JAKARTA (TheInsiderStories) – The Jakarta Composite Index (JCI) closed down 1.42 percent to 5,895.74 from previous day which weakening 1.42 percent to 5,969.86. For today, the composite index is estimated lowering atthe range 5,811-5,853, said PT Binaartha Sekuritas.

Top Gainers

The top gainers on yesterday’ trading were PT Jasnita Telekomindo Tbk (IDX: JAST) stock which increase 49.59 percent to Rp368 per share and PT Alfa Energi Investama Tbk (FIRE) share which shot 19.85 percent to Rp11,775 a piece.

Top Losers

While, the top losers were PT Bliss Properti Indonesia Tbk (IDX: POSA) share after closed down 24.80 percent to Rp370 each, followed by PT ABM Investasi Tbk (IDX: ABMM) stock which ended down 24.40 percent to Rp1,425 per share.

PT Bakrie & Brothers Tbk (IDX: BNBR)

The Subsidiary from Bakrie Group appointede Anindya Novyan Bakrie as the new president director, replacing Bobby Gafur Umar, who held the position since 2002. The company is also preparing for its subsidiary, PT Bakrie Industries’ initial public offering (IPO) in the first quarter of 2020.

PT Semen Baturaja Tbk (IDX: SMBR)

Cement companies recorded sales volume up 24 percent during 2018 and led to revenue which increased 29 percent at Rp1.99 trillion from revenue of Rp1.55 trillion in 2017.

PT Harum Energy Tbk (IDX: HRUM)

The energy company eyes the coal production rise from 4 million tons (MT) in 2018 to 5 (MT) in this year. The production will come from PT Mahakam Sumber Jaya of 3.5 MT of coal, PT Santan Batubara 750,000 tons to 1 million tons and Karya Usaha Pertiwi 250,000-500,000 tons of coal.

PT Surya Citra Media Tbk (IDX: SCMA)

The media issuer targeting the revenue grow 8 percent this year after experienced increased 8.1 percent in 2018 worth of Rp1.15 trillion (US$79.86 million) in the first quarter of 2019. In addition, the company also targeted net profit rise 10 percent after up 9.5 percent to Rp394.09 billion in the first quarter.

For today, Binaartha Sekuritas recommends PT Bank Negara Indonesia Tbk (IDX: BBNI), PT Bank Mandiri Tbk (IDX: BMRI), PT Gudang Garam Tbk (IDX:GGRM), PT Telekomunikasi Indonesia Tbk (IDX: TLKM), PT United Tractors Tbk (IDX: UNTR) and PT Unilever Indonesia (IDX: UNVR) stocks to be watched.

US$1: Rp14,400

May you have a profitable day!

Written by Linda Silaen and TIS Intelligence Team, Please Read Our Insight to Get More information about Indonesia