Market Review and Prediction

Indeks di bursa Wall Street pada akhir pekan lalu ditutup mix, di mana indeks Dow Jones dan S&P500 ditutup melemah, sedangkan Nasdaq Composite ditutup melemah. Indeks Dow Jones melemah akibat tekanan jual pada saham JP Morgan. Sedangkan kinerja keuangan Amazon yang lebih baik dari perkiraan mendorong penguatan pada saham sektor teknologi sehingga Nasdaq Composite ditutup menguat. Indeks PCE prices inti bulan September sebesar 0,3% mom, tertinggi dalam 4 bulan terakhir, naik dari bulan sebelumnya 0,1% mom, namun sesuai dengan perkiraan. Namun secara tahunan, indeks PCE prices tercatat sebesar 3,7% yoy, terendah sejak Mei 2021, namun masih jauh di atas target The Fed yang sebesar 2%. Sementara itu harga minyak mentah kembali menguat di tengah kekhawatiran konflik Israel-Hamas dapat menyebar ke konflik yang lebih besar dan dapat menganggu suplay minyak mentah. Harga emas juga menguat dipicu oleh kenaikan permintaan akan safe haven dan menjelang pertemuan The Fed.

Pasar akan menantikan hasil pertemuan The Fed pada pekan ini. Data ekonomi AS yang akan dirilis pada pekan ini diantaranya indeks harga rumah, consumer confidence, ADP Employment change, indeks ISM manufacturing, nonfarm payrolls, unemployment rate dan indeks ISM non manufacturing. Sedangkan dari domestik data ekonomi yang akan dirilis diantaranya indeks PMI manufactur, inflasi bulan Oktober dan tingkat kunjungan wisatawan bulan September 2023.

IHSG pada perdagangan Jumat 27 Oktober 2023 ditutup menguat 0,66% pada level 6758. Saham sektor infrastruktur membukukan kenaikan terbesar, sedangkan saham sektor properti mengalami koreksi terbesar. Investor asing mencatatkan net sell Rp540,54 miliar termasuk transaksi di pasar non reguler. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6730/6700 dan resistance 6780/6796. Stock pick: AMMN, TPIA, HEAL, ISAT, INKP, TKIM, PGEO, BREN, EXCL

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