IHSG +0,57% ke 7.789,645 di sesi I Senin (21/10). IDX Sektor Teknologi +1,7% EMTK +14,16% WIFI +16,85%. WIFi menguat tersengat tersengat sentimen pelantikan Prabowo-Gibran, usai melakukan kerja sama bisnis bersama entitas usaha Hashim Djojohadikusumo yang merupakan adik Presiden Prabowo Subianto. IDX Sektor Barang Baku +1,24% PSAB +9,24% ANTM +5,54% di tengah harga emas New ATH. IDX Sektor Properti +0,64% PANI +8,23% New ATH intraday Rp15.475. Dari global, Indeks Dow Jones Industrial Average (DJIA) dan S&P 500 mencatat rekor penutupan tertinggi diJumat, nasdaq juga berakhir di zona positif. Pasar didukung oleh lonjakan harga saham Netflix, serta kenaikan lebih luas di saham teknologi.
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TVTranscript
00:00We are still in IDX Session Closing, and we are still using Antutu to be able to participate in our interactive WhatsApp at 08.12.8788.723, as shown on your TV screen.
00:18And right now, we are connected via Zoom with Mr. Muhammad Wafi, a Research Analyst at the Indonesian National Security Agency.
00:25We will go straight to him. Mr. Wafi, good afternoon. How are you, sir?
00:28Good afternoon, Mr. David. How are you?
00:32Thank you, Mr. Wafi, for taking the time to be on IDX Channel.
00:36Today, the Samkabungan family tends to strengthen Mr. Wafi.
00:39And earlier, intraday, he tried to get closer to the level of 7,800.
00:44And he also had a chance to move to the red zone.
00:47However, the current position is still strengthening, but the strengthening is more towards this limit.
00:52What is your analysis? Trade at the beginning of the month for the Samkabungan family?
00:57Yes, actually there are a few things that we can pay attention to.
01:00First, in terms of the increase in IHSG, it is true, as Mr. David said.
01:05It seems that the increase in IHSG for now is quite limited.
01:09This is because if we look back, the IHSG has increased for about six consecutive days without a single correction.
01:18So the increase today is more likely to be limited.
01:23And it may be used by some investors to take profit first, technically.
01:30And if we look at it in a catalytic way, one of the things that is actually still driving this increase is, of course,
01:35President Prabowo's interim term and his new cabinet,
01:40which slightly reduces the risk of uncertainty from the market that has occurred in recent times.
01:47Indeed, if we look at the beginning of the trade, the IHSG was in a negative territory.
01:53I think investors must also be affected by the news of the decline in the loan crime rate from the Bank of China,
02:02where the Bank of China then lowered the level of its relationships lower or deeper than the market consensus.
02:11So those are a few things that happened today.
02:15And we see that the positive catalyst for the future can still continue for the IHSG,
02:21even though in the short term, it seems that the IHSG needs to make the correction first.
02:28Where will the support and resistance of Mr. Wafie for the Samkabungan family and at least the future direction go?
02:36Yes, for the support level itself, I see that the support level at IDR 7,650 is still a reasonable level of support and correction for the IHSG.
02:45Meanwhile, for the resistance level for the next week, I see that our level at IDR 7,850 is close to IDR 7,900.
02:55That will be the next closest resistance level for the IHSG.
03:00Okay, interim term, where is it going?
03:03For the interim term, we still see that the value of the IHSG by the end of the year will be around IDR 7,800,
03:12according to the current level.
03:14Remembering that if we look at the value of the IHSG for now,
03:18it can be said that it is no longer relatively cheap with a value of almost 15 times the price-to-earning ratio.
03:25Okay, Mr. Wafie, what do you think about the position of Prabowo Gibran as the elected president and representative?
03:35It seems that this also gives some effects, especially to some emitters in the Indonesian stock exchange.
03:42Today, the technology sector is experiencing significant strength and leading from the sectoral movement, especially in the first session this afternoon, Mr. Wafie.
03:52There is WIRG, there is also WIFI in its explanation.
03:57This is affiliated to the supporters of Capres and Cawapres elected.
04:04How is your analysis related to conditions like this?
