See important disclaimer at the end of this report
Wednesday, May 09, 2018
ID X Statistics
7,000
Volume
6,000
5,000
4,000
3,000
JCI Index
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
C lo sing
JCI
5,774.72
Transaction Value Regular M arket (IDR tn)
5.473
Transaction Volume Regular M arket (mn shares)
5,707
Foreign Net Buy (Sell) (IDR bn)
Foreign Net Buy (Sell)
(2.68)
Total M arket Capitalization (IDR tn)
Other Indices
I HSG t u ru n se b a n ya k 1 1 0 .4 p o in (1 .8 8 % ) ke le ve l 5 7 7 4 .7 2 .
Se m e n t a ra LQ4 5 t u ru n se b a n ya k 2 0 .5 p o in (2 .1 8 % ) ke le ve l
9 2 0 .5 4 . Fo re ig n n e t se ll se b e sa r Rp 1 8 0 .9 m ilia r.
(181)
6,446.83
C lo sing
LQ45
920.54
1-D ay C hg (%)
(2.18)
YT D
C hg (%)
(14.72)
EIDO
24.10
(1.31)
(15.23)
IDX
21.27
(1.44)
(14.37)
24,360.21
0.01
(1.45)
S&P 500
2,671.92
(0.03)
(0.06)
NASDAQ
7,266.90
0.02
5.27
DOW JONES
Toda y’s M a r k e t :
FTSE
7,565.75
(0.02)
(1.59)
•
NIKKEI
22,508.69
0.18
(1.13)
HANG SENG
I HSG diperkirakan bergerak m ixed. Bursa AS dit ut up
m ixed pada perdagangan Selasa ( 08/ 05) dit engah concern
t erhadap kondisi geopolit ical ant ara US dan I ran. Mat a
uang r upiah bergerak m elem ah t erhadap dollar AS di level
Rp 14,004. Harga crude oil naik ke level USD 70.27 per
barrel, dan harga bat ubara naik ke level 101 per j ut a t on.
10Yr Governm ent Bonds Yield naik ke level 7.27% .
•
•
•
•
Dari dalam negeri, Bank I ndonesia ( BI ) m encat at , nilai
cadangan devisa per akhir April 2018 t urun US$ 1,1 m iliar
m enj adi US$ 124,9 m iliar. Bulan sebelum nya, cadangan
devisa I ndonesia senilai US$ 126 m iliar.
Dari pasar obligasi, lelang SUN hari Selasa ( 08/ 05) kem arin dibat alkan oleh pem erint ah seiring dengan t ingkat
im bal hasil yang dinilai kurang waj ar. Hal ini dapat m enj adi sent im en negat if unt uk nilai t ukar m at a uang Rupiah.
Kam i m em perkirakan im bal hasil obligasi akan cenderung
unt uk m eningkat di t ahun ini, dim ana hari ini sendiri 10 year governm ent yields m eningkat ke level 7.39% .
30,402.81
1.36
1.62
STRAITS TIM ES
3,543.17
0.29
4.12
KLSE
1,846.51
1.00
2.77
C urrency Spo t R ate
1-D ay C hg (%)
YT D
C hg (%)
USD/IDR
14,004.00
0.00
EUR/IDR
16,660.99
(0.31)
2.59
JPY/IDR
128.63
0.03
6.30
SGD/IDR
10,476.05
(0.15)
3.16
AUD/IDR
10,443.95
(0.84)
(1.35)
GBP/IDR
19,031.72
0.12
3.77
C o mmo dities
Last
T ransactio n
P rice
3.54
YT D
C hg (%)
Crude Oil (USD/barrel)
70.27
7:57:24 AM
Coal (USD/mn tons)
101.00
5/8/2018
0.20
2.74
7:53:55 AM
(7.28)
Natural Gas (USD/mmBtu)
Sehubungan dengan em it en, Medco Energi I nt ernasional
( MEDC) m engum um kan pem bangkit list rik t enaga panas
bum i ( PLTP) Sarulla Unit 3 t elah m ulai beroperasi secara
kom ersial. Dengan beroperasinya unit ket iga ini, kapasit as
PLTP Sarulla m enj adi 330 m ega wat t ( MW) dan m erupakan proyek panas bum i dengan kont rak t unggal t erbesar di dunia.
R ate (ID R )
Gold (USD/ounce)
16.30
1,311.89
8:07:26 AM
0.71
Nickel (USD/mn tons)
13,875.00
8:07:07 AM
8.74
Tins (USD/mn tons)
20,985.00
8:05:55 AM
4.79
2,359.00
5/8/2018
(3.48)
Rubber (JPY/kg)
178.50
7:40:10 AM
(13.10)
Wheat (USD/bushel)
517.75
5/8/2018
21.25
Corn (USD/bushel)
395.50
5/8/2018
12.76
CPO (M YR/mn tons)
Secara t eknikal indeks har i Rabu ( 09/ 05) , I HSG diprediksi
bergerak di kisaran 5753 - 5950.
BoW : BBN I , BRPT, I N CO, SM GR
w w w .sina r m a sse k ur it a s.co.id
Source: Bloomberg, Sinarmas Investment Research
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
1
D a ily Cor por a t e a nd I n du st r y N e w s
Bank I ndonesia ( BI ) m encat at , nilai cadangan devisa per akhir April 2018 t urun US$ 1,1 m iliar m enj adi US$ 124,9
m iliar. Bulan sebelum nya, cadangan devisa I ndonesia senilai US$ 126 m iliar. Source: Kont an
Nilai t ukar rupiah kem bali m elem ah ke level Rp14.054 per dolar AS di 9 Mei 2018 set elah sehari sebelum nya m enem bus level psikologis Rp14.001 per dolar AS. Ot orit as m onet er m em beri sinyal unt uk m enaikkan suku bunga
acuan dalam rapat bulanan Dewan Gubernur pada pekan depan. Deput i Gubernur Senior Bank I ndonesia Mirza Adit yaswara m enj elaskan AS dipast ikan m enaikkan suku bunga pada Juni. Source: Bisnis I ndonesia
Trum p m engum um kan AS akan m undur dari I ran nuclear deal dan m engem balikan sanksi t erhadap I ran yang akan
berdam pak t erhadap pengurangan supply oil di m arket . Source: CNBC
Pem erint ah kem bali m enggelar lelang 5 seri SUN di 8 Mei 2018 dengan t arget Rp17 t riliun hingga Rp25,5 t riliun nam un, perm int aan invest or hanya Rp7,19 t riliun Sepinya perm int aan invest or j uga diikut i oleh t ingginya t ingkat yield
yang dim int a. Sebagai cont oh, seri SPN12190510 t enor 1 t ahun t ingkat yield yang dim int a ant ara 6% hingga 7% .
Source: Bisnis I ndonesia
Kem ent erian Perhubungan ( Kem enhub) m em prediksi pert um buhan penum pang angkut an udara pada m asa Angkut an Lebaran Tahun 2018 bisa m elebihi 9% dibanding periode yang sam a t ahun lalu. Hal it u seiring dengan m em baiknya perekonom ian m asyarakat . Source: I nvest or Daily
I ndust ri m anufakt ur nasional t um buh 4,5% pada kuart al I - 2018, naik t ipis dibandingkan periode sam a t ahun lalu
4,21% . Hal it u, m enurut Ment eri Perindust rian ( Menperin) Airlangga Hart art o, disebabkan oleh beberapa fakt or,
sepert i m em baiknya indeks m anaj er pem belian ( purchasing m anagers index/ PMI ) , peningkat an produksi, sert a kenaikan harga kom odit as. Source: I nvest or Daily
Bank Mandiri ( BMRI ) m enarget kan kredit m ikro t um buh 36% di akhir t ahun ini. Target ini lebih t inggi dibandingkan
dengan pencapaian sebesar 22% di t ahun 2017. Sebelum nya BMRI m encat at realisasi kredit m ikro m encapai Rp
85,6 t riliun per kuart al I - 2018, at au naik 22,6% dibandingkan posisi kuart al I - 2017, yait u Rp 69,8 t riliun. Source:
Kont an
Bank UOB I ndonesia ( UOB I ndonesia) m eluncurkan kart u kredit YOLO ( You Only Live Once) yang dit uj ukan unt uk
m em enuhi kebut uhan segm en m ilenial I ndonesia usia 21 - 35 t ahun yang sudah m andiri secara keuangan. Source:
I QPlus
Medco Energi I nt ernasional ( MEDC) m engum um kan pem bangkit list rik t enaga panas bum i ( PLTP) Sar ulla Unit 3 t elah
m ulai beroperasi secara kom ersial. Dengan beroperasinya unit ket iga ini, kapasit as PLTP Sarulla m enj adi 330 m ega
wat t ( MW) dan m erupakan proyek panas bum i dengan kont rak t unggal t erbesar di dunia. Source: I nvest or Daily
Aneka Tam bang ( ANTM) m enyat akan produksi feronikel m encapai 6.088 t on nikel dalam feronikel ( TNi) dari fasilit as
pengolahan dan pem urnian ( sm elt er) nikel di Pom ala, Sulawesi Tenggara. Realisasi t ersebut m erupakan capaian produksi pada kuart al pert am a 2018. Source: I nvest or Daily
ABM I nvest am a ( ABMM) m em ast ikan segera m erealisasikan rencana akuisisi m inim al sat u t am bang baru dari lim a
t am bang yang t engah dij aj aki perseroan. Adapun unt uk akuisisi beberapa t am bang, perseroan m eraih kom it m en
pendanaan senilai US$ 350 j ut a, belum t erm asuk dukungan dari kas int ernal. Source: I nvest or Daily
Eraj aya Swasem bada ( ERAA) m encat at kan saham baru hasil privat e placem ent at au penam bahan m odal t anpa hak
m em esan efek t erlebih dahulu ( PMTHMETD sebanyak 290 j ut a saham ( 10% saham ) di harga pelaksanaan Rp 1.054
per saham . Dari aksi korporasi t ersebut , ERAA m engant ongi dana senilai Rp 305,66 m iliar. Source: Kont an
Mit ra Pinast hika Must ika ( MPMX) berencana m elepas anak usaha bernam a PT Federal Karyat am a at au Federal Karyat am a dengan m enj ual 423.590 saham Federal Karyat am a ke Esso Pet roleum dan sem bilan saham Federal Karyat am a kepada ExxonMobil. Source: Kont an
w w w .sina r m a sse k ur it a s.co.id
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
2
D a ily Cor por a t e a nd I n du st r y N e w s
Wij aya Karya Bet on ( WI KA) berhasil m engant ongi kont rak baru sebesar Rp 2,05 t riliun. Pencapaian t ersebut set ara
27,1% dari t ot al t arget t ahun ini sebesar Rp 7,56 t riliun. Sem ent ara dibandingkan periode yang sam a t ahun 2017,
pencapaian kont rak baru t ersebut t um buh 15,5% . Source: Kont an
Hanson I nt ernat ional ( MYRX) segera susun am dal Serpong —Maj a. Progres t erkini, perusahaan m asih dalam pengum pulan dokum en yang diperlukan unt uk m endapat kan perset uj uan Ment eri Pekerj aan Um um dan Perum ahan Rakyat .
