IDX Office at Central Jakarta

JAKARTA (TheInsiderStories) – The Jakarta Composite Index on Wednesday (04/10) was closed down 0.09 percent at 6,478.33 from prior day, which was able to strengthen 0.91 percent in level of 6,484.35. Several companies also posted a decline in share prices, but several others were still able to book a boost followed by several corporate actions.

Top Gainers

PT Meta Epsi Tbk (IDX: MTPS) shares posted a biggest increased on Wednesday, surging 50 percent at Rp480 per share. The next strongest position is PT Armada Berjaya Trans Tbk (IDX: JAYA) shares, rose 34.86 percent to Rp147 a share.

Top Losers

Yesterday, shares of PT Sunson Textile Manufacture Tbk (IDX: SSTM) posted the deepest price decline after closing down 17.84 percent at Rp304 each. Followed by PT Reliance Securities Indonesia Tbk (IDX: RELI) shares, which down 16.67 percent at the level of Rp 200 per share.

PT PP Presisi Tbk (IDX: PPRE)

PP Presisi has pocketed a new contract value of Rp1.6 trillion (US$113.48 million). This value represents 28 percent of the company’ contract acquisition target so far this year around Rp6 trillion. The contracts mostly came from the infrastructure projects.

PT Semen Indonesia Tbk (IDX: SMGR)

The state-owned cement producer to issue local bond Rp5 trillion in the first semester. The company has appointed five companies as underwriters of the debt securities issuance, which is likely to be offered in mid-May.

PT Acset Indonusa Tbk (IDX: ACST)

The construction company under Astra Group shared a dividend of Rp3.5 billion, equivalent to 20 percent of the company’ total net profit in 2018 of Rp18.3 billion.

PT Bumi Resources Tbk (IDX: BUMI)

The coal mining issuer again repaid the debt which is the fifth payment to the company’s creditors. The value of debt paid by BUMI this time was $19.85 million through facility agents on April 9, 2019. This amount represents a principal loan of $11.11 million and interest of $8.74 million for Tranche A.

PT Bank Rakyat Indonesia Tbk (IDX: BBRI)

One of the largest bank in the country plans to issue Rupiah bonds in the second semester of this year with indicative values of Rp6 trillion.

Today, Reliance Sekuritas predicts JCI move will under pressure at the level of 6,420-6,500. The shares that can still be monitored are PT Tjiwi Kimia Tbk (IDX:TKIM), PT Indofood Sukses Makmur Tbk (IDX:INDF), PT Gudang Garam Tbk (IDX:GGRM), PT Indofood CBP Sukses Makmur Tbk (IDX:ICBP), PT Bank Tabungan Negara (Persero) Tbk (IDX:BBTN) PT Adaro Energy Tbk (IDX:ADRO), PT Indo Tambangraya Tbk (IDX:ITMG), PT Medco Energi Internasional Tbk (IDX:MEDC) dan PT Mitra Adiperkasa Tbk (IDX:MAPI).

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