Post on 13-Nov-2020
1
Today’s Market:
IHSG diperkirakan bergerak melemah. Bursa AS ditutup
melemah pada perdagangan Kamis (12/03). Harga batu-
bara stabil di level USD 65,40 per Mt. Crude oil turun ke
level USD 31,36 per barrel. Rupiah melemah terhadap
Dollar AS di level Rp 14.640. 10Yr Government Bonds
Yield naik ke level 7,28%.
Dari global, AS mencatatkan indeks harga produsen (PPI)
Februari 2020 naik 1,3% YoY, atau dibawah estimasi.
Sehubungan dengan emiten, Semen Indonesia (SMGR)
mencatatkan volume penjualan semen domestik Februari
2020 turun 3,9% YoY (vs industri turun 0,1% YoY).
Sehubungan dengan emiten, 5 BUMN menyiapkan Rp 1,45
triliun untuk buyback saham, rincian alokasi dana masing-
masing BUMN tersebut adalah, Jasa Marga (JSMR) sebesar
Rp 500 miliar, Wijaya Karya (WIKA) Rp 300 miliar, PT PP
(PTPP) Rp 250 miliar, Waskita Karya (WSKT) senilai Rp
300 miliar, dan Adhi Karya (ADHI) hingga Rp 100 miliar.
Secara teknikal indeks hari Jumat (13/03), IHSG diprediksi
bergerak di kisaran 4795-4940.
Source: Bloomberg, Sinarmas Investment Research See pg. 6-8 for Technical Corner
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
Friday, March 13, 2020
ID X Stat ist ics C lo sing
JCI 4,895.75
Transaction Value Regular M arket (IDR tn) 5.004
Transaction Volume Regular M arket (mn shares) 3,699
Foreign Net Buy (Sell) (IDR bn) (257)
Foreign Net Buy (Sell) (0.51)
Total M arket Capitalization (IDR tn) 5,687.02
LQ45 769.64 (6.12) (24.13)
EIDO 16.82 (13.07) (34.45)
IDX 14.67 (12.89) (35.15)
DOW JONES 21,200.62 (9.99) (25.71)
S&P 500 2,480.64 (9.51) (23.22)
NASDAQ 7,201.80 (9.44) (19.74)
FTSE 5,237.48 (10.87) (30.56)
NIKKEI 18,559.63 (4.41) (21.55)
HANG SENG 24,309.07 (3.66) (13.77)
STRAITS TIM ES 2,678.64 (3.77) (16.89)
KLSE 1,419.43 (1.69) (10.66)
USD/IDR 14,640.00 1.47 5.29
EUR/IDR 16,252.88 0.32 4.90
JPY/IDR 139.73 1.65 8.41
SGD/IDR 10,347.64 0.42 0.65
AUD/IDR 9,156.12 (1.58) (5.44)
GBP/IDR 18,288.82 (0.80) 0.64
Crude Oil (USD/barrel) 31.36 7:57:19 AM (48.62)
Coal (USD/mn tons) 65.40 3/12/2020 (3.40)
Natural Gas (USD/mmBtu) 1.82 7:56:54 AM (16.77)
Gold (USD/ounce) 1,575.82 8:07:21 AM 3.87
Nickel (USD/mn tons) 11,825.00 8:07:21 AM (15.51)
Tins (USD/mn tons) 15,915.00 8:07:21 AM (7.34)
CPO (M YR/mn tons) 2,302.00 3/12/2020 (24.30)
Rubber (JPY/kg) 150.00 7:28:17 AM (15.40)
Wheat (USD/bushel) 508.25 3/12/2020 (9.04)
Corn (USD/bushel) 370.00 7:00:00 AM (4.58)
C o mmo dit ies
Other Indices C lo sing 1-D ay C hg (%)YT D
C hg (%)
C urrency Spo t R ate R ate ( ID R ) 1-D ay C hg (%)YT D
C hg (%)
P riceLast
T ransact io n
YT D
C hg (%)
IHSG turun sebanyak 258.4 poin (5.01%) ke level 4895.75.
