Market Review and Prediction

Indeks di bursa Wall Street ditutup melemah yang antara lain dipicu oleh data penjualan ritel bulan Desember yang mengecewakan yang memicu kembali kekhawatiran akan resesi ekonomi serta adanya profit taking terhadap reli pada awal Januari. Saham perbankan memimpin pelemahan indeks seiring dengan turunnya yield US-Treasury dengan tenor 10 tahun pada level terendah sejak September. Data penjualan ritel bulan Desember tercatat turun 1,1%, sedikit lebih buruk dari perkiraan yang turun 1%. Data ini menunjukkan konsumen mengurangi pengeluaran mereka dengan penjualan offline turun 6,6% dan penjualan online turun 1,1%. Data PPI bulan Desember turun 0,5%, lebih besar dari estimasi yang turun 0,1%. Berita mengenai Microsoft yang akan mengurangi karyawannya juga membebani indeks Dow Jones. Sementara itu harga minyak mentah terkoreksi karena kekhawatiran akan potensi resesi ekonomi. Sedangkan harga emas juga melemah karena beberapa pejabat The Fed mengindikasikan akan tetap menaikkan suku bunga untuk melawan inflasi.

IHSG pada perdagangan Rabu 18 Januari 2023 ditutup melemah 0,02% pada level 6765. Saham sektor basic materials mengalami koreksi terbesar, sedangkan saham sektor industri membukukan kenaikan terbesar. Investor asing net sell Rp89,15 miliar, termasuk transaksi di pasar non reguler. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6720/6688 dan resistance 6790/6820. Stock pick: BBRI, BBCA, TLKM, EXCL, INDF, ICBP, ASII, PGAS, TINS, ANTM, INCO

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