Market Review and Prediction

Indeks di bursa Wall Street ditutup melemah akibat laporan keuangan Alphabet yang di bawah perkiraan serta naiknya yield US-Treasury. Pelemahan pada saham Alphabet mendorong koreksi pada saham sektor teknologi. Yield US-Treasury dengan tenor 10 tahun kembali naik di sekitar level 4,95%. Sementara itu harga minyak mentah rebound dipicu oleh kekhawatiran akan dampak konflik Israel-Hamas, namun penguatan tersebut dibatasi oleh meningkatnya cadangan minyak AS serta kecemasan akan prospek ekonomi Eropa. Harga emas juga menguat didorong oleh meningkatnya permintaan akan safe haven di tengah masih berlanjutnya konflik Israel-Hamas. Namun kenaikan harga emas dibatasi oleh penguatan dollar AS dan yield US-Treasury. Pasar juga menantikan data pertumbuhan ekonomi AS Q3 dan indeks PCE prices yang akan dirilis pekan ini, yang diharapkan dapat memberi petunjuk arah kebijakan moneter The Fed selanjutnya.

IHSG pada perdagangan Rabu 25 Oktober 2023 ditutup menguat 0,41% pada level 6834. Saham sektor keuangan membukukan penguatan terbesar, sedangkan saham sektor teknologi mengalami koreksi terbesar. Investor asing mencatatkan net sell Rp243,85 miliar termasuk transaksi di pasar non reguler. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6800/6780 dan resistance 6870/6895. Stock pick: BMRI, BBRI, ASII, PGEO, INDF, JSMR, AMRT, GGRM, UNVR, UNTR

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