Sementara LQ45 turun sebanyak 50.1 poin (6.12%) ke level
769.64. Foreign net sell sebesar Rp 256.57 miliar.
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,500
7,000
Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20
Millio
ns
Volume JCI Index
2
Daily Corporate and Industry News
Presiden Donald Trump mengumumkan pembatasan perjalanan dari seluruh Eropa, kecuali dari Inggris dan Irlandia, sebagai upaya untuk menghentikan penyebaran Covid-19. Source: Investor Daily Gubernur DKI Jakarta Anies Baswedan menyatakan sudah membuat skenario terburuk jika penyebaran Virus Korona (covid-19) di Ibu Kota terus meluas. Skenario yang dimaksud adalah penutupan berbagai fasilitas public, pembata-san jam buka restoran dan toko, serta penutupan sekolah, kantor dan perguruan tinggi. Source: Investor Daily Setelah mengizinkan buyback saham tanpa rapat umum pemegang saham, menurunkan batas bawah auto rejection menjadi 10% atau asimetris, dan menyetop perdagangan 30 menit bila IHSG anjlok 5%, OJK juga akan memangkas lagi batas bawah auto rejection menjadi 7% untuk menjaga pasar. Source: Investor Daily Kementerian Energi dan Sumber Daya Mineral (ESDM) mengungkapkan, pencapaian target investasi sektor mineral dan batu bara sebesar US$ 7,67 miliar pada tahun ini berpotensi terganggu jika penyebaran Virus Korona berlang-sung lama. Source: Investor Daily 5 BUMN siapkan Rp 1.45 triliun untuk buyback saham, rincian alokasi dana masing-masing BUMN tersebut adalah, Jasa Marga (JSMR) sebesar Rp 500 miliar, Wijaya Karya (WIKA) Rp 300 miliar, PT PP (PTPP) Rp 250 miliar, Waskita Karya (WSKT) senilai Rp 300 miliar, dan Adhi Karya (ADHI) hingga Rp 100 miliar. Source: Investor Daily Beberapa emiten yang telah mengumumkan aksi korproasi buyback, yaitu Barito Pacific (BRPT), PT Rukun Raharja (RAJA), Jaya Real Properti (JRPT), Nippon Indosari Corpindo (ROTI), Tunas Baru Lampung (TBLA), Fast Food Indone-sia (FAST), Yulie Sekuritas Indonesia (YULE), Eastparc Hotel (EAST), dan Itama Ranoraya (IRRA), dengan total ang-garan sebesar Rp 2.65 Triliun. Source: Investor Daily Adhi Karya (ADHI) berniat melakukan pembelian kembali saham (buyback) dengan jumlah saham yang akan dibeli kembali maksimal senilai Rp100 miliar atau tidak melebihi 20% dari modal disetor. Source: IQPlus Waskita Karya (WSKT) berniat melakukan pembelian kembali saham (buyback) jumlah saham yang akan dibeli kem-bali maksimal senilai Rp300 miliar atau tidak melebihi 20% dari modal disetor. Source: IQPlus Wijaya Karya (WIKA) menargetkan perolehan kontrak baru pada kuartal I/2020 sebesar Rp5,5 triliun, atau sekitar 8,46% dari target kontrak baru pada tahun ini. Source: Bisnis Indonesia Nippon Indosari Corpindo (ROTI) berencana melakukan buyback paling banyak 700 juta saham dengan anggaran Rp 1,05 triliun dan maksimal harga Rp 1,500 per saham. Source: Kontan Barito Pacific (BRPT) berniat melakukan pembelian kembali saham (buyback) dengan alokasi dana yang disiapkan untuk rencana buyback saham ini sebesar Rp1 triliun atau membeli sebanyak-banyaknya 2% dari modal ditempat-kan dan disetor penuh perseroan. Source: IQPlus Darma Henwa (DEWA) memenangkan tender proyek seksi II tambang leadzinc di Sumatera Utara milik PT Dairi Pri-ma Mineral (DPM) dengan nilai proyek sebesar US$ 23.5juta. Source: Investor Daily CIMB Niaga (BNGA) berencana menerbitkan Sukuk Mudharabah Berkelanjutan I CIMB Niaga Tahap III senilai Rp 1 triliun. Source: Investor Daily
