Market Review and Prediction

Indeks di bursa Wall Street pada perdagangan akhir pekan lalu ditutup melemah signifikan akibat sentimen negatif ditemukannya virus Covid-19 varian baru, yang dinamakan varian Omicron, di Afrika Selatan. Hal tersebut mendorong investor beralih dari aset yang berisiko seperti saham, sehingga mendorong koreksi indeks global pada perdagangan Jumat. Indeks Dow Jones mengalami koreksi terburuk harian tahun ini. Harga obligasi menguat karena dianggap merupakan pilihan investasi yang lebih aman dibandingkan saham, sehingga mendorong yield obligasi turun. Harga minyak mentah mengalami koreksi tajam pada level terendah selama dua bulan terakhir akibat kekhawatiran akan turunnya permintaan jika varian baru tersebut mengganggu aktivitas ekonomi, apalagi di saat suplay minyak mentah cenderung meningkat. Sebaliknya harga emas menguat didorong oleh kenaikan permintaan aset yang lebih aman di tengah ketidakpastian ini.
Sementara itu data ekonomi AS yang akan dirilis pada pekan ini diantaranya indeks harga rumah, consumer confidence, ADP Employment rate, ISM manufacturing index, Fed’s Beige Book, nonfarm payrolls, unemployment rate, factory orders dan ISM non-manufacturing index
IHSG pada perdagangan Jumat 26 November 2021 ditutup melemah 2,06% pada level 6561. Saham sektor industri mengalami koreksi terbesar. Sedangkan saham sektor kesehatan menjadi satu-satunya sektor yang menguat. Koreksi signifikan indeks antara lain disebabkan oleh turunnya indeks bursa global akibat kekhawatiran akan dampak adanya varian baru Covid-19 yang ditemukan di Afrika Selatan. Investor asing net sell Rp143,26 miliar. Pada perdagangan hari ini IHSG diperkirakan bergerak pada kisaran support 6510/6480 dan resistance 6590/6650. Stock pick: TLKM, ISAT, KLBF, TBIG, TOWR

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