volume jci index - sinarmas sekuritassecure site...

1

Today’s Market:

IHSG diperkirakan bergerak mixed. Bursa AS ditutup

melemah pada perdagangan Kamis (21/11) seiring dengan

pesimisme terkait perkembangan negosiasi dagang AS-

China. Harga batubara stabil di level USD 67,55 per Mt.

Crude oil naik ke level USD 58,26 per barrel. Rupiah stabil

terhadap Dollar AS di level Rp 14.092. 10Yr Government

Bonds Yield stabil di level 7,09%.

Dari dalam negeri, Bank Indonesia mempertahankan BI

7DRRR sebesar 5,0%, suku bunga deposit facility 4,25%,

dan suku bunga lending facility 5,75%. BI menurunkan Giro

Wajib Minimum (GWM) sebesar 50 bps untuk bank umum

dan bank umum syariah. Penurunan tersebut menjadi katal-

is untuk kondisi likuiditas perbankan saat ini.

Sehubungan dengan industri, pemerintah tengah mempros-

es revisi formula harga dasar solar bersubsidi sesuai Kepu-

tusan Menteri ESDM. Dengan revisi ini, harga solar bersub-

sidi berpotensi naik 5,2% dan AKR Corporindo (AKRA) akan

kembali menyalurkan solar bersubsidi mulai tahun depan.

Sehubungan dengan emiten, Adaro Energy (ADRO) mencat-

atkan pendapatan 9M19 sebesar USD 2,65 miliar (-0,5%

YoY), dan laba bersih USD 406 juta (+29,7% YoY). Hasil

tersebut sejalan dengan estimasi kami, dan sedikit di atas

estimasi konsensus.

Sehubungan dengan emiten, Adhi Karya (ADHI) mencat-

atkan kontrak baru Rp 8,4 triliun hingga Oktober 2019, atau

setara 28% dari target tahun ini.

Secara teknikal indeks hari Jumat (22/11), IHSG diprediksi

bergerak di kisaran 6076-6150.

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, November 22, 2019

ID X Stat ist ics C lo sing

JCI 6,117.36

Transaction Value Regular M arket (IDR tn) 4.755

Transaction Volume Regular M arket (mn shares) 5,074

Foreign Net Buy (Sell) (IDR bn) (404)

Foreign Net Buy (Sell) 3.09

Total M arket Capitalization (IDR tn) 7,062.95

LQ45 980.32 (0.81) (0.25)

EIDO 24.71 (0.60) (0.44)

IDX 22.37 (0.22) 2.80

DOW JONES 27,766.29 (0.20) 19.03

S&P 500 3,103.54 (0.16) 23.80

NASDAQ 8,506.21 (0.24) 28.20

FTSE 7,238.55 (0.33) 7.59

NIKKEI 23,038.58 (0.48) 15.11

HANG SENG 26,466.88 (1.57) 2.40

STRAITS TIM ES 3,192.21 (1.16) 4.02

KLSE 1,592.19 (0.56) (5.82)

USD/IDR 14,092.00 0.00 (2.11)

EUR/IDR 15,586.89 (0.15) (5.51)

JPY/IDR 129.72 (0.33) (0.72)

SGD/IDR 10,343.06 (0.05) (2.02)

AUD/IDR 9,565.58 (0.07) (6.23)

GBP/IDR 18,198.29 (0.13) (0.66)

Crude Oil (USD/barrel) 58.26 7:55:36 AM 28.30

Coal (USD/mn tons) 67.55 11/21/2019 (33.81)

Natural Gas (USD/mmBtu) 2.59 7:55:33 AM (12.04)

Gold (USD/ounce) 1,464.82 8:05:38 AM 14.21

Nickel (USD/mn tons) 14,505.00 8:05:36 AM 35.69

Tins (USD/mn tons) 16,400.00 11/21/2019 (15.79)

CPO (M YR/mn tons) 2,572.00 11/21/2019 28.34

Rubber (JPY/kg) 171.80 7:55:26 AM (0.12)

Wheat (USD/bushel) 509.00 11/21/2019 1.14

Corn (USD/bushel) 368.50 11/21/2019 (1.73)

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 37.7 poin (0.61%) ke level 6117.36.

