JAKARTA (TheInsiderStories) – The Jakarta Composite Index (JCI) closed down 1.14 percent to 6,198.8 from the previous day which closed down 0.43 percent at 6,270.2. For today, JCI is expected to stay at 6,180-6,260.

Top Gainers

On Thursday, the top gainers are PT Meta Epsi Tbk (IDX: MTPS) stock, which closed up 24.79 percent at Rp755 per share, followed by PT Ateliers Mecaniques D Indonesie Tbk (IDX: AMIN) which shot 21.21 percent at Rp480 each.

Top Losers

While, the top losers are PT Kioson Komersial Indonesia Tbk (IDX: KIOS) and PT Binakarya Jaya Abadi Tbk (IDX: BIKA) shares which closed down 23.70 percent at Rp515 a piece and 17.60 percent at Rp206 each, respectively.

PT Tower with Infrastructure Tbk (IDX: TBIG)

The telecommunication tower provider will issue bonds of Rp750 billion or US$52.81 million with interest rate of 8 percent. This one-year tenor bond is part of a whole offering of Rp7 trillion.

PT Adhi Karya Tbk (IDX: ADHI)

The state-owned construction company will distributed dividends worth of Rp128.8 billion or 20 percent from the 2018′ net profit Rp644.15 billion. The company also plans to hold an initial public offering for its subsidiary, PT Adhi Commuter Properti with target up to Rp2.5 trillion.

PT Waskita Karya Tbk (IDX: WIKA)

The  construction company decided to replace Wahyu Utama Putra who previously served as Director of Quality, Safety, Health & Environment with Gunadi. The company will share dividends of Rp990.71 billion or 25 percent of the net profit in 2018.

PT Erajaya Swasembada Tbk (IDX: ERAA)

The cellphone distributor are targeting to open 330 new stores by the end of the year with Rp5-7 million investment a store. Last year, the company opened 212 stores from the target of 250 stores.

PT Kimia Farma Tbk (IDX: KAEF)

The state-owned pharmaceutical company plan to issue bonds of Rp1.5 trillion in order to meet this year’s capital expenditure of Rp4.2 trillion.

For today, Reliance Sekuritas recommended PT Waskita Beton Precast Tbk (IDX: WSBP), PT Waskita Beton Tbk (IDX: WTON), PT Gudang Garam Tbk (IDX: GGRM), PT HM Sampoerna Tbk (IDX: HMSP), PT Bank Negara Indonesia Tbk (IDX: BBNI), PT Bank Danamon Indonesia Tbk (IDX:BDMN), PT Summarecon Agung Tbk (IDX: SMRA) and PT Matahari Department Store Tbk (IDX:LPPF) stocks to be watched.

May you have a profitable day!

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