Jakarta (TheInsiderStories) – The Jakarta Composite Index (JCI) was closed up 1.31 percent to 6,339.26 from previous day which was closed up 1.08 percent to 6,257.33. For today, the composite index is estimated to move up slightly in level 6,300-6,400.

Top Gainers

Yesterday, PT Surya Fajar Capital Tbk (IDX: SFAN) became the top gainers after closed up significantly 69.15 percent to Rp318 per share. The new member of Indonesia Stock Exchange officially recorded its stock through initial public offering on June 19. PT Agung Podomoro Land (IDX: APLN) also became top gainers by closing up 25.13 percent to Rp234 each.

Top Losers

While, the top losers were PT Plaza Indonesia Realty Tbk (IDX: PLIN) and PT Global Teleshop Tbk (IDX: GLOB) by closing down 22.11 percent to Rp3,700 each and 19,38 percent to Rp258 per share respectively.

PT Danareksa

The state-owned financial company officially acquired 67 percent of PT Jalin Pembayaran Nusantara’ share, subsidiary of PT Telekomunikasi Indonesia Tbk (IDX: TLKM). The future financial holding bought the shares with total amount Rp390 billion (US$27.27 million)

PT Bayan Resources Tbk (IDX: BYAN)

The coal supplier distributed dividend of $300 million from net profit of 2018 which was $524.3 million. Company also plans to export coal to Bangladesh to generate power plant in that country.

PT Transcoal Pasific Tbk (IDX: TCPI)

The logistic and transporting company intends to build joint venture company by engaging foreign investor. In that joint venture company, TCPI will be responsible in transporting coal and nickel.

PT Waskita Beton Precast Tbk (IDX: WSBP)

The bond of the state-owned company was oversubscribed 2.18 times for its bond offering with worth of Rp500 billion.

PT Mas Murni Indonesia Tbk (IDX: MAMI)

The property company will conduct right issue by releasing 7.18 billion shares. The company hoped to raise fund of Rp718.65 billion.

Reliance Sekuritas recommended PT Tjiwi Kimia Tbk (IDX: TKIM), PT Indah Kiat Pulp & Paper Tbk (IDX:INKP), PT Bisi International Tbk (IDX:BISI), PT BFI Finance Tbk (IDX: BFIN), PT Perusahaan Gas Negara Tbk (IDX: PGAS).

Then, PT Adaro Energy Tbk (IDX: ADRO), PT Bukit Asam Tbk (IDX: PTBA), PT Vale Indonesia Tbk (IDX: INCO), PT Matahari Department Store Tbk (IDX: LPPF), PT Ramayana Lestari Tbk (IDX: RALS) and PT ESSA stocks be watched.

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