Sementara LQ45 turun sebanyak 8 poin (0.81%) ke level

980.32. Foreign net sell sebesar Rp 404.48 miliar.

02,000

4,000

6,000

8,00010,000

12,000

14,00016,000

18,000

3,000

3,500

4,000

4,500

5,000

5,500

6,000

6,500

7,000

Nov-

18

Dec-

18

Jan-

19

Feb-

19

Mar-

19

Apr-

19

May-

19

Jun-

19

Jul-

19

Aug-

19

Sep-

19

Oct-

19

Nov-

19

Millions

Volume JCI Index

2

Daily Corporate and Industry News

Bank Indonesia mempertahankan BI 7-day reverse repo rate (BI 7DRRR) sebesar 5,00%, suku bunga deposit facility 4,25%, dan suku bunga lending facility 5,75%. Bank Indonesia menurunkan Giro Wajib Minimum (GWM) sebesar 50 bps untuk bank umum dan bank umum syariah. Source: Bisnis Indonesia, Investor Daily Kementerian ESDM mengirimkan usulan kepada Kementerian Keuangan terkait revisi formula harga dasar solar. Jika formula baru diterapkan, harga dasar solar bersubsidi akan naik 5,2%. Source: Kontan Presiden Joko Widodo (Jokowi) memerintahkan Badan Koordinasi Penanaman Modal (BKPM) menjadi pusat penguru-san izin usaha di Indonesia. Dengan demikian, izin-izin yang tadinya ada di kementerian maupun pemerintah daerah akan diurus di badan tersebut. Source: Investor Daily Pemerintah tengah memproses revisi formula harga dasar solar bersubsidi sesuai Keputusan Menteri Energi dan Sumber Daya Mineral (ESDM) Nomor 62 K/10/ MEM/2019. Dengan revisi ini, AKR Corporindo (AKRA) akan kembali menyalurkan solar bersubsidi mulai tahun depan. Source: Investor Daily Asuransi Jiwasraya (Persero) selaku induk usaha tidak akan menjadi pemilik mayoritas saham Jiwasraya Putra. In-vestor strategis terpilih akan menjadi pemilik saham mayoritas dari anak perusahaan asuransi jiwa pelat merah itu. Source: Bisnis Indonesia PT LRT Jakarta akan memulai operasional Light Tail Transit (LRT) Jakarta fase 1 sepanjang 5,8 kilometer (km) secara komersial pada 1 Desember 2019. Untuk tarifnya, anak usaha PT Jakarta Propertindo (Jakpro) itu mematok senilai Rp 5.000 per penumpang. Indosat (ISAT) segera menyelesaikan transaksi penjualan 3.100 menara telekomunikasi kepada Grup Djarum dan PT Telekomunikasi Indonesia Tbk (TLKM) sebelum tutup tahun 2019. Transaksi ini diproyeksikan berkontribusi hingga Rp 2,26 triliun terhadap arus kas perseroan. Source: Investor Daily Krakatau Steel (KRAS) berniat memperkuat aliansi bisnis dengan mitra strategisnya, yakni Pohang Iron and Steel Company atau Posco. Perusahaan baja asal Korea Selatan tersebut dikabarkan berencana menanamkan investasi di Indonesia sekitar US$ 2,5-3 miliar. Source: Investor Daily PT Jakarta Propertindo (Jakpro) siap memulai konstruksi proyek LRT Jakarta fase II mulai awal tahun 2020. Proyek ini mengarah ke utara, dari stasiun Kelapa Gading ke Jakarta International Stadium (JIS). Source: Kontan PP Presisi (PPRE) yang merupakan anak usaha PT PP (Persero) ini mematok pertumbuhan kontrak baru pada 2020 mendatang sebesar 20 hingga 30 persen secara tahunan, atau di kisaran Rp 6,96 - 7,54 triliun. Source: IQPlus Adhi Karya (ADHI) mencatatkan kontrak baru Rp 8,4 triliun hingga Oktober 2019, atau setara 28% dari target tahun ini. Source: Kontan PT Lion Mentari Airlines dikabarkan menunda aksi penawaran umum perdana (initial public offering/IPO) saham yang seharusnya dieksekusi pada tahun ini. Source: Bisnis Indonesia