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
3
World Equity Indices
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
WOR LD EQUIT Y IN D IC ES
N O T IC KER
1 INDU Index 29,568.57 21,154.46 (7,337.82) (25.71) 15.11 13.63 3.16 3.02 6,395.37 6,395.37
2 SPX Index 3,393.52 2,478.86 (750.14) (23.22) 16.33 14.48 2.73 2.56 21,355.09 21,355.09
3 CCM P Index 9,838.37 7,194.67 (1,770.80) (19.74) 27.65 19.95 3.74 3.65 11,164.57 11,164.57
4 SPTSX Index 17,970.51 12,451.12 (4,554.98) (26.69) 12.46 11.46 1.35 1.24 1,910.77 1,385.12
5 M EXBOL Index 45,955.41 35,003.49 (6,904.32) (15.86) 13.91 11.96 1.80 1.56 4,681.27 216.42
6 SX5E Index 3,867.28 2,535.89 (1,199.92) (32.04) 13.62 10.22 1.19 1.14 2,237.20 2,502.53
7 UKX Index 7,727.49 5,237.48 (2,304.96) (30.56) 15.01 9.80 1.28 1.20 1,396.61 1,762.66
8 CAC Index 6,111.41 4,025.89 (1,933.80) (32.35) 14.72 10.51 1.16 1.11 1,258.38 1,407.62
9 DAX Index 13,795.24 9,139.12 (4,087.88) (30.85) 15.92 10.16 1.12 1.06 849.89 950.69
10 IBEX Index 10,100.20 6,347.00 (3,158.30) (33.07) 14.03 8.63 0.91 0.86 400.32 447.79
11 FTSEM IB Index 25,483.05 14,894.44 (8,611.93) (36.64) 10.39 7.67 0.74 0.71 334.97 374.70
12 AEX Index 632.12 428.09 (172.48) (28.53) 14.58 12.34 1.40 1.39 577.65 646.16
13 SM I Index 11,270.00 8,168.86 (2,346.50) (22.10) 17.41 13.35 2.09 2.01 1,002.82 1,060.18
14 AS51 Index 7,197.20 4,889.40 (1,776.58) (26.58) 15.08 13.25 1.57 1.52 1,600.65 1,017.53
15 AS30 Index 7,289.70 4,959.60 (1,826.50) (26.85) 15.20 13.44 1.54 1.51 1,742.30 1,107.58
16 SHSZ300 Index 4,223.51 3,556.26 (145.67) (3.56) 14.09 11.57 1.80 1.56 31,671.00 4,505.25
17 SHASHR Index 3,444.44 2,814.01 (132.34) (4.14) 14.09 10.73 1.43 1.23 33,827.70 4,812.04
18 SZASHR Index 2,035.92 1,524.76 100.47 5.57 38.01 17.93 2.67 2.62 25,154.06 3,578.20
19 HSI Index 30,280.12 24,117.94 (3,880.68) (13.77) 9.95 9.50 1.05 0.97 15,995.64 2,055.94
20 HSCEI Index 11,881.68 9,613.34 (1,442.34) (12.91) 7.88 7.59 1.05 0.93 12,015.68 1,544.39
21 SENSEX Index 42,273.87 32,493.10 (8,475.60) (20.55) 20.06 17.72 2.56 2.48 61,323.32 826.03
22 NIFTY Index 12,430.50 9,508.00 (2,578.30) (21.19) 18.76 17.03 2.34 2.25 71,736.29 966.29
23 JCI Index 6,636.33 4,895.75 (1,403.79) (22.28) 14.91 11.45 1.40 1.58 5,687,018.13 388.48
24 LQ45 Index 1,059.65 769.64 (244.83) (24.13) 12.74 11.40 1.83 1.68 3,588,830.29 245.16
25 KSE100 Index 43,468.22 28,670.98 (4,778.39) (11.73) 8.25 5.91 1.08 0.96 5,760.04 36.21
26 NKY Index 24,115.95 17,070.52 (6,586.10) (27.84) 15.10 13.64 1.27 1.24 303,080.73 2,875.80
27 NEY Index 356.77 255.22 (94.63) (27.05) 10.80 10.47 0.83 0.81 360,622.87 3,421.79
28 TPX Index 1,747.20 1,226.35 (495.01) (28.76) 11.66 10.85 0.86 0.87 507,658.57 4,816.95
29 FBM KLCI Index 1,694.89 1,346.21 (242.35) (15.25) 15.05 14.07 1.34 1.27 913.03 213.70
