1
ID X Statistics C lo sing
JCI 5,885.10
Transaction Value Regular M arket (IDR tn) 5.346
Transaction Volume Regular M arket (mn shares) 5,286
Foreign Net Buy (Sell) (IDR bn) (666)
Foreign Net Buy (Sell) (2.66)
Total M arket Capitalization (IDR tn) 6,573.55
LQ45 941.04 2.27 (12.82)
EIDO 24.42 (0.61) (14.10)
IDX 21.58 (0.83) (13.12)
DOW JONES 24,357.32 0.39 (1.46)
S&P 500 2,672.63 0.35 (0.04)
NASDAQ 7,265.21 0.77 5.24
FTSE 7,567.14 0.86 (1.57)
NIKKEI 22,467.16 (0.03) (1.31)
HANG SENG 29,994.26 0.23 0.25
STRAITS TIM ES 3,532.86 (0.35) 3.82
KLSE 1,828.20 (0.74) 1.75
USD/IDR 13,949.00 0.00 3.14
EUR/IDR 16,713.17 0.13 2.92
JPY/IDR 128.59 0.41 6.39
SGD/IDR 10,491.39 0.24 3.28
AUD/IDR 10,532.60 0.30 (0.50)
GBP/IDR 19,009.55 0.64 3.67
Crude Oil (USD/barrel) 70.10 8:05:50 AM 16.00
Coal (USD/mn tons) 100.55 5/7/2018 (0.25)
Natural Gas (USD/mmBtu) 2.74 8:05:31 AM (7.35)
Gold (USD/ounce) 1,315.54 8:15:55 AM 0.98
Nickel (USD/mn tons) 13,965.00 8:15:42 AM 9.44
Tins (USD/mn tons) 21,065.00 8:15:40 AM 5.19
CPO (M YR/mn tons) 2,365.00 5/7/2018 (3.23)
Rubber (JPY/kg) 179.70 7:33:10 AM (12.51)
Wheat (USD/bushel) 514.00 5/7/2018 20.37
Corn (USD/bushel) 391.75 7:28:12 AM 11.69
P rice LastT ransactio n
YT DC hg (%)C o mmo dities
Other Indices C lo sing 1-D ay C hg (%) YT DC hg (%)
C urrency Spo t R ate R ate ( ID R ) 1-D ay C hg (%) YT DC hg (%)
Today’s Market:
IHSG diperkirakan bergerak mixed dengan kecenderunganmelemah. Bursa AS ditutup menguat pada perdaganganSenin (07/05) didukung oleh penguatan saham-sahamteknologi. Mata uang rupiah bergerak melemah terhadapdollar AS di level Rp 13,949. Harga crude oil naik ke levelUSD 70.1 per barrel, dan harga batubara stabil di level100.55 per juta ton. 10Yr Government Bonds Yield naik kelevel 7.17%.
Dari dalam negeri, Indonesia siap menambah pasokanekspor minyak sawit hingga 500 ribu ton ke Tiongkok. Halitu seiring persetujuan Pemerintah Tiongkok untukmenambah kuota ekspor produk-produk pertanian Indone-sia ke China salah satunya minyak sawit. Pada 2017,ekspor minyak sawit Indonesia ke Tiongkok mencapai 3,73juta ton atau naik 16% dari tahun sebelumnya yang hanya3,23 juta ton. Hal ini dapat menjadi sentimen positif bagisektor plantation. Produk domestik bruto (PDB) Indonesiatriwulan I-2018 tumbuh sebesar 5,06% secara tahunan,meningkat dibanding periode sama tahun 2017 yanghanya 5,01%.
Sehubungan dengan emiten, ISAT mencatatkan penda-patan pada kuartal-I 2018 sebesar Rp 5,69 triliun atauturun 22% yoy. Penurunan terbesar bersumber dari pen-dapatan selular yang turun sebesar 27% yoy menjadi Rp4,42 triliun. Rugi bersih yang diatribusikan kepada perusa-haan induk sebesar Rp 506 miliar atau turun 391% yoy.
Secara teknikal indeks hari Selasa (08/05), IHSGdiprediksi bergerak di kisaran 5782-5910.
Tuesday, May 08, 2018
Source: Bloomberg, Sinarmas Investment ResearchTop Buy: ITMG, UNVR BoW: BEST, KLBF
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
IHSG naik sebanyak 92.7 poin (1.6%) ke level 5885.1.Sementara LQ45 naik sebanyak 20.9 poin (2.27%) ke level941.04. Foreign net sell sebesar Rp 665.81 miliar.
