Jakarta (TheInsiderStories) – The Jakarta Composite Index (JCI) was closed down 0.06 percent to 6,335.7 from previous trading which was closed up 1.31 percent to 6,339.26. For today, JCI is estimated to be slightly closed down to 6,288-6,312.

Top Gainers

Yesterday, the top gainers were PT Renuka Coalindo Tbk (IDX: SQMI) and PT Meta Epsi Tbk (IDX: MTPS) which was closed up 34.39 percent to Rp254 a share and 24.75 percent to Rp1,260 a piece, respectively.

Top Losers

While, top losers were PT Indo Kordsa Tbk (IDX: BRAM) which decrease 20 percent to Rp10,000 each. Following this, PT Charnic Capital Tbk (IDX: NICK) also became top losers after closed down 16.06 percent to Rp230 per share.

PT Malindo Feedmil Tbk (IDX: MAIN)

The consumer good company plans to add new products and expand to Myanmar as the way to pursue company’ target. The company targets this year’ revenues and profit to increase by 15 percent compared to 2018 which amounted to Rp6.7 trillion (US$468.53 million) to Rp7.705 trillion. While, the net income to Rp327.5 billion from prior year Rp284.79 billion.

PT Garuda Indonesia Tbk (IDX: GIAA)

Financial Service Authority (FSA) will announce the decision of finance statement dispute of Garuda Indonesia in the end of this month. The capital market regulator will also mention about the sanctions to state-owned flight carrier.

PT Lippo Karawaci Tbk (IDX: LPKR)

The property company has received the permitted letter from the FSA for the company’ rights issue program. Its expected the company will receive Rp11 trillion of fund before the end of June 2019.

PT HK Realtindo

The unit of state-owned construction firm PT Hutama Karya will issue SUKUK as much as Rp700 billion in the coming months. The return of SUKUK will be decided with floating system.

PT Sinar Mas Multiartha Tbk (IDX: SMMA)

The company’ subsidiary, PT Asuransi Jiwa Sinarmas MSIG will release shares through initial public offering and hopes to raise fund of Rp5.08 trillion in this year. There is no new shares in this action because the shares that release to public are Sinar Mas Multiartha’ belonging or around 420 million of shares.

For today, Binaartha Sekuritas recommends PT Bank CIMB Niaga Tbk (IDX: BNGA), PT Indo Tambangraya Megah Tbk (IDX: ITMG), PT Lippo Cikarang Tbk (IDX: LPCK), PT Sillo Maritime Perdana Tbk (IDX: SHIP), PT Tower Bersama Tbk (IDX: TOWR) and PT Wijaya Karya Tbk (IDX: WIKA) stocks to be watched.

US$1: Rp14,300

May you have a profitable day!

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