30 NZSE Index 2,019.39 1,574.09 (312.73) (16.26) 25.88 22.84 1.90 1.96 140.34 86.67
31 PCOM P Index 8,419.59 5,697.13 (2,078.99) (26.60) 12.30 11.44 1.34 1.30 7,175.94 140.16
32 FSSTI Index 3,415.18 2,535.98 (685.13) (21.26) 9.83 10.81 0.87 0.83 470.65 334.67
33 KOSPI Index 2,277.23 1,684.56 (500.79) (22.79) 15.40 9.53 0.66 0.70 1,186,890.05 984.31
34 TWSE Index 12,197.64 10,180.04 (1,574.82) (13.13) 16.73 14.21 1.55 1.62 31,493.40 1,045.94
35 SET Index 1,748.15 1,095.37 (464.93) (29.43) 12.96 12.20 1.19 1.18 11,959.00 377.60
36 SET50 Index 1,164.72 712.65 (341.77) (31.99) 12.74 12.59 1.36 1.26 8,139.82 257.01
37 VNINDEX Index 1,028.97 762.12 (191.74) (19.95) 11.96 11.08 1.77 1.78 2,635,478.38 113.62
A sia/ P acif ic
A merica
52-WEEK C H A N GE YT D P ER (x) P B V (x) M A R KET C A P (B n)
Euro pe
H IGH LOW P OIN T %T railing
12M2020E
T railing
12M2020E
D o main
C urrencyUSD
4
LQ45
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
LQ45 Index
HIGH LOW POINT %Trailing
12M2020E
Trailing
12M2020E
1 ADRO IJ 830 1,715 820 (725) (46.62) 4.48 4.71 0.48 0.42 26,548,348
2 AKRA IJ 1,850 5,550 1,805 (2,100) (53.16) 10.28 8.97 0.91 0.85 7,427,186
3 ANTM IJ 490 1,175 488 (350) (41.67) 14.64 12.42 0.59 0.58 11,775,075
4 ASII IJ 4,910 8,025 4,820 (2,015) (29.10) 9.15 8.66 1.34 1.25 198,774,246
5 BBCA IJ 27,800 35,300 25,700 (5,625) (16.83) 23.99 21.43 3.94 3.50 685,409,278
6 BBNI IJ 5,025 10,250 5,000 (2,825) (35.99) 6.09 5.40 0.76 0.75 93,709,499
7 BBRI IJ 3,610 4,760 3,600 (790) (17.95) 12.85 11.36 2.14 2.02 445,278,374
8 BBTN IJ 1,305 2,750 1,305 (815) (38.44) 67.01 6.37 0.58 0.68 13,819,950
9 BMRI IJ 6,425 8,175 6,225 (1,250) (16.29) 10.91 9.84 1.47 1.47 299,833,333
10 BRPT IJ 700 1,525 598 (810) (53.64) 330.29 23.85 3.56 0.58 62,311,634
11 BSDE IJ 855 1,580 825 (400) (31.87) 5.40 6.65 0.57 0.56 16,455,925
12 BTPS IJ 3,480 5,125 2,090 (770) (18.12) 19.15 15.78 4.97 4.11 26,808,876
13 CPIN IJ 5,450 8,000 4,190 (1,050) (16.15) 24.56 26.16 4.47 4.19 89,369,100
14 CTRA IJ 725 1,335 680 (315) (30.29) 13.30 14.37 0.92 0.89 13,456,220
15 ERAA IJ 1,260 2,260 965 (535) (29.81) 11.30 13.55 0.86 0.79 4,019,400
16 EXCL IJ 1,865 3,730 1,810 (1,285) (40.79) 28.12 17.15 1.04 0.98 19,933,046
17 GGRM IJ 44,000 93,200 43,500 (9,000) (16.98) 9.13 8.55 1.79 1.71 84,659,872
18 HMSP IJ 1,550 3,860 1,545 (550) (26.19) 12.86 12.53 5.65 5.02 180,293,019
19 ICBP IJ 10,525 12,550 8,950 (625) (5.61) 24.64 24.38 5.12 5.00 122,741,582
20 INCO IJ 1,930 4,320 1,930 (1,710) (46.98) 22.64 14.61 0.67 0.65 19,177,134
21 INDF IJ 6,650 8,300 5,850 (1,275) (16.09) 11.97 12.49 1.61 1.62 58,389,836
22 ACES IJ 1,355 1,920 1,320 (140) (9.36) 23.30 22.15 5.19 4.84 23,238,250
23 INKP IJ 4,900 10,500 4,850 (2,800) (36.36) 5.89 - 0.46 - 26,807,816
24 INTP IJ 12,050 22,875 12,050 (6,975) (36.66) 26.03 26.66 1.98 1.90 44,358,842
25 ITMG IJ 8,300 24,475 8,300 (3,175) (27.67) 4.80 5.39 0.70 0.69 9,378,378
26 JPFA IJ 1,200 2,430 1,195 (335) (21.82) 7.94 7.16 1.31 1.15 14,071,890
27 JSMR IJ 3,900 6,450 3,900 (1,275) (24.64) 14.64 13.77 1.56 1.52 28,305,698
28 KLBF IJ 1,045 1,690 1,040 (575) (35.49) 19.08 19.06 3.20 3.04 48,984,503