3

World Equity Indices

Source: Bloomberg, Sinarmas Investment Research


WOR LD EQUIT Y IN D IC ES

N O T IC KER

1 INDU Index 28,090.21 21,712.53 4,438.83 19.03 19.11 18.76 4.12 4.03 7,840.55 7,840.55

2 SPX Index 3,127.64 2,346.58 596.69 23.80 20.58 18.85 3.47 3.36 26,770.72 26,770.72

3 CCM P Index 8,589.76 6,190.17 1,870.93 28.20 31.37 25.85 4.58 4.66 13,151.74 13,151.74

4 SPTSX Index 17,040.60 13,776.88 2,676.33 18.69 17.30 15.71 1.81 1.70 2,613.91 1,961.80

5 M EXBOL Index 45,599.57 38,265.51 1,615.16 3.88 16.82 15.30 2.07 2.00 5,418.42 277.49

6 SX5E Index 3,733.45 2,908.70 678.24 22.60 19.88 15.50 1.75 1.71 3,239.45 3,583.80

7 UKX Index 7,727.49 6,536.53 510.42 7.59 17.47 13.25 1.67 1.70 1,931.15 2,491.96

8 CAC Index 5,966.79 4,555.99 1,150.52 24.32 21.07 16.06 1.72 1.67 1,804.53 1,996.36

9 DAX Index 13,374.27 10,279.20 2,578.74 24.42 24.33 15.70 1.64 1.61 1,221.03 1,350.82

10 IBEX Index 9,587.60 8,286.20 674.10 7.89 15.01 12.85 1.29 1.27 577.48 638.86

11 FTSEM IB Index 23,827.58 17,914.03 4,955.75 27.05 14.03 12.00 1.20 1.17 525.98 581.90

12 AEX Index 602.37 472.19 101.97 20.90 17.58 17.52 1.89 1.90 696.15 770.15

13 SM I Index 10,428.57 8,138.56 1,909.05 22.65 24.15 17.52 2.67 2.49 1,239.09 1,248.33

14 AS51 Index 6,875.50 5,410.20 1,070.20 18.95 19.80 17.63 2.16 2.09 1,998.09 1,356.70

15 AS30 Index 6,958.70 5,478.40 1,113.00 19.49 20.44 17.23 2.10 2.08 2,176.82 1,478.06

16 SHSZ300 Index 4,126.09 2,935.83 878.95 29.19 13.63 12.70 1.75 1.68 30,948.96 4,402.85

17 SHASHR Index 3,444.44 2,555.84 430.80 16.50 14.00 11.56 1.42 1.34 32,369.82 4,604.98

18 SZASHR Index 1,881.65 1,287.89 380.71 28.72 34.01 19.59 2.38 2.56 22,185.67 3,156.17

19 HSI Index 30,280.12 24,896.87 621.18 2.40 10.34 10.51 1.16 1.14 17,053.35 2,180.46

20 HSCEI Index 11,881.68 9,731.89 325.47 3.21 8.24 8.21 1.09 1.06 12,120.17 1,549.70

21 SENSEX Index 40,816.38 34,426.29 4,506.84 12.50 28.93 22.29 2.93 2.88 72,611.07 1,011.99

22 NIFTY Index 12,103.05 10,333.85 1,105.85 10.18 26.13 21.20 2.88 2.79 88,794.55 1,237.54

23 JCI Index 6,636.33 5,767.40 (77.13) (1.25) 19.17 16.00 2.03 2.14 7,062,950.43 501.13

24 LQ45 Index 1,059.65 888.02 (2.41) (0.25) 16.66 15.89 2.34 2.24 4,605,317.60 326.76

25 KSE100 Index 41,766.93 28,670.98 34.64 0.09 8.68 6.47 1.16 1.04 6,073.61 39.09

26 NKY Index 23,591.09 18,948.58 3,123.20 15.60 18.43 17.57 1.77 1.68 379,855.30 3,497.42

27 NEY Index 348.26 284.63 42.98 14.28 14.47 12.70 1.13 1.08 448,280.56 4,127.43

28 TPX Index 1,713.79 1,408.89 199.70 13.37 15.40 14.16 1.21 1.20 643,541.88 5,925.25

29 FBM KLCI Index 1,732.27 1,548.45 (98.39) (5.82) 19.51 16.67 1.60 1.46 1,020.32 244.95

30 NZSE Index 1,892.54 1,505.56 305.60 19.96 26.71 24.86 2.22 2.24 151.69 97.22

31 PCOM P Index 8,419.59 7,228.35 352.87 4.73 16.95 16.85 1.97 1.91 9,745.98 191.82

