"Saksikan tayangan kami Official Youtube IDX Channel di Program Market Buzz, Jumat (03/01/2024) dengan Tema IHSG Naik di Atas 1%, di Perdagangan Perdana 2025."
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00:00As far as I know, the S&P index will continue to strengthen today.
00:04Meanwhile, oil prices are also strengthening.
00:07Global oil, which makes global prices such as Europe, is also rising.
00:11Let's take a look at some of the global economic agendas.
00:14Among them are from Japan, which is still on holiday.
00:17Then there is Singapore, the retail sales of Singapore month-on-month and in November.
00:21Then India, the reserve on the visa.
00:23Germany, unemployment rate.
00:25And let's take a look at the earnings from the ME10.
00:28There is an interim cash dividend from Acro and an interim cash dividend from KKGI.
00:40Let's update from the Asian Stock Exchange.
00:42The opening of the Asian Stock Exchange on the second day of trading.
00:48We observe that it tends to strengthen because some are still closed, such as Nikkei Japan.
00:52Then there is Singapore's straight time, up 0.46%.
00:55KOSPI increased by 1.83%.
00:57It should be able to boost.
00:59Domestic stocks may also experience continued strengthening.
01:02Let's continue.
01:20Yesterday, the IHSG on the first day of trading in the new year was closed.
01:24Strengthened by more than 1% with support from the main stock sector and also finance.
01:30To discuss it, we will discuss it again this morning with Mrs. Sulis Tina Prima Sucy,
01:36Head of Investor Relations, Independent Main Security.
01:39Good morning, Mrs. Sulis.
01:42Good morning, Mrs. Prisa.
01:44Happy New Year. I hope you are always healthy.
01:46Happy New Year to Mrs. Prisa and all the investors.
01:50Mrs. Sulis, the opening of the first day of trading.
01:53The IHSG on the second day of trading was closed due to more than 1%.
01:57How do you see it?
01:59Stocks and finance are leading the strengthening.
02:05Okay, good.
02:06Indeed, the strengthening of the IHSG is a fresh wind.
02:09So to increase the optimism of investors after last December
02:14which was expected to be a window dressing,
02:17turned out to be a failure.
02:18And this is also a motivation for investors.
02:21In addition, a few positive sentiments from domestic related to the cancellation of 12% PPN for daily necessities
02:29because it only applies to luxury goods.
02:31Then this can also be a trigger for foreign investors to return to the Indonesian stock market.
02:39Because yesterday, with the strengthening of the IHSG by more than 1%,
02:43foreign investors began to record net buys, especially in banking stocks.
02:48For example, in BBRI, net buys were recorded at around 76M.
02:52Then also in BNI, around 47M.
02:55And also in BBCA, around 39 billion.
02:57So indeed, for now, the positive domestic sentiment is a trigger for the strengthening of the IHSG yesterday.
03:05Okay.
03:07If we look at it, from the net foreign buy recorded by foreign investors,
03:11the highest was BBRI, right?
03:14Correct.
03:15Is there a strong correlation, even though this information has been conveyed since the end of last year or December,
03:23about the dividend from BBRI itself, which seems to be paid on January 13th, if I'm not mistaken?
03:30Yes, so on December 16th, BBRI announced about the interim dividend,
03:36which yielded around 3%.
03:39This is quite interesting.
03:41This is also a trigger for the strengthening of the IHSG yesterday.
03:45But indeed, technically or in terms of trend movements,
03:49BBRI is still moving in the downward trend.
03:52So for now, it has begun to consolidate actually in the support level,
03:58which is level 4050 to 4250.
04:03Hopefully, this is a positive signal that the pressure of selling foreign investors has begun to subside.
04:09For the preparation to welcome the full year report in 2024 later.
04:15Okay.
04:16We repeat that for the interim dividend for the year 2024,
04:20the total value of Rp20.4 trillion or Rp135 per share will be paid by BBRI on January 15th, 2025.
04:30Okay.
04:31You just said that it welcomes the full year financial report in 2024.
04:36Correct.
04:37What are the projections from Samsung like BRI for the full year?
04:41Okay.
04:42If you look at Samsung Big Bang,
04:44actually, even though the year-to-date price is still under pressure,
04:49only BCA is still noting the strengthening year-to-date.
04:53But for the current position, it's starting to be interesting for the long term.
04:58Especially for investors who want to keep it for a long time.
05:03The current price has become the lowest level in the past year.
05:09So, you can pay attention to start accumulating.
05:13Because year-to-date, BRI has dropped by more than 25%.
05:18BMRI has dropped by almost 5%.