04:08Yes, actually there are several factors that we can relate to.
04:11The first factor, as Mr. David said,
04:13indeed, if we look at it, there is an affiliation or a connection with Capres or Mr. Prabowo Gibran elected by us.
04:21However, if we look at it in terms of fundamentals and momentum, it is actually quite normal if the technology sector experiences an increase.
04:29Because indeed, the technology sector is quite a technical sector.
04:33And in terms of nature, it will be benefited by a decline in the relationship, which seems to continue until the end of this year.
04:42It will even have the potential to continue next year.
04:46Okay, let's go straight to the WIFI stock, Mr. Wafie.
04:50Today, it continues to grow at 18.54%.
04:54Actually, I have also done a small research, Mr. Wafie,
05:00where it is summarized from various sources,
05:02this WIFI cooperates with Hasim Joyo Hadikusumur,
05:09coincidentally, the younger brother of the elected president.
05:12How is it, especially from a technical point of view?
05:14Maybe, Mr. Wafie, 4.22%, 18.54%?
05:18Yes, if we look at the current level at 4.22%, I think it's relatively high.
05:23And some indicators have also entered the area of ​​the buying zone.
05:27In terms of trend, indeed, WIFI is still in the bullish phase.
05:32However, the correction to level 360 will be a fairly normal correction.
05:38So maybe be more careful for those who are just planning to enter WIFI.
05:43It should be around level 360.
05:46Meanwhile, for the nearest resistance level, it is currently at level 440.
05:50And if it can be pushed, there is a potential to continue to rise to level 470.
05:56Okay, in the last six months, the rise has been quite significant, sir.
06:00At 217, year-to-date at 174.
06:04The performance, if I'm not mistaken, was also quite good for the last performance.
06:08How do you see the future prospects of WIFI?
06:11Outside of this peak, actually, sir?
06:14Yes, business-wise, it's actually quite positive in terms of performance.
06:18Where if we look at WIFI itself,
06:20it just got a network development contract near Kabul,
06:25around the island of Java,
06:27which initially followed the expressway from Jakarta-Bandung,
06:31then it was developed again to the entire island of Java.
06:34And this will increase the performance from an income point of view.
06:39Although, maybe if we look at the rise in stock prices,
06:43which is already quite significant at the moment,
06:45maybe it will create a positive performance that will be able to reach level 440.
06:51In terms of valuation, maybe it looks quite normal.
06:54So we will see a rise in stock prices that is already quite high at the moment.
06:58Okay, from WIFI, let's move on to WIRG, sir.
07:05Yes, for WIRG itself, it has the same movement pattern as WIFI.
07:11The trend has entered a bullish phase,
07:14but considering today's rise is quite high at 21.74%,
07:19I think a correction can occur up to a level of around 130.
07:25Maybe it can be considered if you want to enter around that.
07:28With the nearest resistance at the moment at 150,
07:32which if it is pushed, it has the potential to continue to rise to level 180.
07:37Okay, is there any support from the volume side, sir?
07:40Significant strengthening of WIRG today?
07:42Yes, the volume is quite significant, very significant.
07:46Maybe three times higher than the average daily volume transaction.
07:52Actually, it makes me a little worried about the possibility of profit taking in the next few days.
07:58Okay, today's closing at 140 strengthens at 21.74%.
08:03Let's move on to other technology emitters, sir.
08:06There is M-TECH, Langmah Kota, which has also risen significantly today.
08:11Actually, it is not affiliated, but this emitter,
08:15technically, how do you position it?
08:18Is it affected in this matter for M-TECH, sir?
08:22Yes, if we look at today's movement,
08:25there has been a break-out confirmation of the MA200 resistance,
08:29at least for M-TECH, which confirms the early bullish phase.
08:34However, the first two things are usually after the break-out,
08:38there will be a pullback first,
08:40and the second is in terms of today's increase,
08:4315.3% increase,
08:45which makes this share prone to profit taking first,
08:50correction.
08:51Correction up to level 47.5 is a fairly normal level of correction,
08:54with a resistance as close as 520.
08:59Okay.
09:00In addition to the strengthening of technology shares,
09:02Mr. Wafi, today, Barang Baku also experienced a strengthening,
09:06especially from gold producer emitters.