02,0004,0006,0008,00010,00012,00014,000
3,000
4,000
5,000
6,000
7,000
Millions
Volume JCI Index
2
Daily Corporate and Industry News
Membaiknya harga komoditas dan lonjakan harga minyak mentah Indonesia mengatrol penerimaan negara bukanpajak atau PNBP selama 4 bulan terakhir. Berdasarkan catatan Kementerian Keuangan (Kemenkeu), total PNBP yangmasuk ke kas negara pada April 2018 senilai Rp109,8 triliun mencapai 40% dari target APBN 2018 sebanyakRp275,4 triliun, naik Rp39,5 triliun dari posisi Maret 2018. Source: Bisnis Indonesia
Menurut survei yang dirilis Institute for Supply Management (ISM), pada Senin (7/5), terdapat hampir tiga per em-pat dari perusahaan-perusahaan manufaktur dan setengah dari perusahaan jasa di Amerika yang memperkirakankebijakan penerapan tarif oleh Amerika Serikat (AS) dan Tiongkok akan berdampak pada kenaikan harga. Sebagianbesar perusahaan juga memperkirakan adanya gangguan pasokan. Source: Investor Daily
Pemerintah China akan membuka sektor keuangan domestiknya yang bernilai US$ 42 triliun untuk pertama kalinyabagi asing. Mulai 30 Juni 2018, China akan melonggarkan izin kepemilikan perusahaan dan pembatasan bisnis ter-masuk bagi bank, perusahaan sekuritas, manajer aset dan perusahaan asuransi jiwa. Source: Kontan
Indonesia siap menambah pasokan ekspor minyak sawit hingga 500 ribu ton ke Tiongkok. Hal itu seiring persetujuanPemerintah Tiongkok untuk menambah kuota ekspor produk-produk pertanian Indonesia ke Negara Tirai Bambutersebut, salah satunya minyak sawit. Pada 2017, ekspor minyak sawit Indonesia ke Tiongkok mencapai 3,73 jutaton atau naik 16% dari tahun sebelumnya yang hanya 3,23 juta ton. Source: Investor Daily
Produk domestik bruto (PDB) Indonesia triwulan I-2018 tumbuh sebesar 5,06% secara tahunan (year on year/yoy),meningkat dibanding periode sama tahun 2017 yang hanya 5,01%. Source: Investor Daily
Bank Rakyat Indonesia (BBRI), akan merevisi rencana bisnis bank (RBB) semester kedua. Direktur Utama BRI Su-prajarto mengatakan, BRI akan menaikkan target kredit sebesar 7%-14% atau setara 100 basis poin (bps)-200 bpsdari target awal. Source: Kontan
Indosat (ISAT) mencatatkan pendapatan pada kuartal-I 2018 sebesar Rp 5,69 triliun atau turun 22% secara year onyear (yoy) dengan penurunan terbesar bersumber dari penurunan pendapatan selular sebesar 27% yoy menjadi Rp4,42 triliun. ISAT mencatatkan rugi bersih yang diatribusikan kepada perusahaan induk sebesar - Rp 506 miliar atauturun 391% yoy. Source: Company Data
