{
    "success": true,
    "data": {
        "id": 2034727,
        "msgid": "jci-falls-more-than-2-five-stocks-recommended-today-1791859827",
        "date": "2026-10-13 08:46:31",
        "title": "JCI Falls More Than 2%: Five Stocks Recommended Today",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Investment",
        "summary": "Indonesia\u2019s benchmark JCI fell 2.59% to 5,936.15, with all 11 sectors closing lower amid uncertainty over MSCI\u2019s index review, although foreign investors recorded net buying. The article also details Astra\u2019s vehicle sales and planned tender offer for Astra Otoparts, geothermal drilling by Pertamina Geothermal Energy, and Visi Media Asia\u2019s debt-to-equity conversion, before listing five trading recommendations.",
        "content": "<p>The Jakarta Composite Index (JCI) closed down 2.59% at 5,936.15 on\nMonday (12 October). Several shares influenced the index: INKP (+4.83%),\nBBRI (+0.32%) and MLPT (+8.74%) rose, while DSSA (-14.60%), BREN\n(-11.48%) and BBCA (-1.65%) recorded the biggest declines.<\/p>\n<p>Foreign investors registered net purchases of Rp81.10 billion on the\nregular market and Rp128.29 billion across all markets. All 11 sectors\nclosed in negative territory. Energy fell the most, by 5.88%, while\nHealth recorded the smallest decline, at 0.72%.<\/p>\n<p>In the US market, the Dow Jones rose 0.38% to 51,850, the S&amp;P 500\nedged down 0.06% to 7,807, and the Nasdaq fell 0.44% to 27,245. Domestic\nmarket sentiment remained affected by uncertainty surrounding MSCI\u2019s\nreview, as investors focused on whether the suspension of index changes\nwould continue.<\/p>\n<p>This was also reflected in declines of 1.85% in the EIDO ETF and\n1.23% in the MSCI Indonesia index.<\/p>\n<p>Among listed companies, Astra International (ASII) recorded wholesale\ncar sales of 334,987 units through the third quarter of 2026, up 12.62%\nyear on year from 297,437 units in the first nine months of 2025. Those\nsales accounted for 49.33% of national wholesale sales, which totalled\n679,018 units.<\/p>\n<p>Toyota and Lexus contributed the largest share, with 198,873 units,\nfollowed by Daihatsu with 112,442. Commercial vehicle sales included\n22,975 Isuzu vehicles and 697 UD Trucks. In the low-cost green car\n(LCGC) segment, ASII had an estimated 80% market share, selling 66,903\nunits.<\/p>\n<p>In line with its automotive business, ASII will conduct a voluntary\ntender offer (VTO) for shares in its subsidiary Astra Otoparts (AUTO)\nfrom 13 October to 11 November 2026. ASII aims to buy up to 238.44\nmillion shares, equivalent to 4.95% of AUTO\u2019s paid-up capital, at\nRp3,600 per share.<\/p>\n<p>The transaction is valued at up to Rp858.39 billion and is intended\nto strengthen ASII\u2019s ownership of its automotive components\nbusiness.<\/p>\n<p>Pertamina Geothermal Energy (PGEO) has completed the drilling of five\ngeothermal wells across three operating areas during 2026.<\/p>\n<p>The drilling comprised one exploration well, GTG-B.1 at Gunung Tiga,\ncompleted on 9 June 2026, and four production-support, or make-up, wells\nat Lumut Balai, Ulubelu and Lahendong. Drilling at Lumut Balai also\nsupports the development of Unit 3, with a capacity of 55 MW.<\/p>\n<p>PGEO currently manages 15 geothermal working areas with total\ninstalled capacity of 1,932 MW, or around 70% of Indonesia\u2019s total\ngeothermal capacity.<\/p>\n<p>Visi Media Asia (VIVA) also plans a non-pre-emptive rights issue\n(PMTHMETD), issuing up to 43.09 billion new Series C shares with a\nnominal value of Rp40 each.<\/p>\n<p>The corporate action will convert PKPU restructuring debt of Rp1.72\ntrillion owed to PT Harta Abadi Jaya (HAJ) and PT Jayakarta Sugih Makmur\n(JSM), in implementation of the homologation decision. VIVA will\ntherefore receive no new funds from the transaction. HAJ and JSM are\naffiliated parties, both controlled by PT Bakrie Global Ventura\n(BGV).<\/p>\n<p>The exercise price will be set at the higher of the nominal value of\nRp40 per share or the average closing price over the 25 trading days\nbefore the application for listing. Existing shareholders could face\ndilution of 72.35%.<\/p>\n<p>On a pro forma basis, the liabilities-to-equity ratio is expected to\nfall from 11.78 times to 1.86 times, as equity rises from Rp496.10\nbillion to Rp2.22 trillion.<\/p>\n<p>The PMTHMETD plan will be submitted for approval at an extraordinary\ngeneral meeting of shareholders on 17 November 2026, with the new shares\nscheduled to be listed on 3 December 2026.<\/p>\n<p>Today\u2019s stock recommendations<\/p>\n<ul>\n<li><p>ICBP \u2014 Buy at 6,975\u20137,025 | Target price: 7,150\u20137,250 | Stop\nloss: 6,700<\/p><\/li>\n<li><p>JPFA \u2014 Buy at 2,050\u20132,070 | Target price: 2,110\u20132,150 | Stop\nloss: 1,970<\/p><\/li>\n<li><p>DOOH \u2014 Buy at 296\u2013302 | Target price: 310\u2013318 | Stop loss:\n280<\/p><\/li>\n<li><p>HATM \u2014 Buy at 570\u2013580 | Target price: 590\u2013605 | Stop loss:\n540<\/p><\/li>\n<li><p>SMRA \u2014 Buy at 238\u2013242 | Target price: 248\u2013254 | Stop loss:\n228<\/p><\/li>\n<\/ul>\n<p>Disclaimer: The analysis and stock recommendations in this article\nare for informational purposes only and do not constitute an invitation\nto buy or sell any particular shares.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/jci-falls-more-than-2-five-stocks-recommended-today-1791859827",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}