29 LPPF IJ 2,270 4,500 2,260 (1,940) (46.08) 4.67 4.61 3.47 2.49 6,367,085
30 TBIG IJ 895 1,365 608 (335) (27.24) 28.31 22.63 5.45 5.22 20,278,015
31 MNCN IJ 1,070 1,780 725 (560) (34.36) 6.01 7.10 1.20 1.27 15,275,431
32 PGAS IJ 1,005 2,530 1,000 (1,165) (53.69) 7.69 6.85 0.64 0.61 24,362,716
33 PTBA IJ 2,060 4,260 2,010 (600) (22.56) 5.53 6.47 1.26 1.27 23,732,558
34 PTPP IJ 785 2,550 745 (800) (50.47) 4.16 4.10 0.37 0.36 4,866,919
35 PWON IJ 412 815 372 (158) (27.72) 6.81 7.53 1.38 1.35 19,841,756
36 SCMA IJ 825 1,870 805 (585) (41.49) 9.88 9.31 2.33 2.30 12,189,105
37 SMGR IJ 8,025 14,450 8,025 (3,975) (33.13) 20.83 23.42 1.53 1.48 47,600,448
38 SRIL IJ 173 372 173 (87) (33.46) 2.76 2.36 0.41 - 3,538,227
39 TKIM IJ 6,250 13,475 5,575 (4,025) (39.17) 8.82 - 0.96 - 19,457,647
40 TLKM IJ 3,310 4,500 3,270 (660) (16.62) 16.19 15.88 3.29 3.07 327,895,937
41 TOWR IJ 720 900 600 (85) (10.56) 17.64 16.33 4.29 4.03 36,730,530
42 UNTR IJ 15,200 28,900 15,175 (6,325) (29.38) 5.01 5.53 0.97 0.86 56,698,054
43 UNTR IJ 15,200 28,900 15,175 (6,325) (29.38) 5.01 5.53 0.97 0.86 56,698,054
44 WIKA IJ 1,145 2,500 1,145 (845) (42.46) 4.62 5.00 0.65 0.65 10,270,594
45 WSKT IJ 645 2,230 645 (840) (56.57) 6.31 3.53 0.48 0.42 8,755,198
MARKET CAP
(Mn)LQ45 Index
CHANGE YTD PER (x) PBV (x)
12-Mar-20
52-WEEK
5
Macro data
Source: Bloomberg, Sinarmas Investment Research
D escript io n 1-D ay (%) 5-D ays (%) 1-M o nth (%) YT D (%)
Property (5.01) (15.30) (18.09) (27.44)
Basic Industry (8.48) (17.77) (23.03) (33.30)
Trade (4.21) (10.54) (13.31) (21.24)
Finance (5.45) (13.32) (18.07) (18.55)
M iscellaneous Industry (4.17) (16.71) (16.22) (27.56)
Consumer (3.11) (7.81) (10.91) (17.45)
Infrastructure (4.19) (15.53) (16.12) (24.15)
Agriculture (5.71) (16.51) (22.39) (34.27)
M ining (5.60) (13.25) (15.92) (23.23)
F eb-20 Jan-20
0.66 3.61
2.98 2.68
0.28 0.39
130.40 131.70
F OR EX Spo t R ate 1-D ay (%) 1-M o nth (%) YT D (%)
USD/IDR 14,640.00 - (6.46) (5.29)
USD/CNY 7.03 (0.99) (0.82) (0.95)
USD/EUR 0.90 0.12 (2.97) 0.37
USD/JPY 105.02 (0.36) 4.57 3.42
USD/SGD 1.41 (0.16) (1.58) (4.66)
USD/AUD 1.59 (0.97) 6.72 11.44
USD/GBP 0.80 0.29 4.08 5.79
( in %)
5.41
0.52
1.46
6.38
7.28
7.73
Inflation M oM (in %)
Foreign Reserves (in USD bn)
Secto rs
Eco no mic Indicato rs
Inflation YTD (in %)
Eco no mic P arameters
Inflation YoY (in %)
Indonesia 5-Year Government Bonds Yield
Indonesia 10-Year Government Bonds Yield
Indonesia 15-Year Government Bonds Yield
Lending and D epo sit R ates
JIBOR (in IDR)
LIBOR (in GBP)
SIBOR ( in USD)
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Technical Corner
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
JCI : MELEMAH
Last price : 4.895
Support : 4.835, 4.795
Resistance : 4.940, 5.022
JCI pada hari ini kami perkirakan akan bergerak MELEMAH dengan range 4.795 - 4.940. JCI breakdown
Support Trendline 4.940, berpeluang melanjutkan pelemahan dengan menguji Support 4.890 dan 4.835. Namun,
jika JCI bertahan diatas 4.940, berpeluang mencoba Resistance 4.971 dan 5.022. Indikator Stoc osc dan MACD
masih membentuk pola Oversold.
