Market Review and Prediction

Indeks di bursa Wall Street ditutup menguat di tengah penantian investor akan hasil pemilu sela AS yang akan berpengaruh terhadap regulasi dan pengeluaran pemerintah ke depannya. Pasar berharap Partai Republik akan merebut kendali di DPR dan kemungkinan mayoritas di senat. Sehingga terbaginya kekuasaan di Kongres dan presiden AS akan membatasi pengeluaran pemerintah, pajak dan aturan baru, sehingga akan lebih memberikan kepastian di pasar. Jika Partai Demokrat kembali memenangkan kursi di DPR dan senat, pasar khawatir akan ada kenaikan pajak korporasi. Sementara itu harga minyak mentah melemah di tengah kekhawatiran akan wabah Covid-19 yang memburuk di China serta kecemasan investor akan hasil pemilu paruh waktu di AS. Sedangkan harga emas kembali menguat di tengah pelemahan dollar AS dan yield obligasi serta menantikan dirilisnya data inflasi AS.

IHSG pada perdagangan Selasa 8 November 2022 ditutup melemah 0,74% pada level 7050. Saham sektor basic materials mengalami koreksi terbesar, sedangkan saham sektor teknologi membukukan penguatan terbesar. Investor asing net sell Rp193,66 miliar termasuk transaksi di pasar non regular. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 7010/6962 dan resistance 7100/7135. Stock pick: EMTK, SCMA, AALI, ICBP, ASII, PGAS, HRUM

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