Market Review and Prediction

Indeks di bursa Wall Street kembali ditutup melemah akibat tren kenaikan suku bunga yang masih akan berlanjut serta penguatan dollar AS yang menguncang pasar mata uang dan komoditas. Indeks S&P500 menyentuh level terendah baru tahun ini dan indeks Dow Jones memasuki area bearish. Poundsterling turun pada level terendah baru terhadap dollar AS, karena ekspektasi bahwa Bank of England akan melanjutkan kenaikan bunga secara agresif dan ekonomi Inggris memasuki resesi. Ekspektasi bahwa The Fed masih akan menaikkan suku bunga secara agresif telah mendorong penguatan dollar AS terhadap mayoritas mata uang lainnya. Yield US-Treasury dengan tenor 2 tahun meningkat pada level 4,3% pada level tertinggi sejak 2007. Sedangkan yield US-Treasury dengan tenor 10 tahun mencapai level 3,9%, level tertinggi sejak 2010. Harga minyak serta emas dan mayoritas komoditas logam melemah akibat penguatan dollar AS.

IHSG pada perdagangan Senin 26 September 2022 ditutup melemah 0,71% pada level 7127. Saham sektor energi mengalami koreksi terbesar, sedangkan saham keuangan menjadi satu-satunya sektor yang menguat. Investor asing net sell Rp1,364 triliun termasuk transaksi di pasar non regular, namun didominasi oleh pasar reguler. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 7060/7015 dan resistance 7150/7180 Stock pick: BBRI, BBCA, BBNI, TLKM, BRPT

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