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Indonesia Market Today 30 October 2018

  • Regular
  • Asian Market
  • 2 weeks ago
  • 22

A. Indonesia Morning Market Review
Tuesday (30/10/2018). A combination of worries about the Trade War, expected FFR rise in the middle of DJIA's fall of -1%, EIDO -2.12%, Nickel -1.16%, Tin -0.82%, Oil -1.37% and Gold -0.34% being the JCI factor for predicted sale pressure on today.


B. Indonesia Corporate News
1. PT Adhi Karya (ADHI)
The company scored IDR 9.43 trillion in revenue. This amount rose from Rp8.71 trillion in the same period last year. The Company recorded a profit attributable to owners of the parent company of Rp335.53 billion, up 63.62% from the same period last year of Rp205.07 billion. Meanwhile, Adhi Karya has posted a new contract of IDR 11.4 trillion as of September 2018. It was recorded that there was a 34.2% growth from the August 2018 period.

2. PT Wika Beton (WTON)
The Company scored profits that could be distributed to owners of the parent company amounting to Rp279.80 billion as of September 30, 2018, up 26.9% compared to the profit of Rp220.48 billion in the same period of the previous year. Operating income rose to IDR4.10 trillion from IDR3.42 trillion and gross profit increased to IDR544.10 billion from gross profit of IDR433.33 billion a year earlier.

3. PT Bayan Resources (BYAN)
The company scored net profit of US $ 388.05 million as of September 2018, surging 80.12% year-on-year (yoy) from the previous US $ 215.43 million. The company's revenue reached US $ 1.24 billion. This value rose 73.12% yoy from the previous amount of US $ 717.62 million.

4. PT Astra Agro Lestari (AALI)
The company as of September 2018 posted a net income of Rp. 13.76 trillion. This value increased 10.16% yoy from the previous Rp 12.49 trillion. However, the company's gross profit increased to Rp.11.12 trillion from the previous Rp9.59 trillion. AALI's gross profit per quarter III / 2018 also dropped to IDR2.64 trillion from the position as of September 2017 of IDR2.9 trillion. The company's net profit per September 2018 reached Rp1.12 trillion. This value decreased by 18.26% yoy from the third quarter of 2017 amounting to Rp1.37 trillion.


C. Market Statistics
DJIA -245.4 -1% 24442
NASDAQ -116.9 -1.63% 5754
GOLD -4.2 -0.34% 1231.2
OIL -0.93 -1.37% 66.69
COAL (Nov / Newcastle) -2.2 -2% 108.45
COAL (Nov / Rotterdam) -0.75 -0.75% 99.25
NICKEL -137.5 -1.16% 11740
TIN -157.5 -0.93% 19115
CPO (Oct) +42 + 1.96% 2189
EIDO -0.46 -2.12% 21.24
US 10yr + 0.01 + 0.32 %% 3,087
INDO 10yr -0.0003 -0.003% 8.7831
INDO CDS -0.195 -0.12% 158.525
TLK 47.3 (3600)
IDR (Spot) 15222
IDR (Investing.com, 30/10/18 / Fut, 04.55) 15302

IDX Range. : 5,693 - 5,782
USD / IDR Range: 15,190 - 15,300


D. Stock Picks
1. BBCA
52Week Price Range: 20350 - 25475
Monthly RLine: 26634 - 25917 - 25034
Monthly PP: 24317
Monthly SLine: 23434 - 22717 - 21834
Summary: STRONG BUY

2. ICBP
Daily Price Range: 8750 - 8850
Daily RLine: 8984 - 8892 - 8834
Daily PP: 8742
Daily SLine: 8684 - 8592 - 8534
Summary: STRONG BUY

3. ASII
Daily Price Range: 7450 - 7625
Daily RLine: 7625 - 7525 - 7475
Daily PP: 7375
Daily SLine: 7325 - 7225 - 7175
Summary: STRONG BUY

Smart Trend Team (GR)

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