{
    "success": true,
    "data": {
        "id": 1811456,
        "msgid": "stock-recommendations-today-tpia-to-pani-1781837531",
        "date": "2026-06-19 08:45:09",
        "title": "Stock Recommendations Today: TPIA to PANI",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "The Jakarta Composite Index (IHSG) fell 0.78% amid net foreign selling, though select stocks like AMMN and BRPT provided support. Market attention is also focused on MSCI's downgrade of Indonesia's information flow criteria and upcoming corporate actions, including Prodia's subsidiary IPO and Matahari Putra Prima's rights issue.",
        "content": "<p>The Jakarta Composite Index (IHSG) closed under pressure on Thursday\n(18\/06), falling 0.78% to 6,172.34. Amid the broader index weakness,\nseveral stocks emerged as leading movers, while corporate actions from\nmajor groups like Prodia and Multipolar (MLPL) captured market\nattention. Selective buying activity saw PT Amman Mineral Internasional\nTbk (AMMN) surge 7.53%, followed by PT Barito Pacific Tbk (BRPT) rising\n5.64%, and PT Merdeka Copper Gold Tbk (MDKA) strengthening 4.76%. These\nthree stocks helped cushion a deeper fall in the IHSG. Conversely,\nlarge-cap market anchors were stuck in the red and became lagging\nmovers, led by PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) which\nslumped 3.90%, PT Telkom Indonesia (Persero) Tbk (TLKM) down 6.08%, and\nPT Bank Central Asia Tbk (BBCA) falling 3.19%. Pressure on the index was\nalso triggered by foreign investor selling, which recorded a net sell of\nRp 893.36 billion in the regular market and Rp 111.56 billion across all\nmarkets. By sector, Infrastructure fell the deepest at 1.96%, while\nBasic Industry managed to stay in positive territory with a surge of\n2.49%. This movement contrasted with US markets, which closed uniformly\nhigher. Market participants are currently scrutinising the results of\nthe MSCI 2026 Global Market Accessibility Review. Although Indonesia was\nretained in Emerging Market status, MSCI downgraded the Information Flow\ncriterion assessment from \u2018+\u2019 to \u2018-\u2019. This downgrade was triggered by\nunclear share ownership structures and indications of coordinated\ntrading activities deemed to disrupt fair price formation. These factors\nlimit global institutional investors\u2019 ability to measure actual free\nfloat and perform index replication. MSCI also highlighted the limited\navailability of English-language information in the domestic market. The\nMSCI 2026 Annual Market Classification Review announcement is scheduled\nfor 23 June 2026. In response to this sentiment, the EIDO ETF and MSCI\nIndonesia corrected by 0.40% and 2.35% respectively. On the corporate\nfront, activity in the second half of the year is projected to be more\ndynamic through expansion plans. A subsidiary of the Prodia Group is\ncurrently conducting a book building process from 18\u201323 June 2026,\ntargeting a listing on the Indonesia Stock Exchange on 9 July 2026. The\ncompany is offering a maximum of 522.90 million new shares (30.00% of\ncapital) at a price range of Rp 100\u2013120 per share, aiming to raise up to\nRp 62.75 billion. The current ownership structure is controlled by\nProdia Utama (51.00%), PT Prodia Widyahusada Tbk (PRDA) at 39.00%, and\nDiasys Diagnostic Systems GmbH (10.00%). A total of 62.57% of the IPO\nfunds will be used to repay credit to BCA and Bank Panin, 28.92% for\ncapital expenditure, and 8.51% for working capital. Meanwhile, Matahari\nPutra Prima (MPPA) is preparing a Rights Issue VIII by issuing up to\n23.99 billion new shares at an exercise price of Rp 50 per share. MPPA\u2019s\nfundraising target reaches Rp 1.20 trillion, of which Rp 780.00 billion\nis allocated for the purchase of strategic property assets and the\nremainder for working capital. With a ratio of 114:211, shareholders who\ndo not exercise their rights risk dilution of up to 64.92%. PT\nMultipolar Tbk (MLPL) acts as the standby buyer with a commitment of up\nto Rp 980.00 billion, potentially boosting its ownership in MPPA from\n50.14% to 80.15%. The rights issue trading period will take place on 1\u20133\nJuly and 6\u20137 July 2026. Today\u2019s stock recommendations from Mega Capital\nSekuritas: TPIA - Buy 2080-2100, Target Price 2140-2180, Stop Loss 1970;\nTBLA - Buy 635-645, Target Price 655-680, Stop Loss 610; MAPI - Buy\n1495-1505, Target Price 1530-1550, Stop Loss 1450; BRPT - Buy 1750-1765,\nTarget Price 1805-1825, Stop Loss 1660; PANI - Buy 6650-6725, Target\nPrice 6850-7050, Stop Loss 6650.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/stock-recommendations-today-tpia-to-pani-1781837531",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}