Rencananya proyek j alan t ol t ersebut akan m em iliki panj ang 30 kilom et er dengan perkiraan biaya invest asi Rp3 t riliun—Rp5 t riliun. Source: Bisnis I ndonesia
PT MNC St udios I nt ernat ional ( MNCS) siap m enawar kan saham perdana at au init ial public offering ( I PO) . Anak usaha
Grup MNC ini akan m erilis 1,56 m iliar saham at au 30% dari m odal yang dikeluarkan dan diset or penuh dengan kisaran harga Rp 500 - Rp 650 per saham . Dana I PO akan digunakan unt uk m engakuisisi bisnis channels, pelusanan
MTN syariah I j arah I , m em bent uk rum ah produksi, dan m engem bangkan m ovie land kawasan lido. Source: Kont an
PT Jaya Bersam a I ndo berencana m elakukan penawaran um um perdana ( init ial public offering/ I PO) saham dalam
rangka m em percepat pert um buhan ekspansi gerai. Perusahaan rest oran chinese food dengan brand The Duck King
t ersebut berencana m em ulai pem bukaan sat u gerai di luar negeri akhir t ahun ini. Source: I nvest or Daily
Sarana Menara Nusant ara ( TOWR) berencana m elakukan st ock split dengan rasio 1: 5. Source: Bisnis I ndonesia
Mit ra Pinast hika Must ika ( MPMX) berdasarkan hasil rapat um um pem egang saham ( RUPS) m enyepakat i pem bagian
t ot al dividen t unai t ahun buku 2017 sebesar Rp 443 m iliar. Tot al dividen 2017 MPMX m elebihi pencapaian laba bersih
t ahun lalu yang t ercat at Rp 384,4 m iliar at au 115,24% dari laba bersih. Source: Kont an
w w w .sina r m a sse k ur it a s.co.id
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
3
W or ld Equ it y I n dices
W O R L D E Q U IT Y IN D IC E S
NO
T IC K E R
A m e r ic a
52-WEEK
H IG H
C H A N GE YTD
LO W
P O IN T
%
P E R ( x)
2 0 17
P B V ( x)
2 0 18 E
2 0 17
M A R KE T C A P (B n)
2 0 18 E
D o m a in
C urre nc y
US D
1
IN D U Index
26,616.71
20,553.45
(359.01)
(1.45)
20.60
16.14
3.88
3.91
6,722.92
6,722.92
2
SP X Index
2,872.87
2,352.72
(1.69)
(0.06)
22.43
16.90
3.30
3.37
23,557.74
23,557.74
3
C C M P Index
7,637.27
5,996.82
363.51
5.27
37.57
21.95
3.80
3.92
11,384.30
11,384.30
4
SP T SX Index
16,421.42
14,785.78
(366.42)
(2.26)
19.80
15.64
1.91
1.93
2,421.37
1,868.49
5
M EXB O L Index
51,772.37
45,785.41
(2,634.91)
(5.34)
19.67
16.37
2.65
2.54
5,701.51
291.20
E uro pe
6
SX5E Index
3,708.82
3,261.86
53.92
1.54
18.31
14.24
1.63
1.69
2,965.54
3,523.06
7
UKX Index
7,792.56
6,866.94
(122.02)
(1.59)
23.14
14.00
1.97
2.00
2,102.19
2,847.62
8
C A C Index
5,567.03
4,995.07
209.37
3.94
18.20
15.04
1.61
1.66
1,570.88
1,866.21
9
D A X Index
13,596.89
11,726.62
(0.04)
19.08
13.40
1.86
1.91
1,201.93
1,427.89
10
IB EX Index
11
F T SEM IB Index
12
13
(5.43)
11,135.10
9,327.60
124.20
1.24
15.08
13.36
1.47
1.53
646.19
767.68
24,544.26
20,537.35
2,289.20
10.48
27.42
13.22
1.18
1.23
555.55
659.99
A EX Index
572.81
505.92
13.93
2.56
18.93
15.85
1.90
1.92
672.52
798.95
SM I Index
9,616.38
8,501.17
(4.66)
24.59
15.57
2.59
2.62
1,088.18
1,086.44
0.44
17.90
16.26
2.09
2.16
1,790.35
1,334.53
(436.97)
A s ia / P a c if ic
14
A S51 Index
6,150.00
5,629.80
26.76
15
A S30 Index
6,256.50
5,670.70
15.95
0.26
18.90
16.75
2.00
2.07
1,948.69
1,452.55
16
SH SZ 300 Index
4,403.34
3,312.89
(152.18)
(3.78)
16.57
12.95
2.05
2.03
28,855.56
4,529.42
17
SH A SH R Index
3,757.20
3,158.89
(152.38)
(4.40)
16.88
12.44
1.79
1.79
32,530.86
5,106.32
(65.88)
18
SZ A SH R Index
2,140.56
1,734.00
(3.32)
29.07
20.06
3.12
3.10
23,084.28
3,623.51
19
H SI Index
33,484.08
24,548.97
483.66
1.62
13.70
11.74
1.39
1.38
19,700.94
2,509.83
20
H SC EI Index
13,962.53
9,960.24
435.49
3.72
9.15
8.01
1.05
1.05
12,664.70
1,613.44
36,443.98
29,911.44
1,159.49
3.40
24.53
18.48
3.11
3.24
62,017.38
924.60
11,171.55
9,307.70
187.10
1.78
23.76
17.86
3.11
3.21
77,496.38
1,155.37
6,693.47
5,577.52
(580.94)
(9.14)
24.55
14.71
2.58
2.32
6,446,830.08
459.14
1,132.92
912.58
(158.85)
(14.72)
21.08
15.33
3.39
3.04
4,102,072.06
292.15
21
SEN SEX Index
22
N IF T Y Index
23
J C I Index
24
LQ 45 Index
25
KSE100 Index
53,127.24
37,736.73
8.88
9.00
9.63
1.47
1.37
7,762.07
67.04
26
N KY Index
24,129.34
19,239.52
(256.25)
(1.13)
19.39
16.33
1.89
1.95
392,738.37
3,601.12
27
N EY Index
376.09
308.19
(7.88)
(2.20)
16.02
13.81
1.38
1.41
445,945.15
4,088.99
28
T P X Index
1,911.31
1,547.99
(37.74)
(2.08)
16.34
14.11
1.41
1.44
670,704.58
6,149.87
29
F B M KLC I Index
1,896.03
1,708.48
49.70
2.77
16.40
16.46
1.67
1.66
1,119.84
280.59
30
N Z SE Index
1,539.52
1,351.24
18.03
1.19
19.27
22.45
2.03
1.96
125.47
87.49
3,595.48
31
P C O M P Index
9,078.37
7,499.26
(980.85)
(11.46)
22.99
16.93
2.51
2.41
9,381.55
180.57
32
F SST I Index
3,641.65
3,189.70
140.25
4.12
11.12
14.08
1.22
1.23
587.64
438.47
33
KO SP I Index
2,607.10
2,244.23
(17.68)
(0.72)
13.42
9.54
1.05
1.06
1,580,175.36
1,466.56
34
T WSE Index
11,270.18
9,895.65
48.52
0.46
15.56
13.82
1.75
1.69
31,826.46
1,068.72
35
SET Index
1,852.51
1,531.68
6.54
0.37
18.91
16.01
2.08
2.09
17,650.60
552.65
36
SET 50 Index
1,223.67
976.94
26.32
2.32
17.53
15.82
2.26
2.26
11,922.40
373.30
Source: Bloomberg, Sinarmas Investment Research
w w w .sina r m a sse k ur it a s.co.id
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
4
LQ4 5
L Q 4 5 In d e x
5 2 -W E E K
L Q 4 5 In d e x
C H A N G E Y TD
P E R (x )
P B V (x )
8 -M a y -1 8
H IG H
LOW
P O IN T
%
2017
2018E
2017
2018E
1
# N / A R e q u e s# tNi n
/ Ag IDn av taal i.d. . S e c #uNr i/tAy I n v a l i#dN S/ eA cI u
n rviat yl i d# VS Ae Lc U
u rEi!t#yN #/ A
V AI nL vUaEl!i#dN S/ eA cI u
n rviat yl i#dN S/ eA cI u
n rviat yl i#dN S/ eA cI u
n rviat yl i d S e c u r i t y
2
A D R O IJ
1 ,6 2 5
2 ,6 5 0
1 ,3 9 5
(2 3 5 )
(1 2 . 6 3 )
9 .0 6
3
A K R A IJ
4 ,5 1 0
8 ,0 2 5
4 ,4 8 0
(1 , 8 4 0 )
(2 8 . 9 8 )
2 8 .1 1
4
A N TM IJ
790
960
595
5
A S II IJ
6 ,9 5 0
9 ,1 5 0
6 ,8 2 5
165
(1 , 3 5 0 )
125
2 6 .4 0
-
7 .2 3
1 .2 6
1 .0 0
M A R K ET C A P
(B n )
#V A L U E!