05:21And also for BCA, in the last three months, it has dropped by 6%.
05:27So, to welcome the financial report,
05:30with the results in November, which still notes the growth of the stock market,
05:35it's still quite positive for the banks,
05:38especially for the Big Bang,
05:40the final dividend that will be distributed in March later historically.
05:45Okay.
05:46Let's start first,
05:47from the bank share that you most recommend,
05:50which share did it fall to?
05:52If among the four Big Banks,
05:54I still recommend BBRI.
05:57Because the price has been discounted quite a lot.
06:01And also in terms of valuation, it's starting to be interesting.
06:04In the middle, there's a lot of drop in the stock price.
06:08But in terms of fundamentals, it's still quite strong.
06:10With the increase in interest in the last month of November.
06:13Okay.
06:14With the strengthening reported by BRI in trading yesterday,
06:17what should be the strategy to enter BRI again?
06:22Okay.
06:23Let's take a look.
06:24In terms of yesterday's movement,
06:26the strength has reached around 3%.
06:29So, for now, if you want to enter,
06:31it's better to wait first.
06:33Because at the moment, the movement is technically still maintained
06:37at the resistance level of the MA20.
06:40So, for you guys,
06:41maybe you can watch in the support area,
06:43around 4,090 to 4,120,
06:48that can be the buying level, guys.
06:51Okay.
06:52That's the buying level.
06:53With the target,
06:55at least, how long is the timeframe?
06:57And what is the target level?
07:00Okay.
07:01For now, maybe the timeframe is around 3 months.
07:05Until the announcement of the final dividend in March,
07:09historically,
07:10as a target,
07:11I try to project it to the level of around 4,600 first.
07:16For 4,600 to 4,800.
07:19Okay.
07:20Is there any risk limit
07:21that might change the pattern of BRI
07:24to be less attractive
07:26when it touches that position again?
07:29Okay.
07:30So, BRI will be less attractive
07:32if it goes back to the level of 4,000.
07:34So, at the moment,
07:35it's still the lowest level by year.
07:38It's at the level of 4,050.
07:40So, if BRI goes back below 4,050,
07:44it will be a negative trend for BRI.
07:48Especially if it goes below 4,000.
07:50So, at the moment,
07:51the strongest psychological support is at 4,000.
07:55Okay.
07:56Aside from the previous dividend,
07:58the one that became a supporter is also stoneware.
08:00Maybe there is a brand there.
08:01What is your analysis?
08:02Do you have any other projections about the stoneware sector?
08:07Okay.
08:08For the stoneware sector itself,
08:10it might also be triggered.
08:12Because of the 12% increase in PPN
08:16for daily necessities,
08:18it will certainly protect people's purchasing power
08:24and also for production.
08:26That's why some stoneware stocks,
08:28like the one in the brand,
08:30went up.
08:31Then there are also some conglomerate stocks
08:33that are still the dominant
08:35for the IHSG strengthening movement yesterday.
08:38So, for stoneware,
08:40it's still for the short-term first.
08:44For the short-term first.
08:46For the brand,
08:47is there a short-term strategy that you can give?
08:50Okay.
08:51For the brand itself,
08:53there is still a chance.
08:55Because in terms of trends,
08:57there is already an uptrend confirmation.
09:00Then, technically,
09:02there is a potential to close the gap
09:04at level 10,200 to level 10,700.
09:07So, for now,
09:08as long as the brand is still above level 9,000,
09:11you can still monitor to follow it.
09:14Okay.
09:15It can still be monitored for the brand stocks.
09:17Those are some of the stocks that indeed
09:19support the performance of the stoneware price index.
09:21Yesterday, it was closed by more than 1%.
09:23The projection in the second trading day
09:25after the European Stock Exchange,
09:26we see that it is strengthening
09:27even though the US fell.
09:29Is there a chance to continue strengthening
09:30for the IHSG,
09:31maybe supported by the oil price too?
09:33That's right.
09:34For today,
09:35maybe because this is the last week,
09:38in the first trading week in 2025,
09:43there is still a tendency to continue strengthening.
09:46Because the IHSG per day
09:48has also been opened to strengthen
09:50at around 0.3%.
09:51So, for now,
09:52the resistance that you can monitor
09:55for the IHSG
09:56is still at the level of around 7,200
09:58to 7,250.
10:00Okay.
10:01There is a chance to continue strengthening.
10:03Recommendations on other options and sentiments,
10:05we will review later.
10:06And also Mrs. Sulis,
10:07in the meantime,
10:08stay tuned on MarketBas.