Jakarta Composite Index (JCI)
Summary of portfolio:Stock Recommendation Comment
BBRI REDUCE BBRI berhasil break Support 3.780 sebagai level Stop Loss, BBRI masihberpeluang melanjutkan pelemahan dengan menguji Support 3.580 dan 3.520.
INDF HOLD Entry point 6.750 (12/3) sudah tercapai. INDF belum berhasil bertahan diatas6.750, berpeluang melanjutkan pelemahan dengan menguji Support 6.500 dan
6.350.
BMRI REDUCE Entry point 6.825 (11/3) sudah tercapai, BMRI belum berhasil bertahan diatasSupport 6.875, berpeluang melanjutkan pelemahan dengan menguji Support
6.775 dan 6.700.
TLKM REDUCE TLKM breakdown Support 3.420, berpeluang melanjutkan pelemahan denganmenguji Support 3.370 dan 3.340.
BBRI : REDUCE
Last price : 3.610Stop loss : 3.780 (-2.6%)
BBRI berhasil break Support 3.780 sebagai level Stop Loss, BBRI masih berpeluang melanjutkan pelemahan denganmenguji Support 3.580 dan 3.520. Indikator MACD mengindikasikan pola Oversold dan Stoc osc mengindikasikan polaDowntrend.
INDF : HOLD
Last price : 6.650Target price : 7.100 (5.2%)Stop loss : 6.500 (-3.7%)
Entry point 6.750 (12/3) sudah tercapai. INDF belum berhasil bertahan diatas 6.750, berpeluang melanjutkanpelemahan dengan menguji Support 6.500 dan 6.350. Namun, Jika INDF bertahan diatas Resistance 6.750, akanmencoba Resistance 6.800 dan 6.900. INDF dilihat dari Indikator MACD mengindikasikan pola Sideways dan Stoc osc.mengindikasikan pola Reversal.
Support : 3.580, 3.520Resistance : 3.660, 3.750
Support : 6.500, 6.350Resistance : 6.800, 6.900
Indofood Sukses Makmur Tbk (INDF)
Bank Rakyat Indonesia (Persero) Tbk (BBRI)
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
Bank Mandiri (Persero)Tbk (BMRI)
Telekomunikasi Indonesia (Persero) Tbk (TLKM)
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
BMRI : REDUCE
Last price : 6.425Stop loss : 6.550 (-3.3%)
Entry point 6.825 (11/3) sudah tercapai, BMRI belum berhasil bertahan diatas Support 6.875, berpeluang melanjutkanpelemahan dengan menguji Support 6.775 dan 6.700. Namun, jika BMRI bertahan diatas 6.875, akan mencobaResistance 6.950 dan 7.075. BMRI dilihat dari Indikator MACD dan indikator Stoc osc mengindikasikan pola Oversold.
TLKM : REDUCE
Last price : 3.310Stop loss : 3.310 (-3.2%)
TLKM breakdown Support 3.420, berpeluang melanjutkan pelemahan dengan menguji Support 3.370 dan 3.340.Namun, jika TLKM bertahan diatas Resistance 3.420 berpeluang mencoba Resistance 3.470 dan 3.550. TLKM dilihatdari Indikator MACD dan Stoc osc mengindikasikan pola Downtrend.
Support : 6.775, 6.700Resistance : 6.950, 7.075
Support : 3.370, 3.340Resistance : 3.470, 3.550
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