5 1 ,9 7 7 .1 9
1 6 .2 6
3 .3 7
2 .1 3
1 8 ,1 0 6 .2 7
5 1 .8 7
0 .8 1
1 .0 5
1 8 ,9 8 4 .3 0
(1 6 . 2 7 )
1 7 .8 2
1 3 .4 3
2 .7 2
2 .0 4
2 8 1 ,3 6 0 .6 9
6
B B C A IJ
2 2 ,0 2 5
2 4 ,7 0 0
1 6 ,8 0 0
0 .5 7
2 3 .1 7
2 0 .8 3
4 .1 1
3 .6 3
5 4 3 ,0 2 6 .5 8
7
B B N I IJ
7 ,3 2 5
1 0 ,1 7 5
6 ,3 5 0
(2 , 5 7 5 )
(2 6 . 0 1 )
1 3 .5 6
8 .6 4
1 .8 7
1 .2 7
1 3 6 ,6 0 1 .4 1
8
B B R I IJ
3 ,0 7 0
3 ,9 2 0
2 ,7 3 5
(5 7 0 )
(1 5 . 6 6 )
1 5 .3 4
1 1 .4 1
2 .6 7
2 .0 1
3 7 8 ,6 7 1 .6 4
9
B B TN IJ
2 ,7 8 0
3 ,8 9 0
2 ,3 0 0
(7 9 0 )
(2 2 . 1 3 )
1 2 .4 9
8 .1 6
1 .7 5
1 .2 0
2 9 ,4 4 0 .2 0
10
B J B R IJ
2 ,0 6 0
2 ,9 9 0
1 ,9 2 0
(3 4 0 )
(1 4 . 1 7 )
1 9 .2 0
1 3 .1 8
2 .3 1
1 .8 4
1 9 ,9 7 4 .3 6
11
B M R I IJ
6 ,8 0 0
9 ,0 5 0
5 ,9 0 0
(1 , 2 0 0 )
(1 5 . 0 0 )
1 8 .0 9
1 2 .7 5
2 .2 4
1 .6 6
3 1 7 ,3 3 3 .3 3
12
B M TR IJ
540
755
478
(5 0 )
(8 . 4 7 )
0 .8 8
-
13
B R P T IJ
2 ,3 0 0
2 ,7 2 0
1 ,3 7 5
40
1 .7 7
-
-
7 ,6 6 7 .2 6
2 2 .3 4
1 8 .2 0
2 .1 6
1 .1 7
3 2 ,1 0 7 .5 1
14
B S D E IJ
1 ,4 8 5
1 ,9 6 5
1 ,4 6 5
(2 1 5 )
(1 2 . 6 5 )
6 .6 2
9 .1 6
1 .2 9
1 .0 4
2 8 ,5 8 1 .3 4
15
B U M I IJ
244
412
166
(2 6 )
(9 . 6 3 )
2 .5 7
2 .9 0
-
-
1 5 ,9 5 2 .4 6
16
EX C L IJ
1 ,7 9 0
4 ,0 6 0
1 ,7 7 5
(1 , 1 7 0 )
(3 9 . 5 3 )
8 5 .1 6
2 1 .8 5
1 .4 6
0 .8 6
1 9 ,1 3 1 .4 5
17
G G R M IJ
6 7 ,8 0 0
8 6 ,4 0 0
6 1 ,9 2 5
(1 6 , 0 0 0 )
(1 9 . 0 9 )
2 0 .8 0
1 5 .5 3
3 .8 2
2 .8 2
1 3 0 ,4 5 3 .1 7
18
H M S P IJ
3 ,4 0 0
5 ,5 5 0
3 ,2 3 0
(1 , 3 3 0 )
(2 8 . 1 2 )
4 3 .5 4
2 8 .8 3
1 6 .1 3
1 1 .1 1
3 9 5 ,4 8 1 .4 6
2 7 .3 1
19
IC B P IJ
8 ,4 5 0
9 ,2 7 5
7 ,9 0 0
(4 5 0 )
(5 . 0 6 )
20
IN C O IJ
3 ,1 2 0
3 ,8 9 0
1 ,8 3 5
230
7 .9 6
21
IN D F IJ
6 ,2 0 0
9 ,0 0 0
6 ,2 0 0
22
IN D Y IJ
3 ,5 7 0
4 ,6 3 0
735
3 .5 0
6 .5 2
1 .2 7
1 .2 7
1 8 ,6 0 0 .3 9
23
IN TP IJ
1 6 ,7 0 0
2 3 ,9 5 0
1 5 ,5 5 0
(5 , 2 5 0 )
(2 3 . 9 2 )
4 3 .4 5
2 8 .6 7
3 .2 9
2 .3 5
6 1 ,4 7 6 .5 7
24
J S M R IJ
4 ,0 2 0
6 ,7 7 5
4 ,0 1 0
(2 , 3 8 0 )
(3 7 . 1 9 )
2 1 .1 1
1 4 .5 7
3 .0 8
1 .6 9
2 9 ,1 7 6 .6 4
25
K L B F IJ
1 ,4 5 5
1 ,7 9 5
1 ,3 9 0
(2 3 5 )
(1 3 . 9 1 )
3 2 .9 6
2 6 .4 2
5 .9 6
4 .6 2
6 8 ,2 0 3 .3 0
26
L P K R IJ
396
845
390
(9 2 )
(1 8 . 8 5 )
1 8 .0 9
9 .2 3
0 .4 9
0 .4 4
9 ,1 4 2 .5 2
27
L P P F IJ
8 ,7 2 5
1 5 ,9 5 0
8 ,4 7 5
(1 , 2 7 5 )
(1 2 . 7 5 )
1 5 .2 9
1 2 .1 5
1 2 .5 3
6 .6 9
2 5 ,4 5 8 .8 4
28
M N C N IJ
1 ,3 2 0
2 ,0 5 0
1 ,2 0 0
35
2 .7 2
1 1 .7 8
1 0 .8 3
1 .8 6
1 .7 3
1 8 ,8 4 4 .4 6
29
M YR X IJ
135
198
101
25
2 2 .7 3
-
-
1 1 ,7 0 4 .9 3
(1 , 4 2 5 )
510
(1 8 . 6 9 )
1 6 .6 7
1 6 .1 7
-
2 3 .7 4
5 .3 1
4 .5 6
9 8 ,5 4 3 .1 2
1 4 .8 1
1 .1 6
1 .4 4
3 1 ,0 0 1 .3 8
1 1 .8 8
2 .1 5
1 .5 9
5 4 ,4 3 8 .6 4
-
30
P G A S IJ
1 ,8 0 0
2 ,8 6 0
1 ,3 6 5
50
2 .8 6
2 0 .7 7
9 .1 6
0 .9 9
0 .9 1
4 3 ,6 3 4 .7 1
31
P TB A IJ
3 ,2 6 0
3 ,5 7 0
1 ,8 1 0
800
3 2 .5 2
5 .7 9
8 .2 0
1 .9 1
2 .2 0
3 7 ,5 5 7 .3 5
32
P TP P IJ
2 ,0 9 0
3 ,3 7 0
2 ,0 6 0
(5 5 0 )
(2 0 . 8 3 )
1 1 .2 6
7 .3 1
1 .4 3
1 .0 3
1 2 ,9 5 7 .7 9
33
P W O N IJ
545
725
535
(1 4 0 )
(2 0 . 4 4 )
1 7 .6 2
1 1 .6 7
3 .2 0
2 .1 0
2 6 ,2 4 6 .9 8
34
S C M A IJ
2 ,4 0 0
3 ,0 1 0
1 ,9 3 5
(8 0 )
(3 . 2 3 )
2 7 .2 4
2 0 .9 1
9 .3 0
7 .2 5
3 5 ,0 9 1 .8 4
35
S M G R IJ
8 ,9 7 5
1 1 ,7 7 5
8 ,6 0 0
(9 2 5 )
(9 . 3 4 )
2 9 .1 4
2 3 .0 8
2 .0 3
1 .7 5
5 3 ,2 3 5 .3 9
36
S R IL IJ
328
414
296
(5 2 )
(1 3 . 6 8 )
37
S S M S IJ
1 ,2 5 0
1 ,7 9 5
1 ,2 1 5
(2 5 0 )
(1 6 . 6 7 )
1 8 .1 5
1 2 .0 2
3 .5 4
2 .5 6
1 1 ,9 0 6 .2 5
38
TL K M IJ
3 ,6 2 0
4 ,7 9 6
3 ,4 8 8
(7 7 9 )
(1 7 . 7 1 )
1 9 .6 8
1 5 .3 1
4 .7 0
3 .4 8
3 6 4 ,8 9 5 .9 9
39
TP IA IJ
6 ,1 5 0
6 ,6 7 5
4 ,1 4 0
150
2 .5 0
2 3 .8 1
2 1 .9 0
4 .7 4
4 .3 6
1 0 9 ,6 7 6 .1 5
40
TR A M IJ
328
432
69
130
6 5 .6 6
-
-
41
U N TR IJ
3 2 ,2 5 0
4 0 ,5 0 0
2 2 ,8 7 5
(3 , 1 5 0 )
(8 . 9 0 )
1 7 .8 4
1 3 .0 8
2 .9 1
2 .3 5
1 2 0 ,2 9 6 .8 6
42
U N V R IJ
4 7 ,0 5 0
5 8 ,1 0 0
4 4 ,5 5 0
(8 , 8 5 0 )
(1 5 . 8 3 )
6 0 .8 9
4 6 .9 0
8 2 .4 4
6 2 .7 3
3 5 8 ,9 9 1 .5 0
43
W IK A IJ
1 ,2 5 0
2 ,4 2 0
1 ,2 3 5
(3 0 0 )
(1 9 . 3 5 )
1 1 .5 5
7 .7 6
1 .1 7
0 .8 0
1 1 ,2 1 2 .4 4
44
W S B P IJ
360
510
336
(4 8 )
(1 1 . 7 6 )
1 0 .5 6
7 .3 9
1 .4 7
1 .0 4
9 ,4 9 0 .0 2
W S K T IJ
1 ,9 2 0
3 ,1 5 0
1 ,7 7 5
(2 9 0 )
(1 3 . 1 2 )
7 .3 8
6 .1 2
2 .1 4
1 .4 2
2 6 ,0 6 1 .8 9
45
7 .6 6 #N /A N /A
-
-
1 .1 8 #N /A N /A
6 ,7 0 8 .3 1
1 6 ,2 7 9 .0 9
Source: Bloomberg, Sinarmas Investment Research
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Se e im por t a n t discla im e r a t t he e nd of t his r e por t
5
M a cr o da t a
S e c t o rs
D e s c ript io n
1- D a y ( %)
5 - D a ys ( %)
1- M o nt h ( %)
Y T D ( %)
P ro perty
(2.37)
(6.95)
(13.13)
(10.38)
B asic Industry
(2.64)
(3.97)
(0.49)
9.77
Trade
(1.92)
(4.45)
(5.54)
(5.03)
Finance
(0.36)
(3.16)
(7.44)
(9.39)
M iscellaneo us Industry
(1.69)
(2.08)
(7.01)
(12.22)
Co nsumer
(2.54)
(2.30)
(9.15)
(16.52)
Infrastructure
(3.77)
(5.41)
(8.63)
(15.56)
A griculture
(1.81)
(5.43)
(11.47)
(4.86)
M ining
(1.91)
(3.44)
(7.63)
8.41
A pr- 18
M a r- 18
E c o no m ic Indic a t o rs
E c o no m ic P a ra m e t e rs
Inflatio n YTD (in %)
1.09
3.61
Inflatio n Yo Y (in %)
3.41
3.40
Inflatio n M o M (in %)
0.10
0.20
124.90
126.00
1- D a y ( %) 1- M o nt h ( %)
Y T D ( %)
Fo reign Reserves (in USD bn)
F OR EX
S po t R a t e
USD/IDR
14,052.00
(0.36)
(2.07)
(3.54)
USD/CNY
6.37
(0.06)
(1.00)
2.14
USD/EUR
0.84
0.09
3.96
1.28
USD/JP Y
109.46
(0.30)
(2.46)
2.95
USD/SGD
1.34
(0.19)
(2.30)
(0.49)
USD/A UD
1.35
0.25
3.54
5.00
USD/GB P
0.74
0.04
4.34
(0.24)
Le nding a nd D e po s it R a t e s
( in %)
JIB OR (in IDR)
6.20
LIB OR (in GB P )
0.95
SIB OR ( in USD)
1.46
Indo nesia 5-Year Go vernment B o nds Yield
6.89
Indo nesia 10-Year Go vernment B o nds Yield
7.27
Indo nesia 15-Year Go vernment B o nds Yield
7.55
Source: Bloomberg, Sinarmas Investment Research
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6
State Budget
2016
2017
2018
LKPP
APBNP
RAPBN
INDICATOR
GDP Growth (%, YoY)
5,0%
5,2%
5,4%
Exchange rate (USD/IDR)
13307
13300
13500
Inflation (%, YoY)
3%
4,3%
3,5%
3 Months SPN (%)
5,7%
5,2%
5,3%
Indonesian C rude Oil (USD/barrel)
40
45
48
Oil Lifting ( thousands barrel/day)
829
815
800
Gas Lifting (thousands, BOE/day)
1.18
1.15
1.2
Total State Budget (in IDR trillion)
1556
1714
1878
Upcoming IPO
Dividend
Rights Issue
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See important disclaimer at the end of this report