Industri dan Perdagangan Bintraco (CARS) menargetkan laba bersih 2018 tumbuh 30% menjadi Rp 270 miliar den-gan pendapatan tahun ini tumbuh 11%-14% dibanding tahun lalu. Demi mencapai target tersebut, CARS akan men-ingkatkan produktivitas dan efisiensi untuk memperbaiki margin. Source: Kontan
Hanjaya Mandala Sampoerna (HMSP) membukukan kenaikan pendapatan 2,5% menjadi Rp 23,14 triliun denganlaba bersih perusahaan turun 8% menjadi Rp 3,03 triliun dari Rp 3,29 triliun pada periode yang sama tahun lalu.Penurunan laba bersih HMSP seiring dengan kenaikan beban pokok sebesar 5% menjadi Rp 17,14 triliun yang men-capai 76% dari total pendapatan perusahaan di periode tiga bulan pertama ini. Source: Kontan
Mitra Adiperkasa (MAPI) meraih restu dari pemegang saham terkait rencana memecah nilai saham (stock split) den-gan rasio 1:10. Pada perdagangan Senin (7/5), harga saham perseroan mencapai level Rp 8.100. Source: InvestorDaily
Total Bangun Persada (TOTL) tengah menjajaki pendirian dua perusahaan patungan (joint venture/JV) yangdiperkirakan terealisasi menjelang akhir 2018. Nilai investasi pada dua JV tersebut ditaksir mencapai Rp 3 triliun.Source: Investor Daily
ProdiaWidyahusada (PRDA) akan membagikan dividen tunai sebesar Rp 60,32 miliar atau 40% dari laba bersihperseroan tahun lalu Rp 150,80miliar. Jumlah pembagian tersebut setara Rp 64,24 per lembar yang akan dibayarkanpada 7 Juni 2018. Source: Investor Daily
PT Panca Mitra Multiperdana mengincar dana hasil penawaran umum perdana (initial public offering/IPO) sahamberkisar Rp 685,7-Rp 942,9 miliar. Source: Investor Daily
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
3
World Equity Indices
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
W O R L D E Q U IT Y IN D IC E S
N O T IC K E R
1 IN D U Index 26,616.71 20,553.45 (361.90) (1.46) 20.59 16.15 3.88 3.87 6,719.48 6,719.48
2 SP X Index 2,872.87 2,352.72 (0.98) (0.04) 22.41 16.91 3.30 3.35 23,563.92 23,563.92
3 C C M P Index 7,637.27 5,996.82 361.82 5.24 37.57 21.93 3.80 3.92 11,382.99 11,382.99
4 SP T SX Index 16,421.42 14,785.78 (400.50) (2.47) 19.80 15.60 1.91 1.93 2,416.99 1,881.07
5 M EXB OL Index 51,772.37 45,785.41 (2,879.72) (5.83) 19.67 16.25 2.65 2.54 5,687.36 293.00
6 SX5E Index 3,708.82 3,261.86 60.23 1.72 18.31 14.27 1.63 1.68 2,968.69 3,542.54
7 UKX Index 7,792.56 6,866.94 (120.63) (1.57) 23.14 14.02 1.97 2.00 2,102.32 2,851.59
8 C A C Index 5,567.03 4,995.07 218.86 4.12 18.20 15.07 1.61 1.66 1,571.86 1,875.70
9 D A X Index 13,596.89 11,726.62 30.50 0.24 19.08 13.43 1.86 1.90 1,204.89 1,437.80
