Market Review and Prediction

Indeks di bursa Wall Street ditutup menguat, setelah The Fed mempertahankan suku bunganya tetap selama dua kali pertemuan berturut-turut seperti perkiraan konsensus. Hal ini memicu harapan pasar bahwa The Fed tidak akan menaikkan suku bunga hingga akhir tahun ini. The Fed seperti perkiran pasar, mempertahankan suku bunga tetap pada kisaran level 5,25%-5,50% pada pertemuan kemarin. Selain itu The Fed juga menyatakan bahwa aktivitas ekonomi pada Q3 tumbuh dengan kuat. Namun The Fed menekankan belum membuat keputusan mengenai suku bunga pada pertemuan Desember mendatang. The Fed menyatakan tidak mempertimbangkan untuk menurunkan suku bunga saat ini. Yield US-Treasury turun setelah keputusan The Fed mempertahankan suku bunga tetap. Sementara itu Departemen Keuangan AS merinci rencana penjualan obligasi di masa depan di tengah meningkatnya kekhawatiran terhadap meningkatnya beban utang pemerintah AS. Pekan depan, Departemen Keuangan akan melelang surat utang senilai USD 112 miliar, sebagian besar sesuai dengan perkiraan Wall Street. Indeks manufaktur ISM menunjukkan aktivitas manufaktur mengalami kontraksi lebih dari yang diperkirakan pada bulan Oktober.

IHSG pada perdagangan Rabu 1 November 2023 ditutup melemah 1,63% pada level 6642. Semua sektor mengalami koreksi dengan pelemahan terbesar pada sektor kesehatan. Investor asing mencatatkan net sell Rp1,09 triliun termasuk transaksi di pasar non reguler. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6620/6578 dan resistance 6675/6710. Stock pick: BBNI, TLKM, PGEO, AKRA, ASII

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