Pick s of Th e D a y
BBNI - Daily 5/8/2018 Open 7325, Hi 7375, Lo 7200, Clos e 7325 (0.0%) MA(Clos e,50) = 8,806.00
10,000
9,500
9,000
8,806
8,500
8150
8,000
7979.82
7675
7550
7,500
7,325
7375
7200
7,000
7025
6925
6,500
Apr
May
Jun
Jul
Aug
BBNI - MACD(12,26) = -380.96, Signal(12,26,9) = -278.81
Sep
Apr
May
Jun
Jul
Aug
BBNI - Stoch %K(15,3) = 6.24, Stoch %D(15,3,3) = 5.97
Sep
Oct
Nov
Oct
Dec
Nov
Dec
2018
2018
Feb
Feb
Mar
Apr
Mar
Apr
6,000
May
May
400
200
0
-278.807
-200
-380.959
80
20
6.23638
BBN I : BUY ON W EAKN ESS
BBN I belum berhasil break diat as Resist ance 7.375 dan berpeluang m enguj i Support 7.200, 7.125 dan 7.025 dalam j angka
pendek. Nam un, j ika BBN I break dan bert ahan di at as Resist ance 7.375 m aka BBN I akan m encoba Resist ance 7.550, 7.675 dan
7.800. BBN I dilihat dari I ndikat or St oc osc m asih m engindikasikan pola Reversal.
Ent ry point
Exit point
St op Loss
: 7.200 — 7.375
: 7.550 ( 4.9% ) , 7.675 ( 6.6% )
: 7.125 ( - 1.0% )
BRPT - Daily 5/8/2018 Open 2330, Hi 2330, Lo 2250, Clos e 2300 (-1.3%) MA(Clos e,50) = 2,457.60
2,700
2,600
2570
2530
2500
2450
2420
2390
2370
2332.22
2237.73
2179.7
2139.92
2088.52
2027.18
2,500
2,457.6
2,400
2,300
2,300
2,200
2,100
2,000
1,900
1,800
1,700
1,600
Aug
Sep
Oct
Nov
Dec
2018
Feb
Mar
Apr
May
BRPT - MACD(12,26) = -28.83, Signal(12,26,9) = -2.72
100
50
Aug
Sep
Oct
Nov
Dec
2018
Feb
Mar
Apr
May
-2.72371
0
-28.834
-50
BRPT - Stoch %K(15,3) = 10.22, Stoch %D(15,3,3) = 9.95
80
20
10.2188
BRPT : BUY ON W EAKN ESS
BRPT belum berhasil break diat as Resist ance 2.330 dan berpeluang m enguj i Support 2.250, 2.180 dan 2.140 dalam j angka
pendek. Nam un, Jika BRPT berhasil break dan bert ahan di Resist ance 2.330 m aka BRPT akan m encoba Resist ance 2.370, 2.420
dan 2.450. BRPT dilihat dari indikat or St oc osc m engindikasikan pola Reversal.
Ent ry point
Exit point
St op Loss
: 2.250 — 2.300
: 2.330 ( 3.6% ) , 2.370 ( 5.3% )
: 2.180 ( - 3.1% )
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Se e im por t a nt discla im e r a t t he e nd of t his r e por t
Pick s of Th e D a y
INCO - Daily 5/8/2018 Open 3120, Hi 3150, Lo 3020, Clos e 3120 (0.6%) MA(Clos e,50) = 3,140.40
4060
4000
3940
3890
3860
4,000
3800
3770
3700
3,800
3610
3560
3,600
3430
3,400
3300
3200
3170
3,200
3,140.4
3,120
3060
3010
2940
3,000
2,800
2,600
2560
2,400
2,200
Aug
Sep
Oct
Nov
Dec
2018
Feb
Mar
Apr
May
INCO - MACD(12,26) = 0.82, Signal(12,26,9) = 37.08
200
37.0835
100
0.824069
0
-100
Aug
Sep
Oct
INCO - Stoch %K(15,3) = 11.67, Stoch %D(15,3,3) = 16.39
Nov
Dec
2018
Feb
Mar
Apr
May
80
16.3889
20
11.6667
I N CO : BUY ON W EAKN ESS
I N CO belum berhasil break Resist ance 3.170 dan berpeluang m enguj i Support 3.060, 3.010 dan 2.940 dalam j angka pendek.
Nam un, Jika I N CO berhasil break dan bert ahan diat as Resist ance 3.170 m aka I N CO akan m encoba Resist ance di 3.200, 3.300
dan 3.430. in co dilihat dari indikat or Stoc osc m engindikasikan pola Oversold.
Ent ry point
Exit point
St op Loss
: 47.800 — 47.900
: 48.550 ( 1.6% ) , 49.050 ( 2.6% )
: 47.200 ( - 1.3% )
SMGR - Daily 5/8/2018 Open 9100, Hi 9150, Lo 8800, Clos e 8975 (-1.6%) MA(Clos e,50) = 10,216.00
11,400
11,200
11,000
10,800
10,600
10,400
10,216
10,200
10100
9975
10,000
9825
9,800
9650
9,600
9500
9,400
9200
9150
9075
9000
8900
8800
9,200
9,000
8,975
8,800
8,600
8,400
Aug
Sep
Oct
Nov
Dec
2018
Feb
Mar
Apr
May
SMGR - MACD(12,26) = -350.41, Signal(12,26,9) = -276.73
200
0
Aug
Sep
Oct
Nov
Dec
2018
Feb
Mar
Apr
May
-276.73
-200
-350.411
SMGR - Stoch %K(15,3) = 12.13, Stoch %D(15,3,3) = 9.82
80
20
12.1349
SM GR : BUY ON W EAKN ESS
SM GR belum berhasil break Resist ance 9.200 dan berpeluang m enguj i Support 8.900, 8.800 dan 8.600 dalam j angka pendek.
Nam un, j ika SM GR berhasil break dan bert ahan diat as Resist ance 9.200 m aka SM GR akan m encoba Resist ance 9.400, 9.500 dan
9.650. I ndikat or St oc osc m engindikasikan pola Reversal.
Ent ry point
Exit point
St op Loss
: 8.900 — 8.975
: 9.200 ( 3.4% ) , 9.400 ( 5.6% )
: 8.800 ( - 1.1% )
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PT Sinarmas Sekuritas
Sinarmas Land Plaza Tower 3, 6th Fl.
RESEARCH ASSOCIATE
Jl. M. H. Thamrin no. 51
Paulina
Tel: +62 21 392 5550
Retail, Cement
Fax: +62 21 392 5540
Tel: +62 21 3925550 Ext: 610
research@sinarmassekuritas.co.id
paulina@sinarmassekuritas.co.id
www.sinarmassekuritas.co.id
RESEARCH ASSOCIATE
Equity Research Team
Anthony Angkawijaya
HEAD OF RESEARCH
Construction, Petrochemical, Healthcare
Evan Lie Hadiwidjaja
Tel: +62 21 3925550 Ext: 611
Banking, Automotive
anthony.angkawijaya@sinarmassekuritas.co.id
Tel: +62 21 3925550 Ext: 610
evan.hadiwidjaja@sinarmassekuritas.co.id
RESEARCH ASSOCIATE
Kenji Fanata
SENIOR EQUITY ANALYST
Telecommunication, Tobacco, Poultry, Media
Wilbert
Tel: +62 21 3925550 Ext: 611
Consumer Goods, Plantation, Pulp and Paper
kenji.fanata@sinarmassekuritas.co.id
Tel: +62 21 3925550 Ext: 611
wilbert@sinarmassekuritas.co.id
TECHNICAL ANALYST
Eddy Wijaya
EQUITY ANALYST
Tel: +62 21 3925550 Ext: 159
Richard Suherman
eddy.wijaya@sinarmassekuritas.co.id
Commodities
Tel: +62 21 3925550 Ext: 610
richard.suherman@sinarmassekuritas.co.id
EQUITY ANALYST
Richardson Raymond
Property, Industrial Estate
Tel: +62 21 3925550 Ext: 159
richardson.raymond@sinarmassekuritas.co.id
DISCLAIMER
This material is issued by PT Sinarmas Sekuritas, a member of Indonesia Stock Exchanges, represent the opinion of PT Sinarmas Sekuritas, derived its judgment from sources deemed reliable, however, PT Sinarmas Sekuritas and its affiliated cannot guarantee its accuracy and completeness. PT Sinarmas Sekuritas or its affiliates may be involved in transactions contrary to any opinion herein or have positions in the securities recommended herein and may seek or
will seek investment banking or other business relationships with the companies in this material. PT Sinarmas Sekuritas, its employees and its affiliates,
expressly disclaim any and all liability for representation or warranties, expressed or implied, here in or omission there from or for any loss how so ever
arising from any use of this material or its contents or otherwise arising in connection there with. Opinion expressed in this material are our present view
and are subject to change without notice. For further information please contact our number +62 21 392 5550 or fax +62 21 392 2320.
