Market Review and Prediction

Indeks di bursa Wall Street ditutup mix, dimana indeks Dow Jones dan S&P500 ditutup menguat sedangkan Nasdaq Composite kembali ditutup melemah. Kenaikan yield obligasi pemerintah AS mendorong tekanan jual pada saham sektor teknologi, namun sebaliknya menjadi faktor positif bagi saham sektor perbankan. Yield US-Treasury melanjutkan kenaikannya akibat meningkatnya ekspektasi investor akan kenaikan suku bunga pada tahun depan setelah Presiden Biden mencalonkan Jerome Powell sebagai Chairman The Fed untuk masa jabatan kedua. Saham sektor energi juga menguat seiring dengan kenaikan harga minyak mentah setelah rencana AS dan beberapa negara untuk melepas cadangan minyaknya dalam rangka meredam kenaikan harga minyak, gagal memenuhi beberapa harapan. Survey IHS Markit menunjukkan aktivitas bisnjs AS pada bulan November melambat secara moderat akibat kurangnya tenaga kerja dan gangguan pasokan bahan mentah. Bursa Wall Street akan tutup pada perdagangan Kamis karena libur Thanksgiving, sedangkan pada hari Jumat perdagangan akan tutup lebih awal.
IHSG pada perdagangan Selasa 23 November 2021 ditutup melemah 0,68% pada level 6677. Saham sektor transportasi mengalami koreksi terbesar. Sedangkan saham sektor energi membukukan penguatan terbesar. Investor asing net buy Rp94 miliar. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6650/6610 dan resistance 6720/6755. Stock pick: BBCA, TLKM, ADRO, PTBA, ITMG, UNVR, KLBF, ERAA, AKRA

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 2021