Market Review and Prediction

Indeks di bursa Wall Street pada akhir pekan lalu ditutup menguat dipicu oleh data tenaga kerja yang melemah mendorong penurunan pada yield US-Treasury. Data nonfarm payrolls bulan Oktober tercatat sebesar 150 ribu orang, di bawah estimasi yang sebesar 170 ribu dan di bawah bulan September yang sebanyak 297 ribu orang. Tingkat pengangguran naik pada level 3,9%, di atas perkiraan yang stabil pada level 3,8%. Tingkat upah naik sebesar 0,2%, juga di bawah perkiraan yang sebesar 0,3%. Data tersebut memicu penurunan yield US-Treasury dengan tenor 10 tahun pada level sekitar 4,57%, karena meningkatkan ekspektasi bahwa The Fed tidak akan menaikkan suku bunga pada Desember nanti.

Data ekonomi AS yang akan dirilis pada pekan ini diantaranya initial claims dan Michigan Sentimen. Sedangkan dari domestik, data ekonomi yang akan dirilis diantaranya pertumbuhan ekonomi Q3 2023, cadangan devisa, indeks keyakinan konsumen dan penjualan ritel.

IHSG pada perdagangan Jumat 3 November 2023 ditutup menguat 0,55% pada level 6788. Saham sektor energi membukukan penguatan terbesar, sedangkan saham sektor kesehatan mengalami koreksi terbesar. Investor asing mencatatkan net buy Rp309,6 miliar termasuk transaksi di pasar non reguler. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6750/6710 dan resistance 6825/6875. Stock pick: BMRI, BBCA, BBRI, BBNI, TKIM, JSMR, MDKA, INCO, ADMR, INTP

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