ID X Statistics
7,000
Volume
6,000
5,000
4,000
3,000
JCI Index
14,000
12,000
10,000
8,000
6,000
4,000
2,000
0
C lo sing
JCI
5,774.72
Transaction Value Regular M arket (IDR tn)
5.473
Transaction Volume Regular M arket (mn shares)
5,707
Foreign Net Buy (Sell) (IDR bn)
Foreign Net Buy (Sell)
(2.68)
Total M arket Capitalization (IDR tn)
Other Indices
I HSG t u ru n se b a n ya k 1 1 0 .4 p o in (1 .8 8 % ) ke le ve l 5 7 7 4 .7 2 .
Se m e n t a ra LQ4 5 t u ru n se b a n ya k 2 0 .5 p o in (2 .1 8 % ) ke le ve l
9 2 0 .5 4 . Fo re ig n n e t se ll se b e sa r Rp 1 8 0 .9 m ilia r.
(181)
6,446.83
C lo sing
LQ45
920.54
1-D ay C hg (%)
(2.18)
YT D
C hg (%)
(14.72)
EIDO
24.10
(1.31)
(15.23)
IDX
21.27
(1.44)
(14.37)
24,360.21
0.01
(1.45)
S&P 500
2,671.92
(0.03)
(0.06)
NASDAQ
7,266.90
0.02
5.27
DOW JONES
Toda y’s M a r k e t :
FTSE
7,565.75
(0.02)
(1.59)
•
NIKKEI
22,508.69
0.18
(1.13)
HANG SENG
I HSG diperkirakan bergerak m ixed. Bursa AS dit ut up
m ixed pada perdagangan Selasa ( 08/ 05) dit engah concern
t erhadap kondisi geopolit ical ant ara US dan I ran. Mat a
uang r upiah bergerak m elem ah t erhadap dollar AS di level
Rp 14,004. Harga crude oil naik ke level USD 70.27 per
barrel, dan harga bat ubara naik ke level 101 per j ut a t on.
10Yr Governm ent Bonds Yield naik ke level 7.27% .
•
•
•
•
Dari dalam negeri, Bank I ndonesia ( BI ) m encat at , nilai
cadangan devisa per akhir April 2018 t urun US$ 1,1 m iliar
m enj adi US$ 124,9 m iliar. Bulan sebelum nya, cadangan
devisa I ndonesia senilai US$ 126 m iliar.
Dari pasar obligasi, lelang SUN hari Selasa ( 08/ 05) kem arin dibat alkan oleh pem erint ah seiring dengan t ingkat
im bal hasil yang dinilai kurang waj ar. Hal ini dapat m enj adi sent im en negat if unt uk nilai t ukar m at a uang Rupiah.
Kam i m em perkirakan im bal hasil obligasi akan cenderung
unt uk m eningkat di t ahun ini, dim ana hari ini sendiri 10 year governm ent yields m eningkat ke level 7.39% .
30,402.81
1.36
1.62
STRAITS TIM ES
3,543.17
0.29
4.12
KLSE
1,846.51
1.00
2.77
C urrency Spo t R ate
1-D ay C hg (%)
YT D
C hg (%)
USD/IDR
14,004.00
0.00
EUR/IDR
16,660.99
(0.31)
2.59
JPY/IDR
128.63
0.03
6.30
SGD/IDR
10,476.05
(0.15)
3.16
AUD/IDR
10,443.95
(0.84)
(1.35)
GBP/IDR
19,031.72
0.12
3.77
C o mmo dities
Last
T ransactio n
P rice
3.54
YT D
C hg (%)
Crude Oil (USD/barrel)
70.27
7:57:24 AM
Coal (USD/mn tons)
101.00
5/8/2018
0.20
2.74
7:53:55 AM
(7.28)
Natural Gas (USD/mmBtu)
Sehubungan dengan em it en, Medco Energi I nt ernasional
( MEDC) m engum um kan pem bangkit list rik t enaga panas
bum i ( PLTP) Sarulla Unit 3 t elah m ulai beroperasi secara
kom ersial. Dengan beroperasinya unit ket iga ini, kapasit as
PLTP Sarulla m enj adi 330 m ega wat t ( MW) dan m erupakan proyek panas bum i dengan kont rak t unggal t erbesar di dunia.
R ate (ID R )
Gold (USD/ounce)
16.30
1,311.89
8:07:26 AM
0.71
Nickel (USD/mn tons)
13,875.00
8:07:07 AM
8.74
Tins (USD/mn tons)
20,985.00
8:05:55 AM
4.79
2,359.00
5/8/2018
(3.48)
Rubber (JPY/kg)
178.50
7:40:10 AM
(13.10)
Wheat (USD/bushel)
517.75
5/8/2018
21.25
Corn (USD/bushel)
395.50
5/8/2018
12.76
CPO (M YR/mn tons)
Secara t eknikal indeks har i Rabu ( 09/ 05) , I HSG diprediksi
bergerak di kisaran 5753 - 5950.
BoW : BBN I , BRPT, I N CO, SM GR
w w w .sina r m a sse k ur it a s.co.id
Source: Bloomberg, Sinarmas Investment Research
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
1
D a ily Cor por a t e a nd I n du st r y N e w s
Bank I ndonesia ( BI ) m encat at , nilai cadangan devisa per akhir April 2018 t urun US$ 1,1 m iliar m enj adi US$ 124,9
m iliar. Bulan sebelum nya, cadangan devisa I ndonesia senilai US$ 126 m iliar. Source: Kont an
Nilai t ukar rupiah kem bali m elem ah ke level Rp14.054 per dolar AS di 9 Mei 2018 set elah sehari sebelum nya m enem bus level psikologis Rp14.001 per dolar AS. Ot orit as m onet er m em beri sinyal unt uk m enaikkan suku bunga
acuan dalam rapat bulanan Dewan Gubernur pada pekan depan. Deput i Gubernur Senior Bank I ndonesia Mirza Adit yaswara m enj elaskan AS dipast ikan m enaikkan suku bunga pada Juni. Source: Bisnis I ndonesia
Trum p m engum um kan AS akan m undur dari I ran nuclear deal dan m engem balikan sanksi t erhadap I ran yang akan
berdam pak t erhadap pengurangan supply oil di m arket . Source: CNBC
Pem erint ah kem bali m enggelar lelang 5 seri SUN di 8 Mei 2018 dengan t arget Rp17 t riliun hingga Rp25,5 t riliun nam un, perm int aan invest or hanya Rp7,19 t riliun Sepinya perm int aan invest or j uga diikut i oleh t ingginya t ingkat yield
yang dim int a. Sebagai cont oh, seri SPN12190510 t enor 1 t ahun t ingkat yield yang dim int a ant ara 6% hingga 7% .
Source: Bisnis I ndonesia
Kem ent erian Perhubungan ( Kem enhub) m em prediksi pert um buhan penum pang angkut an udara pada m asa Angkut an Lebaran Tahun 2018 bisa m elebihi 9% dibanding periode yang sam a t ahun lalu. Hal it u seiring dengan m em baiknya perekonom ian m asyarakat . Source: I nvest or Daily
I ndust ri m anufakt ur nasional t um buh 4,5% pada kuart al I - 2018, naik t ipis dibandingkan periode sam a t ahun lalu
4,21% . Hal it u, m enurut Ment eri Perindust rian ( Menperin) Airlangga Hart art o, disebabkan oleh beberapa fakt or,
sepert i m em baiknya indeks m anaj er pem belian ( purchasing m anagers index/ PMI ) , peningkat an produksi, sert a kenaikan harga kom odit as. Source: I nvest or Daily
Bank Mandiri ( BMRI ) m enarget kan kredit m ikro t um buh 36% di akhir t ahun ini. Target ini lebih t inggi dibandingkan
dengan pencapaian sebesar 22% di t ahun 2017. Sebelum nya BMRI m encat at realisasi kredit m ikro m encapai Rp
85,6 t riliun per kuart al I - 2018, at au naik 22,6% dibandingkan posisi kuart al I - 2017, yait u Rp 69,8 t riliun. Source:
Kont an
Bank UOB I ndonesia ( UOB I ndonesia) m eluncurkan kart u kredit YOLO ( You Only Live Once) yang dit uj ukan unt uk
m em enuhi kebut uhan segm en m ilenial I ndonesia usia 21 - 35 t ahun yang sudah m andiri secara keuangan. Source:
I QPlus
Medco Energi I nt ernasional ( MEDC) m engum um kan pem bangkit list rik t enaga panas bum i ( PLTP) Sar ulla Unit 3 t elah
m ulai beroperasi secara kom ersial. Dengan beroperasinya unit ket iga ini, kapasit as PLTP Sarulla m enj adi 330 m ega
wat t ( MW) dan m erupakan proyek panas bum i dengan kont rak t unggal t erbesar di dunia. Source: I nvest or Daily
Aneka Tam bang ( ANTM) m enyat akan produksi feronikel m encapai 6.088 t on nikel dalam feronikel ( TNi) dari fasilit as
pengolahan dan pem urnian ( sm elt er) nikel di Pom ala, Sulawesi Tenggara. Realisasi t ersebut m erupakan capaian produksi pada kuart al pert am a 2018. Source: I nvest or Daily
ABM I nvest am a ( ABMM) m em ast ikan segera m erealisasikan rencana akuisisi m inim al sat u t am bang baru dari lim a
t am bang yang t engah dij aj aki perseroan. Adapun unt uk akuisisi beberapa t am bang, perseroan m eraih kom it m en
pendanaan senilai US$ 350 j ut a, belum t erm asuk dukungan dari kas int ernal. Source: I nvest or Daily
Eraj aya Swasem bada ( ERAA) m encat at kan saham baru hasil privat e placem ent at au penam bahan m odal t anpa hak
m em esan efek t erlebih dahulu ( PMTHMETD sebanyak 290 j ut a saham ( 10% saham ) di harga pelaksanaan Rp 1.054
per saham . Dari aksi korporasi t ersebut , ERAA m engant ongi dana senilai Rp 305,66 m iliar. Source: Kont an
Mit ra Pinast hika Must ika ( MPMX) berencana m elepas anak usaha bernam a PT Federal Karyat am a at au Federal Karyat am a dengan m enj ual 423.590 saham Federal Karyat am a ke Esso Pet roleum dan sem bilan saham Federal Karyat am a kepada ExxonMobil. Source: Kont an
w w w .sina r m a sse k ur it a s.co.id
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
2
D a ily Cor por a t e a nd I n du st r y N e w s
Wij aya Karya Bet on ( WI KA) berhasil m engant ongi kont rak baru sebesar Rp 2,05 t riliun. Pencapaian t ersebut set ara
27,1% dari t ot al t arget t ahun ini sebesar Rp 7,56 t riliun. Sem ent ara dibandingkan periode yang sam a t ahun 2017,
pencapaian kont rak baru t ersebut t um buh 15,5% . Source: Kont an
Hanson I nt ernat ional ( MYRX) segera susun am dal Serpong —Maj a. Progres t erkini, perusahaan m asih dalam pengum pulan dokum en yang diperlukan unt uk m endapat kan perset uj uan Ment eri Pekerj aan Um um dan Perum ahan Rakyat .
