Market Review and Prediction

Indeks di bursa Wall Street kembali ditutup menguat, yang merupakan penguatan selama tiga hari berturut-turut. Turunnya yield obligasi menjadi faktor positif. Yield US-Treasury dengan tenor 10 tahun turun sekitar 15 basis poin pada level 4,087%. Yield US-Treasury dengan tenor dua tahun turun 3 basis poin pada level 4,473%. Turunnya yield obligasi ini disebabkan oleh harapan pasar bahwa The Fed akan mengubah kebijakan moneternya yang menaikkan suku bunga secara agresif untuk menurunkan inflasi, karena beberapa data ekonomi mulai menunjukkan pelemahan. Indeks harga rumah di 20 kota besar di AS turun 1,3% mom pada bulan Agustus, namun masih lebih tinggi 13,1% yoy dibandingkan tahun lalu. Indeks consumer confidence AS bulan Oktober juga mengalami penurunan dari level 107,8 menjadi 102,5. Pasar juga masih optimis dengan earning season, dimana hingga saat ini sebanyak 71% emiten yang telah merilis laporan keuangan membukukan laba di atas estimasi. Sementara itu harga minyak mentah dan emas menguat didorong oleh koreksi dollar AS.

IHSG pada perdagangan Selasa 25 Oktober 2022 ditutup melemah 0,07% pada level 7048. Saham sektor energi mengalami koreksi terbesar, sedangkan saham sektor properti membukukan penguatan terbesar. Investor asing net buy Rp298,32 miliar termasuk transaksi di pasar non regular. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 7015/6986 dan resistance 7092/7130. Stock pick: ASII, ISAT, PTPP, WSKT, ICBP

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