Market Review and Prediction

Indeks di bursa Wall Street ditutup menguat dan mencapai level tertinggi baru. Sentimen positif berasal dari data inflasi tingkat konsumen yang lebih rendah dari perkiraan. Indeks CPI bulan April tercatat sebesar 0,3% mom, lebih rendah dari perkiraan yang sebesar 0,4% mom. Secara tahunan, inflasi sebesar 3,4% yoy, sesuai dengan perkiraan. Data inflasi inti juga sesuai dengan estimasi. Data penjualan ritel bulan April stagnan, lebih rendah dari perkiraan yang sebesar 0,4%. Kedua data tersebut meningkatkan optimisme pasar bahwa The Fed akan menurunkan suku bunga pada tahun ini. Yield US-Treasury mengalami penurunan seiring dengan dirilisnya kedua data tersebut. Optimisme pasar meningkat bahwa The Fed akan mulai menurunkan suku bunga pada bulan September.

IHSG pada perdagangan Rabu 15 Mei 2024 ditutup menguat 1,36% pada level 7179. Saham sektor basic materials membukukan penguatan terbesar, sedangkan saham sektor industri mengalami pelemahan terbesar. Investor asing mencatatkan net sell Rp136,13 miliar termasuk transaksi di pasar non regular. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 7150/7120 dan resistance 7220/7250. Stock pick: BBRI, BMRI, BBCA, BBNI, BBTN, SMRA, TPIA, ISAT, AMMN, BREN, BRPT, INKP

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