10 IB EX Index 11,184.40 9,327.60 97.00 0.97 15.08 13.33 1.47 1.52 644.60 769.20
11 F T SEM IB Index 24,544.26 20,537.35 2,690.92 12.31 27.41 13.44 1.18 1.25 564.14 673.19
12 A EX Index 572.81 505.92 13.28 2.44 18.93 15.82 1.90 1.92 672.14 802.07
13 SM I Index 9,616.38 8,501.17 (403.22) (4.30) 24.59 15.62 2.59 2.61 1,092.50 1,090.10
14 A S51 Index 6,150.00 5,629.80 19.34 0.32 17.90 16.25 2.09 2.15 1,788.33 1,345.90
15 A S30 Index 6,256.50 5,670.70 8.35 0.14 18.90 16.73 2.00 2.06 1,946.24 1,464.74
16 SH SZ 300 Index 4,403.34 3,312.89 (196.67) (4.88) 16.57 12.80 2.05 2.01 28,576.99 4,488.44
17 SH A SH R Index 3,757.20 3,158.89 (178.44) (5.15) 16.88 12.35 1.79 1.78 32,256.54 5,066.37
18 SZ A SH R Index 2,140.56 1,734.00 (80.56) (4.06) 29.07 19.90 3.12 3.10 22,904.29 3,597.46
19 H SI Index 33,484.08 24,476.20 75.11 0.25 13.70 11.59 1.39 1.37 19,424.66 2,474.54
20 H SC EI Index 13,962.53 9,918.86 257.11 2.20 9.15 7.89 1.05 1.03 12,476.37 1,589.39
21 SEN SEX Index 36,443.98 29,877.41 1,151.31 3.38 24.53 18.51 3.11 3.24 61,996.66 923.08
22 N IF T Y Index 11,171.55 9,297.95 184.80 1.75 23.76 17.89 3.11 3.19 77,447.34 1,153.13
23 JC I Index 6,693.47 5,577.52 (470.56) (7.40) 24.55 15.03 2.58 2.38 6,573,547.01 469.37
24 LQ45 Index 1,132.92 915.56 (138.35) (12.82) 21.08 15.67 3.39 3.12 4,193,167.10 299.41
25 KSE100 Index 53,127.24 37,736.73 3,907.04 9.65 9.00 9.77 1.47 1.38 7,802.83 67.52
26 N KY Index 24,129.34 19,239.52 (297.78) (1.31) 19.39 16.31 1.89 1.94 391,726.14 3,591.18
27 N EY Index 376.09 308.19 (9.22) (2.58) 16.02 13.77 1.38 1.41 444,230.82 4,072.52
28 T P X Index 1,911.31 1,547.99 (44.38) (2.44) 16.33 14.06 1.41 1.44 668,222.98 6,125.99
29 F B M KLC I Index 1,896.03 1,708.48 31.39 1.75 16.40 16.31 1.67 1.64 1,109.33 280.96
30 N Z SE Index 1,539.52 1,351.24 17.04 1.13 19.27 22.43 2.03 1.96 125.37 88.10
31 P C OM P Index 9,078.37 7,499.26 (1,025.14) (11.98) 22.99 16.84 2.51 2.40 9,311.62 179.25
32 F SST I Index 3,641.65 3,189.70 129.94 3.82 11.12 14.04 1.22 1.23 584.28 437.70
33 KOSP I Index 2,607.10 2,224.91 (6.11) (0.25) 13.42 9.75 1.05 1.07 1,587,638.91 1,470.27
34 T WSE Index 11,270.18 9,895.65 (37.95) (0.36) 15.56 13.69 1.75 1.68 31,569.73 1,059.24
35 SET Index 1,852.51 1,531.68 26.09 1.49 18.91 16.18 2.08 2.12 17,846.66 560.12
36 SET 50 Index 1,223.67 976.94 41.35 3.64 17.53 16.02 2.26 2.29 12,076.63 379.03
37 VN IN D EX Index 1,211.34 716.95 78.02 7.93 18.75 18.07 2.81 2.42 2,908,419.07 127.76
A s ia / P a c if ic
A m e ric a
