Indonesian government raised ¥177 billion (US$1.62 billion) funds from six series of Samurai bond sales - Photo: ING

JAKARTA (TheInsiderStories) — The Jakarta Composite Index slightly fell by 0.36 percent to 6,250.26, on Friday (06/14), as there was Rp64.03 billion (US$4.48 million). Property sector slumped the deepest by 1.48 percent impacted by The Federal Reserves possibility to cut rate.

For today, the stocks market is predicted to continued weakening in a range of 6,162-6,279, according to Reliance Securities Head of Research Lanjar Nafi.

Top Gainers

PT Siwani Makmur Tbk (IDX: SIMA) became the top gainer by rocketing 34.9 percent to Rp112 a shares, on the last day of trade. PT Sentral Mitra Informatika Tbk (IDX: LUCK) and PT Steadfast Marine Tbk (IDX: KPAL) followed increasing by 25 percent to Rp1,427 each and 24.8 percent to Rp262 a piece, respectively.

Top Losers

PT Hotel Fitra International Tbk (IDX: FITT) fell by 20.7 percent to Rp230 a piece. Furthermore, PT Mitra Pinasthika Mustika (IDX: MPMX) continued decreasing by 18.3 percent to Rp890 each and PT Metropolitan Kentjana Tbk (IDX: MKPI) declined by 18.2 percent to Rp13,500 each.

PT Mayora Indah Tbk (IDX: MYOR)

Mayora Indah targeted 11.1 percent sales to Rp26.73 trillion with 9.7 percent net profit  to Rp1.93 trillion this year. During the first quarter, the consumer goods company recorded Rp6.01 trillion sales and Rp480 billion net profit.

PT Sawit Sumbermas Sarana Tbk (IDX: SSMS)

The agriculture company will do debt restructuring with its eight affiliated companies and convert claim right impacted by the restructuring. Sawit Sumbermas will ask shareholders agreement on meeting, June 25.

PT Lippo Karawaci Tbk (IDX: LPKR)

Lippo Karawaci will hold rights issue for 47.82 billion shares or 67.74 percent of its issued and paid capital. The rights issue price is tagged at Rp235 per share. So company would get Rp11.23 trillion for paying debt, paying company’ obligations, and increasing direct and indirect participation of subsidiaries.

PT Lippo Cikarang Tbk (IDX: LPCK)

Lippo Cikarang is going to give debt to Meikarta’s project developer, PT Mahkota Sentosa Utama for working capital, through rights issue. The property company will issue 1.98 billion shares at Rp1,495. So Lippo Cikarang aims getting Rp2.96 trillion funding from the rights issue.

PT Dewata Freightinternational Tbk (IDX: DEAL)

The logistics company expects getting Rp107.8 billion financing from rights issue. It will release 280 million or 20 percent of issued and paid capital. Dewata Freightinternational will execute the plan in the second semester.

As for today, Nafi’ recommendations are on infrastructure sector, PT Astra Agro Lestari Tbk (IDX: AALI), PT Salim Ivomas Tbk (IDX: SIMP), PT Ramayana Lestari Sentosa Tbk (IDX: RALS), PT Adhi Karya Tbk (IDX: ADHI), PT Bukit Asam Tbk (IDX: PTBA), and PT Aneka Tambang Tbk (IDX: ANTM) stocks.

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