Market Review and Prediction

Indeks di bursa Wall Street ditutup mix, dimana indeks Dow Jones ditutup melemah tipis, sedangkan indeks Dow Jones dan Nasdaq Composite ditutup menguat dipicu oleh kenaikan pada saham sektor teknologi. Data pengeluaran konsumen pada bulan Oktober mengalami kenaikan lebih besar dari perkiraan. Belanja konsumen meningkat 1,3%, setelah bulan September tumbuh 0,6%. Indeks PCE price yang merupakan indikator inflasi bagi The Fed, juga mengalami kenaikan. Indeks PCE, di luar makanan dan energi, mengalami kenaikan 4,1%, lebih tinggi dari bulan September yang sebesar 3,7%. Dalam FOMC minutes, beberapa pejabat The Fed menyatakan terbuka untuk mempercepat pengurangan pembelian obligasi dan menaikkan suku bunga jika inflasi masih tinggi. Data initial claims pekan lalu menunjukkan penurunan menjadi 199 ribu dari pekan sebelumnya 270 ribu. Data PDB AS pada triwulan III direvisi lebih tinggi menjadi 2,1% dari estimasi sebelumnya 2%. Bursa Wall Street akan tutup pada hari Kamis karena libur Thanksgiving dan akan ditutup lebih awal pada perdagangan Jumat.
IHSG pada perdagangan Rabu 24 November 2021 ditutup menguat 0,08% pada level 6683. Saham sektor energi membukukan kenaikan terbesar. Sedangkan saham sektor teknologi mengalami koreksi terbesar. Investor asing net buy Rp420,68 miliar, termasuk transaksi di pasar negosiasi atas saham DNET dan MEGA. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6650/6610 dan resistance 6720/6755. Stock pick: BBCA, PGAS, ARTO, TINS, KLBF, AKRA

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 2021