Market Review and Prediction

Indeks di bursa Wall Street ditutup melemah setelah mengalami reli pada pekan lalu yang didorong oleh kesepakatan kenaikan plafon utang AS dan meredanya kekhawatiran akan potensi resesi ekonomi AS. Indeks Dow Jones melemah akibat koreksi saham Apple setelah meluncurkan sejumlah produk baru. Sementara itu harga minyak mentah menguat setelah Arab Saudi menyatakan akan melakukan pembelian pemangkasan produksi secara suka rela sebanyak 1 juta bpd/hari. OPEC+ juga sepakat untuk memperpanjang pemangkasan produksi hingga Desember 2024 dari sebelumnya Desember 2023. Data aktivitas sektor jasa di AS secara tak terduga mengalami penurunan pada bulan Mei, sehingga meningkatkan optimisme bahwa The Fed tidak akan menaikkan suku bunga pada pertemuan bulan ini. Hal tersebut mendorong rebound pada harga emas.

IHSG pada perdagangan Senin 5 Juni 2023 ditutup menguat 0.003% pada level 6633. Saham sektor industri membukukan penguatan terbesar, sedangkan saham sektor teknologi mengalami koreksi terbesar. Investor asing mencatatkan net buy Rp721,27 miliar termasuk transaksi di pasar non reguler. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6598/6560 dan resistance 6650/6690. Stock pick: BBCA, BBTN, ARTO, HRUM, ANTM, INCO, UNTR, ASII, PTBA, INDF, CTRA

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