR exchange rate decreased slightly by 0.09% to 18,120.90, and AUD/IDR also saw a minor drop of 0.39% to 12,768.96. The US Dollar Index Futures ended the day up by 0.04% at 102.07.