JAKARTA (TheInsiderStories) – The Jakarta Composite Index (JCI) closed down 1.19 percent to 6,135.40 from the prior day, which rose 0.26 percent to 6,225.39. For today, the index is estimated lowering to the level of 6,066-6,101.

Top Gainers

On Monday, the top gainers were PT Satria Mega Kencana Tbk (IDX: SOTS) stock which closed up 34.05 percent at the level of Rp248 per share and PT Victoria Insurance Tbk (IDX: VINS) share which shot 26.73 percent to the level of Rp128 a piece.

Top Losers

Meanwhile, the top losers were PT Duta Pertiwi Tbk (IDX: DUTI) stock, which closed down 19.93 percent to Rp5,725 per share, followed by PT Duta Pertiwi Tbk (IDX: SKBM) share which ended down 16.67 percent to the level Rp400 each.

PT Bank Negara Indonesia Tbk (IDX: BBNI)

State-owned banks distribute dividends of Rp3.75 trillion (US$262.24 million) to the shareholders. This value represents 25 percent of the total net income in 2018 worth of Rp15.02 trillion.

PT Telekomunikasi Seluler

The subsidiary of PT Telekomunikasi Indonesia Tbk (IDX: TLKM) disbursed $40 million to finance startup companies that are in the early stages. The state-owned operator aimed to boost another revenues from digital businesses followed the rapid growth of this sector.

PT Arkadia Digital Media Tbk (IDX: DIGI)

Media issuers will add capital through a private placement by releasing 20.50 million new shares, or equivalent to 6.31 percent of the company’ issued and paid-up capital. No further information of the detail transaction.

PT Indosat Tbk (IDX: ISAT)

The telecommunications company recorded a loss of Rp292.51 billion in the first quarter of 2019, or decreased from the loss of the first quarter of 2018, which was Rp405.2 billion. This means that the company has recorded a loss for five consecutive quarters.

PT Chandra Asri Petrochemical Tbk (IDX: TPIA)

The petrochemical companies distribute dividends worth of $54.5 million to shareholders and also plan to issue  bonds with a value of Rp500 billion РRp750 billion to complete the construction of the plant.

For today, Binaartha Sekuritas recommended PT Astra Otopart Tbk (IDX: AUTO), PT Indomobil Sukses Internasional Tbk (IDX: IMAS), PT Indofood Sukses Makmur Tbk (INDF), PT PP Properti Tbk (IDX:PPRO), PT United Tractors Tbk (IDX:UNTR) and PT Waskita Beton Precast Tbk (IDX: WSBP) 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