Market Review and Prediction

Indeks di bursa Wall Street pada akhir pekan lalu ditutup menguat di tengah mix sentimen seperti kinerja laporan keuangan yang variatif, kenaikan harga minyak mentah, data ekonomi dan kekhawatiran akan potensi resesi ekonomi karena masih berlanjutnya tren kenaikan suku bunga. Data personal income bulan November tumbuh 0,4%, di atas estimasi yang sebesar 0,3%. Personal spending naik 0,1%, lebih rendah dari bulan sebelumnya 0,9%, namun sesuai dengan perkiraan. Indeks PCE prices bulan November sebesar 0,1% mom dan indeks PCE prices inti sebesar 0,2% mom. Sehingga secara yoy, indeks PCE prices sebesar 5,5% yoy, turun dari bulan sebelumnya 5,5% yoy serta PCE prices inti sebesar 4,7% yoy dari bulan sebelumnya 5% yoy. Saham sektor energi menguat seiring dengan kenaikan harga minyak mentah setelah Rusia mengatakan dapat memangkas produksi minyak karena pembatasan harga yang dilakukan oleh Uni Eropa dan G7. Data ekonomi AS yang akan dirilis pada pekan ini diantaranya data initial claims.

IHSG pada perdagangan Jumat 23 Desember 2022 ditutup melemah 0,35% pada level 6800. Saham sektor transportasi mengalami koreksi terbesar, sedangkan saham sektor properti membukukan kenaikan terbesar. Investor asing net sell Rp773,72 miliar, termasuk transaksi di pasar non reguler. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6765/6715 dan resistance 6850/6890. Stock pick: BBRI, BMRI, CTRA, BSDE, WIKA, PTPP, ADMR, SMGR

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