09:10Even though there are variations,
09:11some are purely focused on gold,
09:13or there are also some other emitters
09:15that diversify to other commodities.
09:19How do you see this position,
09:20especially for the gold price outlook first?
09:23Mr. Wafi, is there a possibility for it to reach level 3000 later?
09:28Yes, indeed, if we look at it,
09:29with a fairly significant increase in gold price,
09:32I see the potential for gold price increase for now
09:36seems to be quite limited.
09:39We ourselves estimate for this year,
09:42it looks like the gold price resistance level
09:44will be around 2800-2900 per troy ounce.
09:49And we do see a potential decrease in gold price
09:53as the economic conditions improve in the future.
09:57Okay.
09:58Let's review for Antam first, Mr. Wafi,
10:00before we update the closing position in the second session today.
10:04The closing position is at 1690,
10:06before it was at 1700, Mr. Wafi.
10:09It's quite interesting,
10:10when the gold commodity price has experienced
10:12a new all-time high several times,
10:14and in the last few times,
10:15but the response to Antam is not quite significant.
10:19What is your analysis for Antam?
10:22For Antam, if we look at it fundamentally,
10:24it's already pure gold.
10:26Maybe there is a nickel inside.
10:28If we look at the commodity price,
10:30it's also a bit slow or lagging.
10:33Compared to other commodities.
10:35And that is also reflected in Antam's all-time high performance.
10:40And if we look at the current price position at 1690,
10:46actually Antam has confirmed its bullish phase.
10:51Even though if we read the intraday movement,
10:54which was at its highest level at 1765,
10:57it looks like there is still a potential for correction first for Antam.
11:02At least up to level 1620,
11:05before going back to the resistance level at 1800.
11:09Okay.
11:10Antam shares are also significant today,
11:12in line with the strengthening of the gold commodity price,
11:16which has reached its highest level.
11:18But again, this depends on the business sector.
11:21Is there a diversification,
11:23or is there a pure M&M or a focus on gold?
11:26Again, the investment decision is still in the hands of the ITX channel.
11:30Mr. Wafi, let's pause for a moment.
11:32I will try to provide an update on the closing of trading in the second session today,
11:36and also some other graphic information that was collected by our Redhasi team.
11:40And the share price analysis in the second session today,
11:43was closed at 0.16%, at level 7702.596.
11:50Where intraday throughout today's trading,
11:53opened in the first session this morning at 7760.191,
11:58was able to reach its highest level at 7795.087,
12:04and the lowest level at 7739.887.
12:10Let's just take a look at the first graphic analysis.
12:13We will try to see the position of the closing of several other indexes,
12:17in the second session today.
12:19Like MNC36, Jakarta Islamic Index, and also LQ45.
12:24Where MNC36 is strong at 0.18%, Jakarta Islamic Index is strong at 0.18%,
12:31and LQ45 is thin at 0.04%.
12:36Let's move on to the next graphic,
12:38the sectoral movement rotation at the closing of the second session today.
12:41Technology leads the strength at 1.86%, property is also strong at 1.15%.
12:48Primary consumption is weak at 0.50%, health is also weak at 0.42%.
12:55Let's move on to the next graphic,
12:56SAMSAM, which experienced significant strength today.
13:00There is Astra International,
13:02strengthened to 5100,
13:04PANI also today, was able to reach the level of the new all-time high.
13:08Closed at 15600,
13:10ANTAM, we just reviewed at 1690,
13:13PSAB is also fast today at Rp410 per share.
13:16Let's move on to the next graphic,
13:18SAMSAM, which experienced significant strength today.
13:21MLPL,
13:22pressed to Rp157,
13:24BREN,
13:25its position strengthened to Rp7025,
13:27LTKR,
13:29we are pressed at Rp131,
13:31SMGR also weakened,
13:32USAI rose high,
13:33closed and weakened at Rp4410 per share.
13:36Trading closing update in the second session today,
13:38and hopefully it can be a reference for you,
13:40especially in dealing with trading in the coming days.
13:47We will be back soon and stay in your place.
13:49For any recommendations, we will be back soon.