Market Review and Prediction

Indeks di bursa Wall Street ditutup variatif, di mana indeks Dow Jones dan S&P500 ditutup melemah sedangkan Nasdaq Composite ditutup menguat. Adanya bailout terhadap simpanan di Silicon Valley Bank tidak berhasil mendorong penguatan pada saham sektor perbankan. Namun pelemahan indeks tertahan karena beberapa investor memprediksi adanya guncangan pada sektor keuangan akan membuat The Fed tidak akan menaikkan suku bunga pada pertemuan pekan depan. Indeks VIX yang menjadi indikator tingkat ketakutan di Wall Street mengalami kenaikan pada level tertinggi sejak tahun 2022. Namun yield US-Treasury mengalami penurunan sehingga mendorong kenaikan pada saham sektor teknologi. Beberapa pelaku pasar memprediksi The Fed akan menaikkan suku bunga sebesar 0,25% pada pertemuan pekan depan, namun The Fed diperkirakan berpotensi menurun suku bunga sebesar 0,75% pada akhir tahun ini sehingga terminal rate diperkirakan pada level 4,75% pada bulan Mei 2023. Pasar juga menantikan data inflasi AS yang akan dirilis nanti malam. Sementara itu harga minyak mentah melemah akibat kekhawatiran akan dampak gejolak perbankan di AS. Sedangkan harga emas menguat di atas level $1900/t.oz karena kenaikan permintaan safe haven sebagai investasi yang dianggap lebih aman.

IHSG pada perdagangan Senin 13 Maret 2023 ditutup menguat 0,32% pada level 6786. Sektor energi membukukan penguatan terbesar, sedangkan saham sektor transportasi mengalami koreksi terbesar. Investor asing mencatatkan net buy Rp29,81 miliar termasuk transaksi di pasar non reguler. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6750/6720 dan resistance 6800/6825. Stock pick: BMRI, BBRI, BBCA, TLKM, ISAT, PTBA, BRIS, CPIN, MEDC, UNVR, INDY, ITMG

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