Market Review and Prediction

Indeks di bursa Wall Street pada akhir pekan lalu ditutup mix, dimana indeks Dow Jones dan Nasdaq Composite ditutup menguat sedangkan indeks S&P500 ditutup melemah tipis. Ketiga indeks utama di bursa Wall Street ini ditutup menguat selama sepekan lalu yang merupakan penguatan selama tujuh pekan berturut-turut. Pada akhir pekan lalu indeks bergerak fluktuatif karena bersamaan dengan jatuh temponya beberapa kontrak futures dan option indeks dan saham. Indeks telah mengalami reli ditopang oleh optimisme ekonomi AS tidak akan masuk dalam resesi meskipun telah terjadi tren kenaikan suku bunga The Fed, serta indikasi bahwa The Fed akan menurunkan suku bunga sebanyak tiga kali pada tahun 2024.

Data ekonomi AS yang akan dirilis pada pekan ini diantaranya building permits, housing starts, consumer confidence, existing home sales, new home sales, personal income, personal spending dan indeks PCE prices. Dari domestik, pasar akan menantikan hasil keputusan RDG Bank Indonesia pada hari Kamis yang menurut konsensus akan mempertahankan BI7DRR pada level 6%.

IHSG pada perdagangan Jumat 15 Desember 2023 ditutup menguat 0,21% pada level 7190. Saham sektor energi membukukan penguatan terbesar, sedangkan saham sektor teknologi mengalami koreksi terbesar. Investor asing mencatatkan net buy Rp3,875 triliun termasuk transaksi di pasar non reguler. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 7160/7130 dan resistance 7230/7260. Stock pick: BBRI, BBCA, BRIS, TLKM, PGEO, ASII, MEDC, ADMR, AKRA, ADRO, NCKL

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