Jakarta (TheInsiderStories) – On Friday (07/05), the Jakarta Composite Index closed up 0.21 percent to 6,375.97 from previous day which was down 0.04 percent to 6,373.48. For today, the composite index is estimated in the range of 6,386-6,398.
End of last week, the top gainers were PT Bima Sakti Pertiwi Tbk (IDX: PAMG) and PT Trikomsel Oke Tbk (IDX: TRIO) which were closed up 70 percent to Rp170 per share and 34.33 percent to Rp90 a piece, respectively.
The top losers were PT Onix Capital Tbk (IDX: OCAP) which was closed down 24.67 percent to Rp565 each, followed by PT Golden Flower Tbk (IDX: POLU) which was closed down 18.35 percent to Rp1,335 a share.
PT Pelayaran Tempuran Emas Tbk (IDX: TMAS)
The company will split it shares with a ratio of 1:5, from Rp125 to Rp25 per share. Meanwhile, the number of shares will increase to 5.7 billion shares from originally 1.14 billion shares .
PT Trada Alam Minera Tbk (IDX: TRAM)
The company received permission from its stakeholders to rise the capital through rights issue program. The targets to raise funds Rp10 trillion (US$7.02 billion) and will use for building mining infrastructure.
PT Indofood Sukses Makmur Tbk (IDX: INDF)
The consumer products producer added an ownership in its unit Singapore-based Indofood Agri Resources Ltd., (IFAR) to Rp217.58 billion within a week.
PT Kawasan Industri Jababeka Tbk (IDX: KIJA)
The property developer offered a buyback program to the bondholders with price 101 percent of original value of $300 million plus rate. The reason cause of shareholders changing in the company.
PT Jaya Sukses Makmur Sentosa Tbk (IDX: RISE)
The company to handle Aegis Avenue at Tanrise City Jember and Kyo Society Surabaya Apartment in East Java this year. RISE allocated Rp300 billion to build those projects.
PT Kino Indonesia Tbk (IDX: KINO)
The consumer goods producer want to increase the portion of sales abroad up to 10 percent this year. KINO considers the export market has a lucrative business potential for the long term. The seriousness has been seen since 2013 by establishing Kino International Pte. Ltd., in Singapore. Through the subsidiary, presented four indirect subsidiaries in the Southeast Asian region.
PT Ciputra Residence collaborated with Toyota Housing Indonesia, a subsidiary of Japan’ Toyota Home Corp., to develop a premium residential area of Bali Dwipa in CitraRaya Cikupa, Tangerang, Banten. The collaboration of these two large companies applied technology in the construction of their houses with the advantages of earthquake resistance, wall structures that also functioned as heat insulation and leakage prevention systems.
For today, Artha Sekuritas recommended PT Gudang Garam Tbk (IDX: GGRM), PT Aneka Tambang Tbk (IDX: ANTM) and PT Medco Energi International Tbk (IDX: MEDC) 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