Market Review and Prediction

Indeks di bursa Wall Street ditutup melemah yang antara lain dipicu oleh proyeksi kinerja keuangan Meta yang di bawah estimasi. Koreksi saham sektor teknologi akhir-akhir ini akibat kenaikan yield obligasi juga telah menekan Nasdaq Composite. Meskipun kemarin yield US-Treasury dengan tenor 10 tahun turun, namun tidak dapat membantu indeks dari tekanan jual. Data pertumbuhan ekonomi AS pada triwulan III 2023 tercatat sebesar 4,9% yoy, di atas estimasi pasar yang sebesar 4,7% yoy. Data ekonomi AS yang kuat ini meningkatkan kekhawatiran bahwa The Fed dapat menaikkan suku bunga lebih lama dari perkiraan sebelumnya. Sementara itu harga minyak mentah melemah akibat kecemasan akan turunnya permintaan di tengah prospek ekonomi yang suram. Sebaliknya harga emas menguat karena meningkatnya permintaan akan safe haven di tengah meningkatnya kondisi ketidakpastian, meskipun data ekonomi AS bagus. ECB mempertahankan suku bunga tetap pada level 4%, setelah menaikkan suku bunga sebanyak 10 kali berturut-turut, meskipun terdapat potensi kenaikan inflasi di tengah kenaikan harga minyak mentah.

IHSG pada perdagangan Kamis 26 Oktober 2023 ditutup melemah 1,75% pada level 6714. Saham sektor teknologi mengalami koreksi terbesar, sedangkan saham sektor kesehatan menjadi satu-satunya sektor yang menguat. Investor asing mencatatkan net sell Rp1,391 triliun termasuk transaksi di pasar non reguler. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6696/6620 dan resistance 6765/6700. Stock pick: AMMN, TPIA, HEAL, ISAT, ARCI, UNTR, INKP, TKIM, JSMR

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