Market Review and Prediction

Indeks di bursa Wall Street pada akhir pekan lalu ditutup menguat, meskipun data nonfarm payrolls bulan Oktober menimbulkan pasar terbelah pendapatnya apakah data tersebut akan menguatkan kebijakan The Fed untuk menaikkan suku bunga dengan agresif atau akan memperlambatnya. Hal ini karena data tenaga kerja bulan Oktober tersebut mix. Data nonfarm payrolls bulan Oktober 2022 menunjukkan penyerapan tenaga kerja sebanyak 261 ribu, lebih rendah dari bulan sebelumnya 315 ribu, namun di atas perkiraan 220 ribu. Sebaliknya tingkat pengangguran naik pada level 3,7% dari bulan sebelumnya 3,5%, serta di atas perkiraan 3,6%. Selanjutnya pasar akan menantikan data inflasi. Sementara itu harapan pembukaan aktivitas ekonomi China kembali dari pembatasan karena kebijakan zero covid, mendorong penguatan pada saham perusahaan asal China yang tercatat di Wall Street.

Data ekonomi AS yang akan dirilis pada pekan ini diantaranya CPI, initial claims dan Michigan Sentiment. Dari domestik, data ekonomi yang akan dirilis pada pekan ini diantaranya data pertumbuhan ekonomi RI Q3/2022, cadangan devisa, indeks keyakinan konsumen, penjualan ritel dan penjualan mobil.

IHSG pada perdagangan Jumat 4 November 2022 ditutup menguat 0,16% pada level 7045. Saham sektor basic materials membukukan penguatan terbesar, sedangkan saham sektor infrastruktur mengalami pelemahan terbesar. Investor asing net sell Rp186,5 miliar termasuk transaksi di pasar non regular. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6985/6945 dan resistance 7075/7105. Stock pick: BBRI, BMRI, ITMG, AKRA, MEDC, PGAS, ASII, SMGR, TLKM, ANTM, INCO, TINS

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