32 FSSTI Index 3,415.18 2,993.42 123.45 4.02 12.09 12.96 1.06 1.09 556.80 408.54

33 KOSPI Index 2,252.05 1,891.81 64.90 3.18 16.41 14.84 0.82 0.90 1,357,240.21 1,153.22

34 TWSE Index 11,668.20 9,319.28 1,830.86 18.82 18.96 17.68 1.74 1.85 34,747.45 1,137.92

35 SET Index 1,748.15 1,546.62 27.98 1.79 18.64 17.05 1.72 1.76 16,683.84 552.08

36 SET50 Index 1,164.72 1,031.45 28.18 2.70 18.23 17.30 2.01 1.87 11,730.55 388.17

37 VNINDEX Index 1,028.97 861.85 95.35 10.68 16.21 16.64 2.35 2.66 3,367,963.65 145.18

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

12M2019E

T railing

12M2019E

D o main

C urrencyUSD

4

LQ45



LQ45 Index

HIGH LOW POINT %Trailing

12M2019E

Trailing

12M2019E

1 ADRO IJ 1,310 1,510 1,010 95 7.82 #N/A N/A 7.15 #N/A N/A 0.76 41,901,610

2 AKRA IJ 3,540 5,875 3,530 (750) (17.48) 19.66 16.83 1.73 1.65 14,212,020

3 ANTM IJ 815 1,175 595 50 6.54 24.35 20.39 0.98 0.96 19,585,073

4 ASII IJ 6,600 8,775 6,250 (1,625) (19.76) 13.05 12.39 1.87 1.78 267,191,451

5 BBCA IJ 31,500 31,900 24,700 5,500 21.15 27.47 26.80 4.63 4.49 776,632,815

6 BBNI IJ 7,700 10,250 6,650 (1,100) (12.50) 9.23 9.14 1.21 1.20 143,594,655

7 BBRI IJ 4,220 4,730 3,430 560 15.30 15.33 14.73 2.62 2.57 520,519,318

8 BBTN IJ 2,150 2,860 1,780 (390) (15.35) 16.62 16.51 0.94 0.93 22,768,500

9 BMRI IJ 7,175 8,175 6,275 (200) (2.71) 12.32 12.17 1.70 1.71 334,833,333

10 BRPT IJ 1,215 1,265 396 737 154.18 145.94 43.12 6.48 0.96 108,148,326

11 BSDE IJ 1,350 1,580 1,120 95 7.57 8.62 10.03 0.90 0.87 25,983,040

12 BTPS IJ 3,900 4,220 1,650 2,105 117.27 30.00 23.10 7.52 5.85 30,044,430

13 CPIN IJ 6,900 8,825 4,190 (325) (4.50) 31.09 31.98 5.65 5.36 113,146,200

14 CTRA IJ 1,050 1,335 855 40 3.96 19.26 19.33 1.33 1.29 19,488,319

15 ERAA IJ 1,525 2,590 965 (675) (30.68) 13.68 11.99 1.04 0.95 4,864,750

16 EXCL IJ 3,500 3,730 1,875 1,520 76.77 - 61.14 1.98 1.98 37,407,861

17 GGRM IJ 53,175 100,975 49,175 (30,450) (36.41) 11.03 10.56 2.16 2.06 102,313,379

18 HMSP IJ 2,040 4,080 1,995 (1,670) (45.01) 16.93 16.37 7.43 6.57 237,288,877

19 ICBP IJ 11,400 12,550 8,850 950 9.09 26.69 26.60 5.55 5.52 132,945,751

20 INCO IJ 3,330 4,320 2,410 70 2.15 407.58 47.28 1.25 1.21 33,088,008

21 INDF IJ 7,950 8,050 5,850 500 6.71 14.30 14.87 1.92 1.96 69,804,391

22 INDY IJ 1,265 2,260 1,155 (320) (20.19) #N/A N/A 6.41 0.52 0.50 6,590,893

23 INKP IJ 7,425 13,800 5,325 (4,125) (35.71) 9.30 - 0.73 - 40,622,048

24 INTP IJ 19,675 22,875 17,000 1,225 6.64 42.50 44.51 3.24 3.10 72,428,234

25 ITMG IJ 11,850 24,475 11,700 (8,400) (41.48) 5.64 6.52 1.01 1.06 13,389,611

26 JPFA IJ 1,600 3,100 1,280 (550) (25.58) 12.14 11.42 1.87 1.76 18,762,520

27 JSMR IJ 5,150 6,450 3,920 870 20.33 19.33 18.04 2.06 1.99 37,378,037

