Photo by IDX

JAKARTA (TheInsiderStories) – The Jakarta Composite Index was closed up 0.44 percent to 6,401.79 on Friday (04/26) from prior day closed down 1.16 percent to 6,372.79.

Top Gainers

Share of PT Pool Advista Indonesia Tbk (IDX:POOL) posted the biggest gained by closing 21.05 percent to Rp2,990 a share. Then, PT Tifico Fiber Indonesia Tbk (IDX:TFCO) share closed up 19.23 percent to Rp620 each.

Top Losers

Otherwise, PT Multipolar Technology Tbk (IDX:MLPT) share booked the deepest declined, after closed down 23.33 percent to Rp920 a piece. Followed by PT Visi Telekomunikasi Infrastruktur Tbk (IDX:GOLD) share was dopped 22 percent to Rp390 a share.

PT Garuda Indonesia Tbk (IDX: GIAA)

Minister of State-Owned Enterprises Rini Soemarno said Garuda Indonesia’ financial reports had been approved by the Financial Service Authority. Although, two commissioners of Garuda Indonesia had refused the financial statements because there were irregularities in the achievement of profits.

PT HM Sampoerna Tbk (IDX: HMSP)

The cigarette maker recorded a net profit of Rp3.29 trillion (US$231.69 million) in the first quarter of 2019, an increase of 8.35 percent from Rp3.03 trillion in the previous period. This profit came from the company’ revenue, which grew 2.89 percent to Rp23.81 trillion.

PT Link Net Tbk (IDX: LINK)

The cable media provider units’ First Media Television and BIG TV budgeted a capital expenditure of Rp1.5 trillion for this year. Sourced of the funding from operating profit and loans from banks. Around 25 percent of the funds, will be used to increase the number of houses that are passed by the fiber internet network.

PT AKR Corporindo Tbk (IDX: AKRA)

The energy producer recorded a profit of Rp201.56 billion in the first quarter of 2019 or decreased 78.3 percent from Rp929 billion in the same period the previous year. This declined was in line with the company’ sales which fell 13.65 percent to Rp5.04 trillion.

PT Bali United

The national football club from Bali will seek funding at the Indonesia Stock Exchange by releasing 2 billion shares or 33.33 percent of the paid-up capital and placed by the company, through an initial public offering (IPO). The price offered from this IPO is Rp155-175 each.

For today, PT Indosurya Bersinar Sekuritas rates that JCI movement still shows a great potential to regain strength but also open a correction. As for today, the House rated the JCI will move at the level of 6,321-6,498.

The shares that can be monitored are PT Alam Sutera Realty Tbk (IDX: ASRI), PT Summarecon Agung Tbk (IDX: SMRA), PT Sri Rejeki Isman Tbk (IDX: SRIL), PT Pakuwon Jati Tbk (IDX: PWON), PT Telekomunikasi Indonesia Tbk (IDX: TLKM), PT HM Sampoerna Tbk (IDX: HMSP), PT Waskita Beton Precast Tbk (WSBP), PT Total Bangun Persada Tbk (IDX: TOTL) and PT Nippon Sari Corpindo Tbk (IDX: ROTI).

US$1: Rp14,200

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