Rencananya proyek j alan t ol t ersebut akan m em iliki panj ang 30 kilom et er dengan perkiraan biaya invest asi Rp3 t riliun—Rp5 t riliun. Source: Bisnis I ndonesia
PT MNC St udios I nt ernat ional ( MNCS) siap m enawar kan saham perdana at au init ial public offering ( I PO) . Anak usaha
Grup MNC ini akan m erilis 1,56 m iliar saham at au 30% dari m odal yang dikeluarkan dan diset or penuh dengan kisaran harga Rp 500 - Rp 650 per saham . Dana I PO akan digunakan unt uk m engakuisisi bisnis channels, pelusanan
MTN syariah I j arah I , m em bent uk rum ah produksi, dan m engem bangkan m ovie land kawasan lido. Source: Kont an
PT Jaya Bersam a I ndo berencana m elakukan penawaran um um perdana ( init ial public offering/ I PO) saham dalam
rangka m em percepat pert um buhan ekspansi gerai. Perusahaan rest oran chinese food dengan brand The Duck King
t ersebut berencana m em ulai pem bukaan sat u gerai di luar negeri akhir t ahun ini. Source: I nvest or Daily
Sarana Menara Nusant ara ( TOWR) berencana m elakukan st ock split dengan rasio 1: 5. Source: Bisnis I ndonesia
Mit ra Pinast hika Must ika ( MPMX) berdasarkan hasil rapat um um pem egang saham ( RUPS) m enyepakat i pem bagian
t ot al dividen t unai t ahun buku 2017 sebesar Rp 443 m iliar. Tot al dividen 2017 MPMX m elebihi pencapaian laba bersih
t ahun lalu yang t ercat at Rp 384,4 m iliar at au 115,24% dari laba bersih. Source: Kont an
w w w .sina r m a sse k ur it a s.co.id
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
3
W or ld Equ it y I n dices
W O R L D E Q U IT Y IN D IC E S
NO
T IC K E R
A m e r ic a
52-WEEK
H IG H
C H A N GE YTD
LO W
P O IN T
%
P E R ( x)
2 0 17
P B V ( x)
2 0 18 E
2 0 17
M A R KE T C A P (B n)
2 0 18 E
D o m a in
C urre nc y
US D
1
IN D U Index
26,616.71
20,553.45
(359.01)
(1.45)
20.60
16.14
3.88
3.91
6,722.92
6,722.92
2
SP X Index
2,872.87
2,352.72
(1.69)
(0.06)
22.43
16.90
3.30
3.37
23,557.74
23,557.74
3
C C M P Index
7,637.27
5,996.82
363.51
5.27
37.57
21.95
3.80
3.92
11,384.30
11,384.30
4
SP T SX Index
16,421.42
14,785.78
(366.42)
(2.26)
19.80
15.64
1.91
1.93
2,421.37
1,868.49
5
M EXB O L Index
51,772.37
45,785.41
(2,634.91)
(5.34)
19.67
16.37
2.65
2.54
5,701.51
291.20
E uro pe
6
SX5E Index
3,708.82
3,261.86
53.92
1.54
18.31
14.24
1.63
1.69
2,965.54
3,523.06
7
UKX Index
7,792.56
6,866.94
(122.02)
(1.59)
23.14
14.00
1.97
2.00
2,102.19
2,847.62
8
C A C Index
5,567.03
4,995.07
209.37
3.94
18.20
15.04
1.61
1.66
1,570.88
1,866.21
9
D A X Index
13,596.89
11,726.62
(0.04)
19.08
13.40
1.86
1.91
1,201.93
1,427.89
10
IB EX Index
11
F T SEM IB Index
12
13
(5.43)
11,135.10
9,327.60
124.20
1.24
15.08
13.36
1.47
1.53
646.19
767.68
24,544.26
20,537.35
2,289.20
10.48
27.42
13.22
1.18
1.23
555.55
659.99
A EX Index
572.81
505.92
13.93
2.56
18.93
15.85
1.90
1.92
672.52
798.95
SM I Index
9,616.38
8,501.17
(4.66)
24.59
15.57
2.59
2.62
1,088.18
1,086.44
0.44
17.90
16.26
2.09
2.16
1,790.35
1,334.53
(436.97)
A s ia / P a c if ic
14
A S51 Index
6,150.00
5,629.80
26.76
15
A S30 Index
6,256.50
5,670.70
15.95
0.26
18.90
16.75
2.00
2.07
1,948.69
1,452.55
16
SH SZ 300 Index
4,403.34
3,312.89
(152.18)
(3.78)
16.57
12.95
2.05
2.03
28,855.56
4,529.42
17
SH A SH R Index
3,757.20
3,158.89
(152.38)
(4.40)
16.88
12.44
1.79
1.79
32,530.86
5,106.32
(65.88)
18
SZ A SH R Index
2,140.56
1,734.00
(3.32)
29.07
20.06
3.12
3.10
23,084.28
3,623.51
19
H SI Index
33,484.08
24,548.97
483.66
1.62
13.70
11.74
1.39
1.38
19,700.94
2,509.83
20
H SC EI Index
13,962.53
9,960.24
435.49
3.72
9.15
8.01
1.05
1.05
12,664.70
1,613.44
36,443.98
29,911.44
1,159.49
3.40
24.53
18.48
3.11
3.24
62,017.38
924.60
11,171.55
9,307.70
187.10
1.78
23.76
17.86
3.11
3.21
77,496.38
1,155.37
6,693.47
5,577.52
(580.94)
(9.14)
24.55
14.71
2.58
2.32
6,446,830.08
459.14
1,132.92
912.58
(158.85)
(14.72)
21.08
15.33
3.39
3.04
4,102,072.06
292.15
21
SEN SEX Index
22
N IF T Y Index
23
J C I Index
24
LQ 45 Index
25
KSE100 Index
53,127.24
37,736.73
8.88
9.00
9.63
1.47
1.37
7,762.07
67.04
26
N KY Index
24,129.34
19,239.52
(256.25)
(1.13)
19.39
16.33
1.89
1.95
392,738.37
3,601.12
27
N EY Index
376.09
308.19
(7.88)
(2.20)
16.02
13.81
1.38
1.41
445,945.15
4,088.99
28
T P X Index
1,911.31
1,547.99
(37.74)
(2.08)
16.34
14.11
1.41
1.44
670,704.58
6,149.87
29
F B M KLC I Index
1,896.03
1,708.48
49.70
2.77
16.40
16.46
1.67
1.66
1,119.84
280.59
30
N Z SE Index
1,539.52
1,351.24
18.03
1.19
19.27
22.45
2.03
1.96
125.47
87.49
3,595.48
31
P C O M P Index
9,078.37
7,499.26
(980.85)
(11.46)
22.99
16.93
2.51
2.41
9,381.55
180.57
32
F SST I Index
3,641.65
3,189.70
140.25
4.12
11.12
14.08
1.22
1.23
587.64
438.47
33
KO SP I Index
2,607.10
2,244.23
(17.68)
(0.72)
13.42
9.54
1.05
1.06
1,580,175.36
1,466.56
34
T WSE Index
11,270.18
9,895.65
48.52
0.46
15.56
13.82
1.75
1.69
31,826.46
1,068.72
35
SET Index
1,852.51
1,531.68
6.54
0.37
18.91
16.01
2.08
2.09
17,650.60
552.65
36
SET 50 Index
1,223.67
976.94
26.32
2.32
17.53
15.82
2.26
2.26
11,922.40
373.30
Source: Bloomberg, Sinarmas Investment Research
w w w .sina r m a sse k ur it a s.co.id
Se e im por t a n t discla im e r a t t he e nd of t his r e por t
4
LQ4 5
L Q 4 5 In d e x
5 2 -W E E K
L Q 4 5 In d e x
C H A N G E Y TD
P E R (x )
P B V (x )
8 -M a y -1 8
H IG H
LOW
P O IN T
%
2017
2018E
2017
2018E
1
# N / A R e q u e s# tNi n
/ Ag IDn av taal i.d. . S e c #uNr i/tAy I n v a l i#dN S/ eA cI u
n rviat yl i d# VS Ae Lc U
u rEi!t#yN #/ A
V AI nL vUaEl!i#dN S/ eA cI u
n rviat yl i#dN S/ eA cI u
n rviat yl i#dN S/ eA cI u
n rviat yl i d S e c u r i t y
2
A D R O IJ
1 ,6 2 5
2 ,6 5 0
1 ,3 9 5
(2 3 5 )
(1 2 . 6 3 )
9 .0 6
3
A K R A IJ
4 ,5 1 0
8 ,0 2 5
4 ,4 8 0
(1 , 8 4 0 )
(2 8 . 9 8 )
2 8 .1 1
4
A N TM IJ
790
960
595
5
A S II IJ
6 ,9 5 0
9 ,1 5 0
6 ,8 2 5
165
(1 , 3 5 0 )
125
2 6 .4 0
-
7 .2 3
1 .2 6
1 .0 0
M A R K ET C A P
(B n )
#V A L U E!
