Market Review and Prediction

Indeks di bursa Wall Street ditutup menguat karena reli menjelang penutupan perdagangan, didorong oleh penurunan yield obligasi pemerintah AS. Yield US-Treasury dengan tenor 10 tahun turun pada level terendah selama dua pekan terakhir. Penurunan yield ini disebabkan oleh kenaikan harga obligasi karena kekhawatiran investor akan prospek ekonomi. Saham-saham defensif, seperti konsumer, infrastruktur, real estate dan kesehatan, mendorong penguatan indeks. Saham sektor energi mengalami koreksi terbesar akibat penurunan harga minyak mentah. Sementara itu testimoni Chairman The Fed Jerome Powell pada hari kedua di hadapan Kongres kembali mengulangi komitmen The Fed untuk menurunkan laju inflasi. Powell juga menyatakan adanya potensi resesi ekonomi.

Seperti yang diperkirakan, BI masih mempertahankan suku bunga BI7DRR pada level 3,5%. IHSG pada perdagangan Kamis 23 Juni 2022 ditutup menguat 0,2% pada level 6998. Saham sektor infrastruktur menyumbangkan penguatan terbesar, sedangkan saham sektor transportasi mengalami koreksi terbesar. Investor asing net sell Rp1,588 triliun, termasuk transaksi di pasar negosiasi saham SMMA dengan net sell investor asing sebesar Rp1,38 triliun. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6925/6858 dan resistance 7050/7085. Stock pick: ASII, PTBA, HRUM, BBCA, UNTR, INDF, SMGR, WIKA, PTPP

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 2022