28 KLBF IJ 1,525 1,690 1,260 5 0.33 27.84 27.33 4.67 4.46 71,484,561

29 LPPF IJ 3,550 7,325 2,940 (2,050) (36.61) 12.77 6.69 5.56 4.40 9,957,336

30 MEDC IJ 665 1,060 615 (20) (2.92) - 9.44 0.67 0.61 11,866,294

31 MNCN IJ 1,405 1,540 675 715 103.62 7.89 9.31 1.57 1.65 20,057,925

32 PGAS IJ 1,970 2,720 1,775 (150) (7.08) 15.70 13.98 1.30 1.23 47,755,771

33 PTBA IJ 2,380 4,520 2,110 (1,920) (44.65) 6.05 6.23 1.54 1.50 27,419,169

34 PTPP IJ 1,545 2,550 1,515 (260) (14.40) 8.19 6.37 0.74 0.66 9,578,841

35 PWON IJ 585 815 560 (35) (5.65) 9.67 10.56 1.95 1.85 28,173,367

36 SCMA IJ 1,295 2,030 1,080 (575) (30.75) 15.50 13.66 3.65 3.60 19,125,570

37 SMGR IJ 12,450 14,450 10,075 950 8.26 32.31 36.33 2.37 2.31 73,847,424

38 SRIL IJ 250 376 248 (108) (30.17) 4.15 3.55 0.62 - 5,113,044

39 TKIM IJ 11,625 14,450 5,575 525 4.73 17.09 - 1.87 - 36,191,224

40 TLKM IJ 4,020 4,500 3,431 322 8.72 19.66 18.64 4.00 3.66 398,230,111

41 TPIA IJ 9,050 9,925 4,680 3,125 52.74 114.64 107.07 6.47 6.42 161,393,358

42 UNTR IJ 22,100 32,500 19,650 (5,250) (19.20) 7.71 7.40 1.48 1.37 82,435,987

43 UNVR IJ 42,025 50,525 40,500 (3,375) (7.43) 43.84 42.97 46.55 45.20 320,650,750

44 WIKA IJ 1,980 2,500 1,290 325 19.64 7.98 8.80 1.12 1.09 17,760,504

45 WSKT IJ 1,425 2,230 1,415 (255) (15.18) 13.95 6.20 1.07 0.90 19,342,880

MARKET CAP

(Mn)LQ45 Index

CHANGE YTD PER (x) PBV (x)

21-Nov-19

52-WEEK

5

Macro data



D escript io n 1-D ay (%) 5-D ays (%) 1-M o nth (%) YT D (%)

Property (0.58) (2.14) (2.27) 11.22

Basic Industry (2.15) (0.08) 1.41 9.78

Trade (0.61) (1.95) (3.86) (0.73)

Finance 0.08 2.55 0.95 9.11

M iscellaneous Industry 0.12 (0.54) (2.14) (15.55)

Consumer (1.05) (1.25) (2.56) (20.31)

Infrastructure (1.04) (0.56) (7.01) 6.15

Agriculture 0.01 0.72 5.62 (10.01)

M ining (0.53) 1.90 (6.93) (16.70)

Oct-19 Sep-19

2.22 3.61

3.13 3.39

0.02 -0.27

126.70 124.33

F OR EX Spo t R ate 1-D ay (%) 1-M o nth (%) YT D (%)

USD/IDR 14,092.00 - (0.08) 2.11

USD/CNY 7.03 0.09 0.58 (2.19)

USD/EUR 0.90 (0.04) 0.56 3.63

USD/JPY 108.67 (0.04) (0.17) 0.94

USD/SGD 1.36 0.05 0.02 0.04

USD/AUD 1.47 (0.06) 0.95 3.78

USD/GBP 0.77 (0.04) (0.35) (1.24)

( in %)

5.80

0.96

1.46

6.52

7.09

7.46

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



Lending and D epo sit R ates

JIBOR (in IDR)

LIBOR (in GBP)

SIBOR ( in USD)

Technical Corner


JCI : MIXED

Last price : 6.117

Support : 6.086, 6.076

Resistance : 6.150, 6.180

JCI pada hari ini kami perkirakan akan bergerak MIXED dengan range 6.076 - 6.150. JCI belum berhasilbertahan diatas Resistance 6.150, berpeluang menguji Support 6.086 dan Support Trendline 6.076. Namun, jikaJCI bertahan diatas 6.150 akan mencoba Resistance 6.180 dan 6.230. Indikator MACD mengindikasikan polaDowntrend.

