Jakarta (TheInsiderStories) – The Jakarta Composite Index closed down 0.16 percent to 6,310.49 from previous day which was closed up 0.51 percent to 6,320.44. For today, the PT Indosurya Sekuritas sees the composite index move between 6,257 – 6,488.
On Wednesday, the top gainers were PT Golden Flower Tbk (IDX: POLU) and PT Malacca Trust Wuwungan Insurance Tbk (IDX: MTWI) which increase 50 percent to Rp288 per share and 34.15 percent to Rp110 each, respectively.
Meanwhile, the top losers were PT Onix Capital Tbk (IDX: OCAP) which decrease 15.87 percent to Rp1,750 a piece and PT Perdana Bangun Pusaka Tbk (IDX: KONI) which decrease 14.73 percent to Rp382 per share.
PT PP Tbk (IDX: PTPP)
The state-owned property company received new contracts of Rp11.4 trillion (US$802.82 million) during January to May. This year, PTPP targeting to get new contracts around Rp50.3 trillion, increase by 16.97 percent from previous year.
PT Ciputra Development Tbk (IDX: CTRA)
The Ciputra Group’ company planned to issue real estate investment trust (REIT) of Rp6 trillion to develop new projects in Indonesia. To date, the company still monitoring the market condition to conduct the plan.
PT Pan Brothers Tbk (IDX: PBRX)
The garment producer distributed dividend of US$925.710 to its shareholders. This dividend is 4.98 percent of last year’ net profit of $18.29 million.
PT Samindo Resources Tbk (IDX: MYOH)
The power producer is in process to win the 50 megawatt solar power plant in Bali. The company needs $50 million to complete the project.
PT Indofood Sukses Makmur Tbk (IDX: INDF)
The food and beverage company aborted the offering of its Singapore’ Indofood Agri Resources (IFAR). It is because of the company could not fill the requirement by Singapore Stock Exchange.
Indonesia Stock Exchange (IDX)
The regulator targeting the stock investor numbers will reach more than one million in this year. As May 2019, the investor numbers recorded 952,000 peoples.
For today, Indosurya Sekuritas recommended PT Kalbe Farma Tbk (IDX: KLBF), PT Nippon Sari Corpindo Tbk (IDX: ROTI), PT Mayora Indah Tbk (IDX: MYOR), PT Pembangunan Perumagan Tbk (IDX: PTPP), PT HM Sampoerna Tbk (IDX: HMSP), PT Telekomunikasi Indonesia Tbk (IDX: TLKM), PT Summarecon Agung Tbk (IDX: SMRA), PT Jasa Marga Tbk (IDX:JSMR), and PT Yelooo Integra Datanet Tbk (IDX: YELO) 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