Market Review and Prediction

Indeks di bursa Wall Street ditutup menguat, setelah selama beberapa hari mengalami koreksi. Penguatan dipicu oleh kenaikan pada saham sektor teknologi yang dipimpin oleh penguatan pada saham Apple, meskipun yield US-Treasury mengalami kenaikan. Data initial claims pekan lalu mengalami penurunan pada level 187 ribu orang, di bawah perkiraan yang sebanyak 208 ribu orang. Data pasar tenaga kerja yang masih ketat tersebut, bersama dengan penjualan ritel yang masih kuat, menunjukkan ekonomi AS yang masih solid dan di sisi lain membuat ekspektasi akan penurunan suku bunga The Fed lebih lama dari perkiraan sebelumnya. Hal tersebut mendorong kenaikan yield US-Treasury dan dollar AS. Sementara itu harga minyak mentah menguat karena prediksi kenaikan permintaan minyak mentah tahun ini oleh IEA. Harga emas juga menguat didorong oleh kenaikan permintaan akan safe haven akibat meningkatnya ketegangan di Timur Tengah.

IHSG pada perdagangan Kamis 18 Januari 2024 ditutup menguat 0,73% pada level 7252. Sektor basic material membukukan penguatan terbesar, sedangkan saham sektor transportasi mengalami koreksi terbesar. Investor asing mencatatkan net sell Rp97,23 miliar termasuk transaksi di pasar non reguler. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 7200/7180 dan resistance 7280/7300. Stock pick: BRIS, BBTN, ISAT, EXCL, PGEO, BRPT, AKRA, TPIA, BREN, MEDC, MDKA, ERAA

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 2024