5 2 - W E E K C H A N G E Y T D P E R ( x) P B V ( x) M A R K E T C A P ( B n )
E u ro p e
H IG H L O W P O IN T % 2 0 17 2 0 18 E 2 0 17 2 0 18 E D o m a inC u rre n c y U S D
4
LQ45
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
L Q 4 5 In d e x
H IG H L O W P O IN T % 2 0 1 7 2 0 1 8 E 2 0 1 7 2 0 1 8 E
1 #N /A R e q u e s t i n g D a t a . . .#N /A In v a l i d S e c u r i t y#N /A In v a l i d S e c u r i t y#N /A In v a l i d S e c u r i t y#V A L U E ! #V A L U E !#N /A In v a l i d S e c u r i t y#N /A In v a l i d S e c u r i t y#N /A In v a l i d S e c u r i t y#N /A In v a l i d S e c u r i t y #V A L U E !
2 A D R O I J 1 , 7 1 0 2 , 6 5 0 1 , 3 9 5 (1 5 0 ) (8 .0 6 ) 9 .0 6 7 .6 3 1 .2 6 1 .0 6 5 4 , 6 9 6 .0 0
3 A K R A I J 4 , 5 7 0 8 , 0 2 5 4 , 5 0 0 (1 , 7 8 0 ) (2 8 .0 3 ) 2 8 .1 1 1 7 .4 9 3 .3 7 2 .1 6 1 8 , 3 4 7 .1 6
4 A N T M I J 8 1 0 9 6 0 5 9 5 1 8 5 2 9 .6 0 - 5 3 .1 8 0 .8 1 1 .0 7 1 9 , 4 6 4 .9 2
5 A S I I I J 7 , 0 7 5 9 , 1 5 0 7 , 0 5 0 (1 , 2 2 5 ) (1 4 .7 6 ) 1 7 .8 2 1 3 .6 7 2 .7 2 2 .0 8 2 8 6 , 4 2 1 .1 4
6 B B C A I J 2 2 , 3 0 0 2 4 , 7 0 0 1 6 , 8 0 0 4 0 0 1 .8 3 2 3 .1 7 2 1 .0 9 4 .1 1 3 .6 7 5 4 9 , 8 0 6 .7 1
7 B B N I I J 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 I J 3 , 0 5 0 3 , 9 2 0 2 , 7 3 5 (5 9 0 ) (1 6 .2 1 ) 1 5 .3 4 1 1 .3 4 2 .6 7 2 .0 0 3 7 6 , 2 0 4 .7 2
9 B B T N I J 2 , 8 9 0 3 , 8 9 0 2 , 3 0 0 (6 8 0 ) (1 9 .0 5 ) 1 2 .4 9 8 .4 9 1 .7 5 1 .2 5 3 0 , 6 0 5 .1 0
1 0 B J B R I J 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
1 1 B M R I I J 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
1 2 B M T R I J 5 5 5 7 5 5 4 7 8 (3 5 ) (5 .9 3 ) - - 0 .8 8 - 7 , 8 8 0 .2 3
1 3 B R P T I J 2 , 3 3 0 2 , 7 2 0 1 , 3 7 5 7 0 3 .1 0 2 2 .3 4 1 8 .4 9 2 .1 6 1 .1 9 3 2 , 5 2 6 .3 0
1 4 B S D E I J 1 , 5 6 5 1 , 9 6 5 1 , 5 5 5 (1 3 5 ) (7 .9 4 ) 6 .6 2 9 .6 5 1 .2 9 1 .1 0 3 0 , 1 2 1 .0 8
1 5 B U M I I J 2 5 6 4 1 2 1 6 6 (1 4 ) (5 .1 9 ) 2 .5 7 3 .0 5 - - 1 6 , 7 3 7 .0 1
1 6 E X C L I J 1 , 9 0 0 4 , 0 6 0 1 , 8 0 5 (1 , 0 6 0 ) (3 5 .8 1 ) 8 5 .1 6 2 3 .1 9 1 .4 6 0 .9 1 2 0 , 3 0 7 .1 2
1 7 G G R M I J 7 0 , 0 0 0 8 6 , 4 0 0 6 1 , 9 2 5 (1 3 , 8 0 0 ) (1 6 .4 7 ) 2 0 .8 0 1 6 .0 3 3 .8 2 2 .9 1 1 3 4 , 6 8 6 .1 6
1 8 H M S P I J 3 , 5 5 0 5 , 5 5 0 3 , 2 3 0 (1 , 1 8 0 ) (2 4 .9 5 ) 4 3 .5 4 3 0 .1 1 1 6 .1 3 1 1 .6 0 4 1 2 , 9 2 9 .1 7
1 9 IC B P I J 8 , 5 7 5 9 , 2 7 5 7 , 9 0 0 (3 2 5 ) (3 .6 5 ) 2 7 .3 1 2 4 .0 9 5 .3 1 4 .6 3 1 0 0 , 0 0 0 .8 6
