JAKARTA (TheInsiderStories) – The Jakarta Composite Index (JCI) closed up 0.40 percent or 25.68 points to 6,507.22 on Thursday (04/18) from the prior day which closed up 0.72 percent or 46, 39 points to 6,481.54.
Top Gainers
On Thursday, shares of PT Menteng Heritage Realty Tbk (IDX: HRME) posted the biggest price increase after surged 24.67 percent or 74 points to the level of Rp374 each. Followed by PT Satria Antaran Prima Tbk (IDX: SAPX) shares jumped 24.32 percent or 135 points to the level of Rp690 a piece.
Top Losers
Meanwhile, the shares of PT Toba Pulp Lestari Tbk (IDX: INRU) became the top loser after closed down 16.67 percent or 120 points to the level of Rp600 each. Second loser is PT Tempo Intimedia Tbk (IDX: TMPO) shares closed down 13.46 percent or 28 points to the level of Rp180 a piece.
PT Garuda Indonesia Tbk (IDX: GIAA)
State-owned flight carriers booked a profit $19.70 million in the first quarter of 2019 from the same period in the previous year which recorded a loss of $65.34 million. During the quarter, Garuda Indonesia recorded $924.9 million in revenue,  an 11.6 percent growth from the figure in same period last year.
PT Mandom Indonesia Tbk (IDX: TCID)
Issuers of personal care products will allocate capital expenditure around Rp200 billion (US$14.29 million) for this year to add new machines, develop information technology and to do regular maintenance.
PT Lippo Karawaci Tbk (IDX: LPKR)
Lippo Group’ unit targeting the process of adding capital through a rights issue to be completed before the end of second half of 2019.
The shareholders agreed the corporate action plan with a target of $730 million at the Annual General Meeting of Shareholders on Thursday.
PT Lippo Cikarang Tbk (IDX: LPCK)
Property developer eyes revenue from pre-sales or marketing sales to reach Rp1 trillion this year, the majority of which still comes from resident, commercial and industrial projects. LPCK manage “the controversial” Meikarta projects in Bekasi, East Java.
PT Multistrada Arah Sarana Tbk (IDX: MASA)
The tire producer recorded a loss of $17.9 million in 2018, widened 121.07 percent on an annual basis from the same period in 2017, the company only lost $8.1 million. As a result, for four consecutive years MASA has never made a profit.
Furthermore, Binaartha Technical Research indicated the potential for a reasonable correction in the JCI movement for Monday, April 22, 2019 so that it was at the level of 6,394-6,450.
As for a number of stock recommendations that can be considered by investors are PT Adaro Energy Tbk (IDX: ADRO), PT Delta Dunia Makmur Tbk (IDX: DOID), PT Indo Tambangraya Megah Tbk (IDX: ITMG), PT Medco Internasional Tbk ( IDX: MEDC), PT Semen Indonesia Tbk (IDX: SMGR), PT United Tractors Tbk (IDX: UNTR).

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