Market Review and Prediction

Indeks di bursa Wall Street ditutup melemah akibat berlanjut naiknya yield US-Treasury menyusul komentar Chairman The Fed Jerome Powell. Dalam acara Economic Club of New York, Powell mengatakan bahwa inflasi masih terlalu tinggi dan kemungkinan membutuhkan perlambatan ekonomi untuk menurunkan inflasi. Powell juga mengatakan bahwa kebijakan moneter belum terlalu ketat. Namun Powell juga menyatakan bahwa data yang masuk selama beberapa bulan terakhir menunjukkan kemajuan berkelanjutan menuju tujuan The Fed, yaitu lapangan kerja maksimum dan harga stabil. Yield US-Treasury dengan tenor 10 tahun naik mendekati level 5%, yang sebelumnya pernah terjadi pada tahun 2007. Sementara itu lebih dari 15% emiten dalam indeks S&P500 telah merilis laporan keuangan triwulan III, di mana sebesar 74% nya membukukan kinerja yang melebihi perkiraan. Harga minyak mentah berlanjut menguat karena kekhawatiran memburuknya konflik di Timur Tengah. Harga emas menguat karena permintaan investasi yang dianggap lebih aman serta harapan The Fed tidak akan menaikkan suku bunga pada awal bulan depan.

Dari domestik, BI menaikkan suku bunga sebesar 0,25% menjadi 6% sebagai upaya untuk meredam pelemahan rupiah terhadap dollar AS. IHSG pada perdagangan Kamis 19 Oktober 2023 ditutup melemah 1,18% pada level 6846. Saham sektor transportasi mengalami koreksi terbesar, sedangkan saham sektor infrastruktur membukukan penguatan terbesar. Investor asing mencatatkan net sell Rp1,053 triliun termasuk transaksi di pasar non reguler. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6820/6798 dan resistance 6875/6892. Stock pick: ADRO, MEDC, SRTG, NCKL, SMGR, INDF, ICBP, UNVR

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