2 0 IN C O I J 3 , 1 0 0 3 , 8 9 0 1 , 8 3 5 2 1 0 7 .2 7 - 1 4 .7 6 1 .1 6 1 .4 3 3 0 , 8 0 2 .6 5
2 1 IN D F I J 6 , 3 7 5 9 , 0 0 0 6 , 2 5 0 (1 , 2 5 0 ) (1 6 .3 9 ) 1 6 .1 7 1 2 .2 2 2 .1 5 1 .6 3 5 5 , 9 7 5 .2 2
2 2 IN D Y I J 3 , 6 5 0 4 , 6 3 0 7 3 5 5 9 0 1 9 .2 8 3 .5 0 6 .6 8 1 .2 7 1 .3 0 1 9 , 0 1 7 .2 0
2 3 IN T P I J 1 7 , 0 0 0 2 3 , 9 5 0 1 5 , 5 5 0 (4 , 9 5 0 ) (2 2 .5 5 ) 4 3 .4 5 2 8 .4 9 3 .2 9 2 .3 9 6 2 , 5 8 0 .9 4
2 4 J S M R I J 4 , 1 8 0 6 , 7 7 5 4 , 1 1 0 (2 , 2 2 0 ) (3 4 .6 9 ) 2 1 .1 1 1 5 .1 5 3 .0 8 1 .7 6 3 0 , 3 3 7 .9 0
2 5 K L B F I J 1 , 4 8 0 1 , 7 9 5 1 , 3 9 0 (2 1 0 ) (1 2 .4 3 ) 3 2 .9 6 2 6 .8 7 5 .9 6 4 .7 0 6 9 , 3 7 5 .1 8
2 6 L P K R I J 4 1 2 8 5 0 3 9 8 (7 6 ) (1 5 .5 7 ) 1 8 .0 9 9 .6 0 0 .4 9 0 .4 5 9 , 5 1 1 .9 2
2 7 L P P F I J 9 , 4 0 0 1 5 , 9 5 0 8 , 4 7 5 (6 0 0 ) (6 .0 0 ) 1 5 .2 9 1 3 .0 9 1 2 .5 3 7 .2 1 2 7 , 4 2 8 .4 3
2 8 M N C N I J 1 , 4 4 5 2 , 0 5 0 1 , 2 0 0 1 6 0 1 2 .4 5 1 1 .7 8 1 1 .8 6 1 .8 6 1 .9 0 2 0 , 6 2 8 .9 7
2 9 M Y R X I J 1 3 6 1 9 8 1 0 1 2 6 2 3 .6 4 - - - - 1 1 , 7 9 1 .6 4
3 0 P G A S I J 1 , 8 9 0 2 , 8 6 0 1 , 3 6 5 1 4 0 8 .0 0 2 0 .7 7 9 .6 4 0 .9 9 0 .9 6 4 5 , 8 1 6 .4 5
3 1 P T B A I J 3 , 2 7 0 3 , 5 7 0 1 , 8 1 0 8 1 0 3 2 .9 3 5 .7 9 8 .2 2 1 .9 1 2 .2 1 3 7 , 6 7 2 .5 6
3 2 P T P P I J 2 , 1 9 0 3 , 3 7 0 2 , 1 9 0 (4 5 0 ) (1 7 .0 5 ) 1 1 .2 6 7 .6 8 1 .4 3 1 .0 8 1 3 , 5 7 7 .7 8
3 3 P W O N I J 5 7 0 7 2 5 5 5 5 (1 1 5 ) (1 6 .7 9 ) 1 7 .6 2 1 2 .2 0 3 .2 0 2 .1 9 2 7 , 4 5 0 .9 7
3 4 S C M A I J 2 , 4 5 0 3 , 0 1 0 1 , 9 3 5 (3 0 ) (1 .2 1 ) 2 7 .2 4 2 1 .3 4 9 .3 0 7 .4 0 3 5 , 8 2 2 .9 2
3 5 S M G R I J 9 , 1 2 5 1 1 , 7 7 5 8 , 6 0 0 (7 7 5 ) (7 .8 3 ) 2 9 .1 4 2 3 .0 8 2 .0 3 1 .7 8 5 4 , 1 2 5 .1 2
3 6 S R IL I J 3 3 0 4 1 4 2 9 6 (5 0 ) (1 3 .1 6 ) 7 .6 6 #N /A N /A 1 .1 8 #N /A N /A 6 , 7 4 9 .2 2
3 7 S S M S I J 1 , 3 2 5 1 , 7 9 5 1 , 2 8 5 (1 7 5 ) (1 1 .6 7 ) 1 8 .1 5 1 2 .7 4 3 .5 4 2 .7 1 1 2 , 6 2 0 .6 3
3 8 T L K M I J 3 , 7 6 5 4 , 8 4 0 3 , 5 2 0 (6 3 4 ) (1 4 .4 1 ) 1 9 .6 8 1 5 .9 2 4 .7 0 3 .6 5 3 8 3 , 0 3 9 .9 9
3 9 T P IA I J 6 , 4 0 0 6 , 6 7 5 4 , 1 4 0 4 0 0 6 .6 7 2 3 .8 1 2 2 .8 5 4 .7 4 4 .5 6 1 1 4 , 1 3 4 .5 3
4 0 T R A M I J 3 3 8 4 3 2 6 9 1 4 0 7 0 .7 1 - - - - 1 6 , 7 7 5 .4 0
4 1 U N T R I J 3 2 , 8 0 0 4 0 , 5 0 0 2 2 , 8 7 5 (2 , 6 0 0 ) (7 .3 4 ) 1 7 .8 4 1 3 .3 0 2 .9 1 2 .3 9 1 2 2 , 3 4 8 .4 3
4 2 U N V R I J 4 7 , 9 0 0 5 8 , 1 0 0 4 4 , 5 5 0 (8 , 0 0 0 ) (1 4 .3 1 ) 6 0 .8 9 4 7 .7 4 8 2 .4 4 6 3 .8 6 3 6 5 , 4 7 7 .0 0