Jakarta Composite Index (JCI)

Summary of portfolio:

Stock Recommendation Comment

BBNI HOLD BBNI berhasil breakout Resistance 7.625 berpeluang melanjutkan penguatandengan mencoba Resistance Trendline 7.775 dan 7.850.

MACD BUY ON WEAKNESS MEDC berhasil breakout Resistance 655, berpeluang melanjutkan penguatandengan mencoba Resistance 670 dan 685.

INDF HOLD INDF belum berhasil break Resistance 8.025, berpeluang menguji Support7.925 dan 7.875.

CTRA REDUCE CTRA berhasil break Support 1.055 sebagai level Stop loss. CTRA masihberpeluang melanjutkan pelemahan dengan menguji Support 1.030 dan 1.015.

Bank Negara Indonesia Tbk ( BBNI )

Medco Energi Internasional Tbk ( MEDC )


BBNI : HOLD

Last price : 7.700Target price : 7.950 (4.6%)Stop Loss : 7.350 (-3.3%)

BBNI berhasil breakout Resistance 7.625 berpeluang melanjutkan penguatan dengan mencoba Resistance Trendline7.775 dan 7.850. Namun, jika BBNI gagal bertahan diatas 7.625, berpeluang menguji Support 7.525 dan 7.425.Indikator MACD mengindikasikan pola Golden Cross dan Indikator Stoc osc mengindikasikan pola Uptrend.

MEDC : BUY ON WEAKNESS

Last price : 665Target price : 685 (4.6%)Entry point : 655Stop loss : 640 (-2.3%)

MEDC berhasil breakout Resistance 655, berpeluang melanjutkan penguatan dengan mencoba Resistance 670 dan 685.Namun, jika MEDC gagal bertahan diatas Resistance 655, berpeluang menguji support 640 dan 625. Indikator MACDdan Stoc osc mengindikasikan pola Uptrend. Candle chart membentuk pola Morning star.

Support : 7.525, 7.425Resistance : 7.775, 7.850

Support : 655, 640Resistance : 670, 685

INDF : HOLD

Last price : 7.950Target price : 8.025 (4.2%)Stop Loss : 7.500 (-2.6%)

INDF belum berhasil break Resistance 8.025, berpeluang menguji Support 7.925 dan 7.875. Namun, jika INDF breakResistance 8.025 berpeluang mencoba Resistance 8.125 dan 8.200. INDF dilihat dari Indikator MACD mengindikasikanpola Uptrend dan Stoc osc mengindikasikan pola Overbought.

CTRA : REDUCE

Last price : 1.050Stop loss : 1.055 (-3.2%)

CTRA berhasil break Support 1.055 sebagai level Stop loss. CTRA masih berpeluang melanjutkan pelemahan denganmenguji Support 1.030 dan 1.015. CTRA dilihat dari Indikator Stochastic dan MACD mengindikasikan pola Downtrend.



Ciputra Develpoment Tbk ( CTRA )

Indofood Sukses MakmurTbk ( INDF )


PT Sinarmas Sekuritas

Sinarmas Land Plaza Tower 3, 6th Fl.

Jl. M. H. Thamrin no. 51

Tel: +62 21 392 5550

Fax: +62 21 392 5540

[email protected]

www.sinarmassekuritas.co.id

Equity Research Team

HEAD OF RESEARCH

Evan Lie Hadiwidjaja

Banking, Automotive

Tel: +62 21 3925550 Ext: 615

[email protected]

DEPUTY HEAD OF RESEARCH

Wilbert

Consumer Goods, Plantation, Pulp and Paper

Tel: +62 21 3925550 Ext: 611

[email protected]

EQUITY ANALYST

Richard Suherman

Commodities

Tel: +62 21 3925550 Ext: 610

[email protected]

EQUITY ANALYST

Richardson Raymond

Property, Industrial Estate

Tel: +62 21 3925550 Ext: 159

[email protected]

EQUITY ANALYST

Paulina

Retail, Cement, Digital

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