5 1 ,9 7 7 .1 9
1 6 .2 6
3 .3 7
2 .1 3
1 8 ,1 0 6 .2 7
5 1 .8 7
0 .8 1
1 .0 5
1 8 ,9 8 4 .3 0
(1 6 . 2 7 )
1 7 .8 2
1 3 .4 3
2 .7 2
2 .0 4
2 8 1 ,3 6 0 .6 9
6
B B C A IJ
2 2 ,0 2 5
2 4 ,7 0 0
1 6 ,8 0 0
0 .5 7
2 3 .1 7
2 0 .8 3
4 .1 1
3 .6 3
5 4 3 ,0 2 6 .5 8
7
B B N I IJ
7 ,3 2 5
1 0 ,1 7 5
6 ,3 5 0
(2 , 5 7 5 )
(2 6 . 0 1 )
1 3 .5 6
8 .6 4
1 .8 7
1 .2 7
1 3 6 ,6 0 1 .4 1
8
B B R I IJ
3 ,0 7 0
3 ,9 2 0
2 ,7 3 5
(5 7 0 )
(1 5 . 6 6 )
1 5 .3 4
1 1 .4 1
2 .6 7
2 .0 1
3 7 8 ,6 7 1 .6 4
9
B B TN IJ
2 ,7 8 0
3 ,8 9 0
2 ,3 0 0
(7 9 0 )
(2 2 . 1 3 )
1 2 .4 9
8 .1 6
1 .7 5
1 .2 0
2 9 ,4 4 0 .2 0
10
B J B R IJ
2 ,0 6 0
2 ,9 9 0
1 ,9 2 0
(3 4 0 )
(1 4 . 1 7 )
1 9 .2 0
1 3 .1 8
2 .3 1
1 .8 4
1 9 ,9 7 4 .3 6
11
B M R I IJ
6 ,8 0 0
9 ,0 5 0
5 ,9 0 0
(1 , 2 0 0 )
(1 5 . 0 0 )
1 8 .0 9
1 2 .7 5
2 .2 4
1 .6 6
3 1 7 ,3 3 3 .3 3
12
B M TR IJ
540
755
478
(5 0 )
(8 . 4 7 )
0 .8 8
-
13
B R P T IJ
2 ,3 0 0
2 ,7 2 0
1 ,3 7 5
40
1 .7 7
-
-
7 ,6 6 7 .2 6
2 2 .3 4
1 8 .2 0
2 .1 6
1 .1 7
3 2 ,1 0 7 .5 1
14
B S D E IJ
1 ,4 8 5
1 ,9 6 5
1 ,4 6 5
(2 1 5 )
(1 2 . 6 5 )
6 .6 2
9 .1 6
1 .2 9
1 .0 4
2 8 ,5 8 1 .3 4
15
B U M I IJ
244
412
166
(2 6 )
(9 . 6 3 )
2 .5 7
2 .9 0
-
-
1 5 ,9 5 2 .4 6
16
EX C L IJ
1 ,7 9 0
4 ,0 6 0
1 ,7 7 5
(1 , 1 7 0 )
(3 9 . 5 3 )
8 5 .1 6
2 1 .8 5
1 .4 6
0 .8 6
1 9 ,1 3 1 .4 5
17
G G R M IJ
6 7 ,8 0 0
8 6 ,4 0 0
6 1 ,9 2 5
(1 6 , 0 0 0 )
(1 9 . 0 9 )
2 0 .8 0
1 5 .5 3
3 .8 2
2 .8 2
1 3 0 ,4 5 3 .1 7
18
H M S P IJ
3 ,4 0 0
5 ,5 5 0
3 ,2 3 0
(1 , 3 3 0 )
(2 8 . 1 2 )
4 3 .5 4
2 8 .8 3
1 6 .1 3
1 1 .1 1
3 9 5 ,4 8 1 .4 6
2 7 .3 1
19
IC B P IJ
8 ,4 5 0
9 ,2 7 5
7 ,9 0 0
(4 5 0 )
(5 . 0 6 )
20
IN C O IJ
3 ,1 2 0
3 ,8 9 0
1 ,8 3 5
230
7 .9 6
21
IN D F IJ
6 ,2 0 0
9 ,0 0 0
6 ,2 0 0
22
IN D Y IJ
3 ,5 7 0
4 ,6 3 0
735
3 .5 0
6 .5 2
1 .2 7
1 .2 7
1 8 ,6 0 0 .3 9
23
IN TP IJ
1 6 ,7 0 0
2 3 ,9 5 0
1 5 ,5 5 0
(5 , 2 5 0 )
(2 3 . 9 2 )
4 3 .4 5
2 8 .6 7
3 .2 9
2 .3 5
6 1 ,4 7 6 .5 7
24
J S M R IJ
4 ,0 2 0
6 ,7 7 5
4 ,0 1 0
(2 , 3 8 0 )
(3 7 . 1 9 )
2 1 .1 1
1 4 .5 7
3 .0 8
1 .6 9
2 9 ,1 7 6 .6 4
25
K L B F IJ
1 ,4 5 5
1 ,7 9 5
1 ,3 9 0
(2 3 5 )
(1 3 . 9 1 )
3 2 .9 6
2 6 .4 2
5 .9 6
4 .6 2
6 8 ,2 0 3 .3 0
26
L P K R IJ
396
845
390
(9 2 )
(1 8 . 8 5 )
1 8 .0 9
9 .2 3
0 .4 9
0 .4 4
9 ,1 4 2 .5 2
27
L P P F IJ
8 ,7 2 5
1 5 ,9 5 0
8 ,4 7 5
(1 , 2 7 5 )
(1 2 . 7 5 )
1 5 .2 9
1 2 .1 5
1 2 .5 3
6 .6 9
2 5 ,4 5 8 .8 4
28
M N C N IJ
1 ,3 2 0
2 ,0 5 0
1 ,2 0 0
35
2 .7 2
1 1 .7 8
1 0 .8 3
1 .8 6
1 .7 3
1 8 ,8 4 4 .4 6
29
M YR X IJ
135
198
101
25
2 2 .7 3
-
-
1 1 ,7 0 4 .9 3
(1 , 4 2 5 )
510
(1 8 . 6 9 )
1 6 .6 7
1 6 .1 7
-
2 3 .7 4
5 .3 1
4 .5 6
9 8 ,5 4 3 .1 2
1 4 .8 1
1 .1 6
1 .4 4
3 1 ,0 0 1 .3 8
1 1 .8 8
2 .1 5
1 .5 9
5 4 ,4 3 8 .6 4
-
30
P G A S IJ
1 ,8 0 0
2 ,8 6 0
1 ,3 6 5
50
2 .8 6
2 0 .7 7
9 .1 6
0 .9 9
0 .9 1
4 3 ,6 3 4 .7 1
31
P TB A IJ
3 ,2 6 0
3 ,5 7 0
1 ,8 1 0
800
3 2 .5 2
5 .7 9
8 .2 0
1 .9 1
2 .2 0
3 7 ,5 5 7 .3 5
32
P TP P IJ
2 ,0 9 0
3 ,3 7 0
2 ,0 6 0
(5 5 0 )
(2 0 . 8 3 )
1 1 .2 6
7 .3 1
1 .4 3
1 .0 3
1 2 ,9 5 7 .7 9
33
P W O N IJ
545
725
535
(1 4 0 )
(2 0 . 4 4 )
1 7 .6 2
1 1 .6 7
3 .2 0
2 .1 0
2 6 ,2 4 6 .9 8
34
S C M A IJ
2 ,4 0 0
3 ,0 1 0
1 ,9 3 5
(8 0 )
(3 . 2 3 )
2 7 .2 4
2 0 .9 1
9 .3 0
7 .2 5
3 5 ,0 9 1 .8 4
35
S M G R IJ
8 ,9 7 5
1 1 ,7 7 5
8 ,6 0 0
(9 2 5 )
(9 . 3 4 )
2 9 .1 4
2 3 .0 8
2 .0 3
1 .7 5
5 3 ,2 3 5 .3 9
36
S R IL IJ
328
414
296
(5 2 )
(1 3 . 6 8 )
37
S S M S IJ
1 ,2 5 0
1 ,7 9 5
1 ,2 1 5
(2 5 0 )
(1 6 . 6 7 )
1 8 .1 5
1 2 .0 2
3 .5 4
2 .5 6
1 1 ,9 0 6 .2 5
38
TL K M IJ
3 ,6 2 0
4 ,7 9 6
3 ,4 8 8
(7 7 9 )
(1 7 . 7 1 )
1 9 .6 8
1 5 .3 1
4 .7 0
3 .4 8
3 6 4 ,8 9 5 .9 9
39
TP IA IJ
6 ,1 5 0
6 ,6 7 5
4 ,1 4 0
150
2 .5 0
2 3 .8 1
2 1 .9 0
4 .7 4
4 .3 6
1 0 9 ,6 7 6 .1 5
40
TR A M IJ
328
432
69
130
6 5 .6 6
-
-
41
U N TR IJ
3 2 ,2 5 0
4 0 ,5 0 0
2 2 ,8 7 5
(3 , 1 5 0 )
(8 . 9 0 )
1 7 .8 4
1 3 .0 8
2 .9 1
2 .3 5
1 2 0 ,2 9 6 .8 6
42
U N V R IJ
4 7 ,0 5 0
5 8 ,1 0 0
4 4 ,5 5 0
(8 , 8 5 0 )
(1 5 . 8 3 )
6 0 .8 9
4 6 .9 0
8 2 .4 4
6 2 .7 3
3 5 8 ,9 9 1 .5 0
43
W IK A IJ
1 ,2 5 0
2 ,4 2 0
1 ,2 3 5
(3 0 0 )
(1 9 . 3 5 )
1 1 .5 5
7 .7 6
1 .1 7
0 .8 0
1 1 ,2 1 2 .4 4
44
W S B P IJ
360
510
336
(4 8 )
(1 1 . 7 6 )
1 0 .5 6
7 .3 9
1 .4 7
1 .0 4
9 ,4 9 0 .0 2
W S K T IJ
1 ,9 2 0
3 ,1 5 0
1 ,7 7 5
(2 9 0 )
(1 3 . 1 2 )
7 .3 8
6 .1 2
2 .1 4
1 .4 2
2 6 ,0 6 1 .8 9
45
7 .6 6 #N /A N /A
-
-
1 .1 8 #N /A N /A
6 ,7 0 8 .3 1
1 6 ,2 7 9 .0 9
Source: Bloomberg, Sinarmas Investment Research
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Se e im por t a n t discla im e r a t t he e nd of t his r e por t
5
M a cr o da t a
S e c t o rs
D e s c ript io n
1- D a y ( %)
5 - D a ys ( %)
1- M o nt h ( %)
Y T D ( %)
P ro perty
(2.37)
(6.95)
(13.13)
(10.38)
B asic Industry
(2.64)
(3.97)
(0.49)
9.77
Trade
(1.92)
(4.45)
(5.54)
(5.03)
Finance
(0.36)
(3.16)
(7.44)
(9.39)
M iscellaneo us Industry
(1.69)
(2.08)
(7.01)
(12.22)
Co nsumer
(2.54)
(2.30)
(9.15)
(16.52)
Infrastructure
(3.77)
(5.41)
(8.63)
(15.56)
A griculture
(1.81)
(5.43)
(11.47)
(4.86)
M ining
(1.91)
(3.44)
(7.63)
8.41
A pr- 18
M a r- 18
E c o no m ic Indic a t o rs
E c o no m ic P a ra m e t e rs
Inflatio n YTD (in %)
1.09
3.61
Inflatio n Yo Y (in %)
3.41
3.40
Inflatio n M o M (in %)
0.10
0.20
124.90
126.00
1- D a y ( %) 1- M o nt h ( %)
Y T D ( %)
Fo reign Reserves (in USD bn)
F OR EX
S po t R a t e
USD/IDR
14,052.00
(0.36)
(2.07)
(3.54)
USD/CNY
6.37
(0.06)
(1.00)
2.14
USD/EUR
0.84
0.09
3.96
1.28
USD/JP Y
109.46
(0.30)
(2.46)
2.95
USD/SGD
1.34
(0.19)
(2.30)
(0.49)
USD/A UD
1.35
0.25
3.54
5.00
USD/GB P
0.74
0.04
4.34
(0.24)
Le nding a nd D e po s it R a t e s
( in %)
JIB OR (in IDR)
6.20
LIB OR (in GB P )
0.95
SIB OR ( in USD)
1.46
Indo nesia 5-Year Go vernment B o nds Yield
6.89
Indo nesia 10-Year Go vernment B o nds Yield
7.27
Indo nesia 15-Year Go vernment B o nds Yield
7.55
Source: Bloomberg, Sinarmas Investment Research