4 3 W IK A I J 1 , 3 5 5 2 , 4 2 0 1 , 3 3 5 (1 9 5 ) (1 2 .5 8 ) 1 1 .5 5 8 .4 2 1 .1 7 0 .8 7 1 2 , 1 5 4 .2 8
4 4 W S B P I J 3 7 4 5 1 0 3 3 6 (3 4 ) (8 .3 3 ) 1 0 .5 6 7 .6 8 1 .4 7 1 .0 8 9 , 8 5 9 .0 7
4 5 W S K T I J 1 , 9 9 5 3 , 1 5 0 1 , 7 7 5 (2 1 5 ) (9 .7 3 ) 7 .3 8 6 .3 6 2 .1 4 1 .4 8 2 7 , 0 7 9 .9 4
M A R K E T C A P(B n )L Q 4 5 In d e x
C H A N G E Y T D P E R (x ) P B V (x )7 -M a y -1 8
5 2 -W E E K
5
Macro data
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
D escript io n 1-D ay (%) 5-D ays (%) 1-M o nth (%) YT D (%)
Property 0.28 (3.80) (10.84) (8.21)
Basic Industry 0.80 0.69 4.12 12.74
Trade 0.05 (1.81) (2.41) (3.17)
Finance 1.10 (1.05) (6.45) (9.06)
M iscellaneous Industry (1.49) (0.97) (3.06) (10.71)
Consumer 5.09 1.72 (6.08) (14.34)
Infrastructure 1.24 (0.65) (3.25) (12.26)
Agriculture 1.26 (4.34) (7.69) (3.11)
M ining 1.37 (1.04) (4.39) 10.52
A pr-18 M ar-18
1.09 3.61
3.41 3.40
0.10 0.20
126.00 128.06
F OR EX Spo t R ate 1-D ay (%) 1-M o nth (%) YT D (%)
USD/IDR 13,995.00 (0.36) (1.67) (3.14)
USD/CNY 6.37 (0.06) (0.94) 2.20
USD/EUR 0.84 (0.08) 3.25 0.60
USD/JPY 108.87 0.20 (1.93) 3.51
USD/SGD 1.33 0.04 (1.74) 0.08
USD/AUD 1.33 (0.08) 2.34 3.78
USD/GBP 0.74 (0.12) 4.10 (0.47)
( in %)
6.15
0.95
1.46
6.69
7.17
Indonesia 5-Year Government Bonds Yield
Indonesia 10-Year Government Bonds Yield
Lending and D epo sit R ates
JIBOR (in IDR)
LIBOR (in GBP)
SIBOR ( in USD)
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 %)
Upcoming IPO
Dividend
Rights Issue
2016 2017 2018
LKPP APBNP RAPBN
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 Crude 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
INDICATOR
State Budget
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Picks of The Day
ITMG : TRADING BUY
ITMG berhasil break Resistance 22.950 dan berpeluang melanjutkan penguatan dan menguji Resistance 24.025, 24.750 dan25.725 dalam jangka pendek. Namun, jika ITMG gagal break dan bertahan di atas Resistance 24.025 maka ITMG akan mencobaSupport 23.350, 22.950 dan 22.600. ITMG dilihat dari Indikator Stoc osc masih mengindikasikan pola Reversal.
Entry point : 22.950 — 23.350Exit point : 24.025 (4.7%), 24.750 (7.8%)Stop Loss : 22.600 (-1.5%)
BEST : BUY ON WEAKNESS
BEST belum berhasil break Resistance 260 dan berpeluang menguji Support 250, 246 dan 240 dalam jangka pendek. Namun, JikaBEST berhasil break dan bertahan di Resistance 260 maka BEST akan mencoba Resistance 266, 270 dan 276. BEST dilihat dariindikator Stoc osc mengindikasikan pola Uptrend.
