Market Review and Prediction

Indeks di bursa Wall Street ditutup mix di mana indeks Dow Jones ditutup menguat pada level tertinggi tahun ini, indeks S&P500 ditutup menguat terbatas, sedangkan Nasdaq Composite ditutup melemah. Selama bulan November lalu, indeks Dow Jones menguat 8,8% mom, indeks S&P500 +8,9% mom dan Nasdaq Composite +10,7%. Indeks PCE prices bulan November tercatat sebesar 3,5% yoy, melambat dibandingkan bulan sebelumnya yang sebesar 3,7% yoy. Data ini semakin meningkatkan ekspektasi pasar bahwa The Fed tidak akan menaikkan suku bunga pada pertemuan bulan ini. Sementara itu harga minyak mentah melemah setelah OPEC+ mengeluarkan pernyataan bahwa tidak secara resmi mendukung pengurangan produksi, namun masing-masing negara mengumumkan pengurangan sukarela sebesar 2,2 juta barel per hari untuk kuartal I/2024.

IHSG pada perdagangan Kamis 30 November 2023 ditutup menguat 0,63% pada level 7080. Saham sektor infrastruktur membukukan kenaikan terbesar, sedangkan saham sektor industri mengalami koreksi terbesar. Investor asing mencatatkan net sell Rp269,49 miliar termasuk transaksi di pasar non reguler. Selama bulan November lalu, IHSG menguat 4,87% mom, dengan penguatan terbesar pada saham sektor teknologi +20,5% mom dan koreksi terbesar pada saham sektor kesehatan -5,36% mom. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 7050/7000 dan resistance 7100/7120. Stock pick: BBCA, BBNI, MDKA, ANTM, JSMR, UNVR, BRPT, PGEO, INDF, MYOR, EMTK

This report is prepared strictly for private circulation only to clients of PT Waterfront Sekuritas Indonesia. It is purposed only to person having professional experience in matters relating to investments. The information contained in this report has been taken from sources which we deem reliable. No warranty (express or implied) is made to the accuracy or completeness of the information. All opinions and estimates included in this report constitute our judgments as of this date, without regards to its fairness, and are subject to change without notice. However, none of PT Waterfront Sekuritas Indonesia and/or its affiliated companies and/or their respective employees and/or agents makes any representation or warranty (express or implied) or accepts any responsibility or liability as to, or in relation to, the accuracy or completeness of the information and opinions contained in this report or as to any information contained in this report or any other such information or opinions remaining unchanged after the issue thereof. We expressly disclaim any responsibility or liability (express or implied), its affiliated companies and their respective employees and agents whatsoever and howsoever arising (including, without limitation for any claims, proceedings, action, suits, losses, expenses, damages or costs) which may be brought against or suffered by any person as a results of acting in reliance upon the whole or any part of the contents of this report and neither PT Waterfront Sekuritas Indonesia, its affiliated companies or their respective employees or agents accepts liability for any errors, omissions or misstatements, negligent or otherwise, in the report and any liability in respect of the report or any inaccuracy therein or omission there from which might otherwise arise is hereby expresses disclaimed. This document is not an offer to sell or a solicitation to buy any securities. This firms and its affiliates and their officers and employees may have a position, make markets, act as principal or engage in transaction in securities or related investments of any company mentioned herein, may perform services for or solicit business from any company mentioned herein, and may have acted upon or used any of the recommendations herein before they have been provided to you. © PT Waterfront Sekuritas Indonesia 2023