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6
State Budget
2016
2017
2018
LKPP
APBNP
RAPBN
INDICATOR
GDP Growth (%, YoY)
5,0%
5,2%
5,4%
Exchange rate (USD/IDR)
13307
13300
13500
Inflation (%, YoY)
3%
4,3%
3,5%
3 Months SPN (%)
5,7%
5,2%
5,3%
Indonesian C rude Oil (USD/barrel)
40
45
48
Oil Lifting ( thousands barrel/day)
829
815
800
Gas Lifting (thousands, BOE/day)
1.18
1.15
1.2
Total State Budget (in IDR trillion)
1556
1714
1878
Upcoming IPO
Dividend
Rights Issue
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See important disclaimer at the end of this report
Pick s of Th e D a y
BBNI - Daily 5/8/2018 Open 7325, Hi 7375, Lo 7200, Clos e 7325 (0.0%) MA(Clos e,50) = 8,806.00
10,000
9,500
9,000
8,806
8,500
8150
8,000
7979.82
7675
7550
7,500
7,325
7375
7200
7,000
7025
6925
6,500
Apr
May
Jun
Jul
Aug
BBNI - MACD(12,26) = -380.96, Signal(12,26,9) = -278.81
Sep
Apr
May
Jun
Jul
Aug
BBNI - Stoch %K(15,3) = 6.24, Stoch %D(15,3,3) = 5.97
Sep
Oct
Nov
Oct
Dec
Nov
Dec
2018
2018
Feb
Feb
Mar
Apr
Mar
Apr
6,000
May
May
400
200
0
-278.807
-200
-380.959
80
20
6.23638
BBN I : BUY ON W EAKN ESS
BBN I belum berhasil break diat as Resist ance 7.375 dan berpeluang m enguj i Support 7.200, 7.125 dan 7.025 dalam j angka
pendek. Nam un, j ika BBN I break dan bert ahan di at as Resist ance 7.375 m aka BBN I akan m encoba Resist ance 7.550, 7.675 dan
7.800. BBN I dilihat dari I ndikat or St oc osc m asih m engindikasikan pola Reversal.
Ent ry point
Exit point
St op Loss
: 7.200 — 7.375
: 7.550 ( 4.9% ) , 7.675 ( 6.6% )
: 7.125 ( - 1.0% )
BRPT - Daily 5/8/2018 Open 2330, Hi 2330, Lo 2250, Clos e 2300 (-1.3%) MA(Clos e,50) = 2,457.60
2,700
2,600
2570
2530
2500
2450
2420
2390
2370
2332.22
2237.73
2179.7
2139.92
2088.52
2027.18
2,500
2,457.6
2,400
2,300
2,300
2,200
2,100
2,000
1,900
1,800
1,700
1,600
Aug
Sep
Oct
Nov
Dec
2018
Feb
Mar
Apr
May
BRPT - MACD(12,26) = -28.83, Signal(12,26,9) = -2.72
100
50
Aug
Sep
Oct
Nov
Dec
2018
Feb
Mar
Apr
May
-2.72371
0
-28.834
-50
BRPT - Stoch %K(15,3) = 10.22, Stoch %D(15,3,3) = 9.95
80
20
10.2188
BRPT : BUY ON W EAKN ESS
BRPT belum berhasil break diat as Resist ance 2.330 dan berpeluang m enguj i Support 2.250, 2.180 dan 2.140 dalam j angka
pendek. Nam un, Jika BRPT berhasil break dan bert ahan di Resist ance 2.330 m aka BRPT akan m encoba Resist ance 2.370, 2.420
dan 2.450. BRPT dilihat dari indikat or St oc osc m engindikasikan pola Reversal.
Ent ry point
Exit point
St op Loss
: 2.250 — 2.300
: 2.330 ( 3.6% ) , 2.370 ( 5.3% )
: 2.180 ( - 3.1% )
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Pick s of Th e D a y
INCO - Daily 5/8/2018 Open 3120, Hi 3150, Lo 3020, Clos e 3120 (0.6%) MA(Clos e,50) = 3,140.40
4060
4000
3940
3890
3860
4,000
3800
3770
3700
3,800
3610
3560
3,600
3430
3,400
3300
3200
3170
3,200
3,140.4
3,120
3060
3010
2940
3,000
2,800
2,600
2560
2,400
2,200
Aug
Sep
Oct
Nov
Dec
2018
Feb
Mar
Apr
May
INCO - MACD(12,26) = 0.82, Signal(12,26,9) = 37.08
200
37.0835
100
0.824069
0
-100
Aug
Sep
Oct
INCO - Stoch %K(15,3) = 11.67, Stoch %D(15,3,3) = 16.39
Nov
Dec
2018
Feb
Mar
Apr
May
80
16.3889
20
11.6667
I N CO : BUY ON W EAKN ESS
I N CO belum berhasil break Resist ance 3.170 dan berpeluang m enguj i Support 3.060, 3.010 dan 2.940 dalam j angka pendek.
Nam un, Jika I N CO berhasil break dan bert ahan diat as Resist ance 3.170 m aka I N CO akan m encoba Resist ance di 3.200, 3.300
dan 3.430. in co dilihat dari indikat or Stoc osc m engindikasikan pola Oversold.
Ent ry point
Exit point
St op Loss
: 47.800 — 47.900
: 48.550 ( 1.6% ) , 49.050 ( 2.6% )
: 47.200 ( - 1.3% )
SMGR - Daily 5/8/2018 Open 9100, Hi 9150, Lo 8800, Clos e 8975 (-1.6%) MA(Clos e,50) = 10,216.00
11,400
11,200
11,000
10,800
10,600
10,400
10,216
10,200
10100
9975
10,000
9825
9,800
9650
9,600
9500
9,400
9200
9150
9075
9000
8900
8800
9,200
9,000
8,975
8,800
8,600
8,400
Aug
Sep
Oct
Nov
Dec
2018
Feb
Mar
Apr
May
SMGR - MACD(12,26) = -350.41, Signal(12,26,9) = -276.73
200
0
Aug
Sep
Oct
Nov
Dec
2018
Feb
Mar
Apr
May
-276.73
-200
-350.411
SMGR - Stoch %K(15,3) = 12.13, Stoch %D(15,3,3) = 9.82
80
20
12.1349
SM GR : BUY ON W EAKN ESS
SM GR belum berhasil break Resist ance 9.200 dan berpeluang m enguj i Support 8.900, 8.800 dan 8.600 dalam j angka pendek.
Nam un, j ika SM GR berhasil break dan bert ahan diat as Resist ance 9.200 m aka SM GR akan m encoba Resist ance 9.400, 9.500 dan
9.650. I ndikat or St oc osc m engindikasikan pola Reversal.
Ent ry point
Exit point
St op Loss
: 8.900 — 8.975
: 9.200 ( 3.4% ) , 9.400 ( 5.6% )
: 8.800 ( - 1.1% )
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HEAD OF RESEARCH
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SENIOR EQUITY ANALYST
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Consumer Goods, Plantation, Pulp and Paper
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DISCLAIMER
This material is issued by PT Sinarmas Sekuritas, a member of Indonesia Stock Exchanges, represent the opinion of PT Sinarmas Sekuritas, derived its judgment from sources deemed reliable, however, PT Sinarmas Sekuritas and its affiliated cannot guarantee its accuracy and completeness. PT Sinarmas Sekuritas or its affiliates may be involved in transactions contrary to any opinion herein or have positions in the securities recommended herein and may seek or
will seek investment banking or other business relationships with the companies in this material. PT Sinarmas Sekuritas, its employees and its affiliates,
expressly disclaim any and all liability for representation or warranties, expressed or implied, here in or omission there from or for any loss how so ever
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and are subject to change without notice. For further information please contact our number +62 21 392 5550 or fax +62 21 392 2320.