Entry point : 250 — 258Exit point : 266 (6.4%), 276 (10.4%)Stop Loss : 240 (-4.0%)
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
Created with AmiBroker - adv anced charting and technical analy sis sof tware. http://www.amibroker.com
Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Feb Mar Apr May
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27225
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21075
2295022600
22154.6
ITMG - Daily 5/7/2018 4:12:00 PM Open 22600, Hi 23375, Lo 22600, Close 23350 (3.9%) MA(Close,50) = 27,298.50
23,350
27,298.5
Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Feb Mar Apr May-1,000
0 1,000
2,000ITMG - MACD(12,26) = -1,269.37, Signal(12,26,9) = -896.04
-1,269.37-896.043
20
80
ITMG - Stoch %K(15,3) = 17.23, Stoch %D(15,3,3) = 12.92
17.2259 12.9187
30
70
ITMG - RSI(15) = 35.72
35.7232
Created with AmiBroker - adv anced charting and technical analy sis sof tware. http://www.amibroker.com
Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Feb Mar Apr May
250
260
270
280
290
300
310
320
330
340
350
290
302298
292294
270
282286
276
266
260.099
BEST - Daily 5/7/2018 4:14:00 PM Open 254, Hi 258, Lo 252, Close 258 (2.4%) MA(Close,50) = 285.64
258
285.64
Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Feb Mar Apr May-10-50
5 10
BEST - MACD(12,26) = -8.62, Signal(12,26,9) = -5.40
-8.62055-5.39568
20
80BEST - Stoch %K(15,3) = 8.12, Stoch %D(15,3,3) = 7.98
8.11594
30
70BEST - RSI(15) = 32.69
32.6906
Picks of The Day
UNVR : TRADING BUY
UNVR telah berhasil break Resistance 47.800 dan berpeluang melanjutkan pengautan dan menguji Resistance 48.550, 49.050 dan49.575 dalam jangka pendek. Namun, Jika UNVR gagal break dan bertahan diatas Resistance 48.550 maka UNVR akan mencobaSupport di 47.975, 47.200 dan 46.525. UNVR dilihat dari indikator Stoc osc mengindikasikan pola Reversal.
Entry point : 47.800 — 47.900Exit point : 48.550 (1.6%), 49.050 (2.6%)Stop Loss : 47.200 (-1.3%)
KLBF : BUY ON WEAKNESS
KLBF belum berhasil break Resistance 1.490 dan berpeluang menguji Support 1.465, 1.455 dan 1.435 dalam jangka pendek.Namun, jika KLBF berhasil break dan bertahan diatas Resistance 1.490 maka KLBF akan mencoba Resistance 1.510, 1.530 dan1.555. Indikator MACD mengindikasikan pola Reversal.
Entry point : 1.465 — 1.480Exit point : 1.510 (3.1%), 1.530 (4.4%)Stop Loss : 1.435 (-2.0%)
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
Created with AmiBroker - adv anced charting and technical analy sis sof tware. http://www.amibroker.com
Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Feb Mar Apr May42,000
43,000
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51800
51100
4905049575
50350
48550
472004652546075
47975
45800
45000
UNVR - Daily 5/7/2018 4:13:00 PM Open 45800, Hi 47975, Lo 45800, Close 47900 (5.6%) MA(Close,50) = 50,388.50
47,900
50,388.5
Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Feb Mar Apr May
-1,000
0
1,000UNVR - MACD(12,26) = -1,378.99, Signal(12,26,9) = -1,134.39
-1,378.99-1,134.39
20
80
UNVR - Stoch %K(15,3) = 21.19, Stoch %D(15,3,3) = 16.58
21.1921 16.5836
30
70UNVR - RSI(15) = 45.52
45.5196
Created with AmiBroker - adv anced charting and technical analy sis sof tware. http://www.amibroker.com
Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Feb Mar Apr May
1,400
1,450
1,500
1,550
1,600
1,650
1,700
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1,800
1585
15551570
15101500
1530
1455
1390
1410
1435.5
1465
1490
KLBF - Daily 5/7/2018 4:14:00 PM Open 1390, Hi 1480, Lo 1390, Close 1480 (6.5%) MA(Close,50) = 1,520.00
1,480
1,520
Apr May Jun Jul Aug Sep Oct Nov Dec 2018 Feb Mar Apr May
-40-20
0 20 40KLBF - MACD(12,26) = -20.45, Signal(12,26,9) = -11.27
-20.451-11.2737
20
80
KLBF - Stoch %K(15,3) = 17.79, Stoch %D(15,3,3) = 23.48
17.7945 23.4754
30
70KLBF - RSI(15) = 46.89
46.8865
PT Sinarmas SekuritasSinarmas Land Plaza Tower 3, 6th Fl.Jl. M. H. Thamrin no. 51Tel: +62 21 392 5550Fax: +62 21 392 5540research@sinarmassekuritas.co.idwww.sinarmassekuritas.co.idEquity Research TeamHEAD OF RESEARCHEvan Lie HadiwidjajaBanking, AutomotiveTel: +62 21 3925550 Ext: [email protected] EQUITY ANALYSTWilbertConsumer Goods, Plantation, Pulp and PaperTel: +62 21 3925550 Ext: [email protected] ANALYSTRichard SuhermanCommoditiesTel: +62 21 3925550 Ext: [email protected] ANALYSTRichardson RaymondProperty, Industrial EstateTel: +62 21 3925550 Ext: [email protected]
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