tuesday, september 29, 2020 2020/s… · 2 daily corporate and industry news bank indonesia (bi)...
TRANSCRIPT
1
Today’s Market:
IHSG diperkirakan bergerak mixed dengan kecenderungan
menguat. Bursa AS ditutup menguat pada perdagangan
Selasa (09/28). Harga batubara naik di level USD 59.0 per
Mt. Crude oil naik ke level USD 40.7 per barrel. Rupiah
sedikit melemah terhadap Dollar AS di level Rp 14,900.
10Yr Government Bonds Yield turun ke level 6.91%.
Dari dalam negeri, Bank Indonesia (BI) memperkirakan
defisit sebesar Rp 21.8 tn pada tahun 2021 sehubungan
dengan kebutuhan terhadap Pemulihan Ekonomi Nasional.
Secara YTD, BI telah melakukan quantitative easing senilai
Rp 662.1 tn.
Sehubungan dengan emiten, Himbara telah menerima
penempatan dana tahap kedua dari pemerintah dengan
nilai total Rp 17.5 tn. Bank Mandiri (BMRI) mendapatkan
Rp 5 tn.
Sehubungan dengan emiten, Waskita Beton Precast
(WSBP), mendapatkan peringkat BBB- terhadap obligasi
berkelanjutan tahap I dan II tahun 2019 dengan nilai Rp 2
triliun dari Pemeringkat Efek Indonesia (Pefindo).
Sehubungan dengan emiten, Tower Bersama Infrastruc-
ture (TBIG), selama semester I-2020 perusahaan telah
mendapatkan tambahan tenant sebanyak 2,517 (+103.6%
YoY) dan menargetkan tambahan 3,000 penyewa pada
tahun 2021.
Secara teknikal indeks hari Selasa (09/29), IHSG dipred-
iksi bergerak di kisaran 4873-4987.
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
IHSG turun sebanyak 39.2 poin (0.79%) ke level 4906.55.
Sementara LQ45 turun sebanyak 10.3 poin (1.36%) ke level
750. Foreign net sell sebesar Rp 593.1 miliar.
ID X Stat ist ics C lo sing
JCI 4,906.55
Transaction Value Regular M arket (IDR tn) 5.593
Transaction Volume Regular M arket (mn shares) 8,351
Foreign Net Buy (Sell) (IDR bn) (593)
Foreign Net Buy (Sell) (2.88)
Total M arket Capitalization (IDR tn) 5,722.84
LQ45 750.00 (1.36) (30.52)
EIDO 17.37 (0.29) (38.90)
IDX 16.02 0.31 (35.51)
DOW JONES 27,584.06 1.51 11.59
S&P 500 3,351.60 1.61 25.36
NASDAQ 11,117.53 1.87 61.04
FTSE 5,927.93 1.46 (22.89)
NIKKEI 23,511.62 1.32 3.28
HANG SENG 23,476.05 1.04 (21.54)
STRAITS TIM ES 2,483.01 0.43 (27.03)
KLSE 1,511.66 0.17 (15.87)
USD/IDR 14,900.00 0.00 6.94
EUR/IDR 17,276.10 0.00 10.33
JPY/IDR 141.21 0.00 9.85
SGD/IDR 10,808.50 0.00 4.96
AUD/IDR 10,461.09 0.00 7.39
GBP/IDR 18,968.25 0.00 4.64
Crude Oil (USD/barrel) 40.64 7:40:50 AM (33.44)
Coal (USD/mn tons) 59.00 9/28/2020 (12.85)
Natural Gas (USD/mmBtu) 2.78 7:40:26 AM 26.95
Gold (USD/ounce) 1,884.61 7:51:00 AM 24.21
Nickel (USD/mn tons) 14,504.00 9/28/2020 3.42
Tins (USD/mn tons) 17,344.00 9/28/2020 0.98
CPO (M YR/mn tons) 2,950.00 9/28/2020 (2.99)
Rubber (JPY/kg) 224.70 7:06:33 AM #N/A N/A
Wheat (USD/bushel) 549.75 7:38:43 AM (1.61)
Corn (USD/bushel) 367.75 7:40:31 AM (5.16)
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 (%)
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,500
7,000
Millio
ns
Volume JCI Index
Tuesday, September 29, 2020
2
Daily Corporate and Industry News
Bank Indonesia (BI) memperkirakan akan mengalami defisit hingga Rp 21.8 triliun pada tahun 2021 akibat me-nanggung sebagian beban untuk pemulihan ekonomi nasional, kemudian BI telah mencairkan Quantitative Easing (QE) senilai Rp 662.1 triliun secara year to date dan kemungkinan akan dilanjutkan ke tahun 2021. Source: Kontan Pemerintah menyiapkan anggaran senilai Rp 37 triliun untuk pengadaan vaksin selama periode 2020—2022. Dari jumlah tersebut, dana yang telah dialokasikan pada tahun ini senilai Rp2,8 triliun. Source: Bisnis Indonesia Himbara telah menerima penempatan dana tahap kedua dengan nilai total Rp 17.5 trilliun dan Bank Mandiri (BMRI) mendapatkan Rp 5 triliun, sehingga total dana PEN yang diterima perusahaan adalah Rp 15 triliun. Source: Investor Daily Pemerintah telah mengantongi penerimaan cukai Hasil Pengolahan Tembakau Lainnya (HPTL) pada Agustus 2020 mencapai Rp 515,9 miliar. Source: Kontan Surya Semesta Internusa (SSIA) memundurkan jadwal groundbreaking proyek Subang City of Industry fase pertama dikarenakan PSBB. Sebagai informasi, SSIA membutuhkan dana dengan nilai sekitar Rp 1,7 triliun untuk me-nyelesaikan fase pertama proyek dan Sekitar Rp 200 miliar merupakan alokasi untuk biaya akuisisi lahan. Source: Kontan Waskita Beton Precast (WSBP), mendapatkan peringkat BBB- terhadap obligasi berkelanjutan tahap I dan II tahun 2019 dengan nilai Rp 2 triliun dari Pemeringkat Efek Indonesia (Pefindo). Source: Kontan Bank Mandiri (BMRI) menargetkan jatah penyaluran Kredit Usaha Rakyat (KUR) tahun ini dengan kuota sebesar Rp 30 triliun bisa tersalurkan seluruhnya. Sepanjang Januari-Agustus 2020, perusahaan telah menyalurkan KUR sebesar Rp 11,58 triliun (-24,31% YoY). Source: Kontan Tower Bersama Infrastructure (TBIG), selama semester I-2020 perusahaan telah mendapatkan tambahan tenant sebanyak 2,517 (+103.6% YoY) dan menargetkan tambahan 3,000 penyewa pada tahun 2021. Source: Investor Daily Tiga Pilar Sejahtera Food (AISA) berencana menggelar private placement dan right issue, aksi tersebut berpotensi menjadikan PT FKS Food and ingredients mengendalikan 56.58% saham AISA. 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
WOR LD EQUIT Y IN D IC ES
N O T IC KER
1 INDU Index 29,568.57 18,213.65 (954.38) (3.34) 23.69 24.00 4.43 4.17 8,720.75 8,720.75
2 SPX Index 3,588.11 2,191.86 120.82 3.74 26.06 25.48 3.75 3.57 28,992.32 28,992.32
3 CCM P Index 12,074.06 6,631.42 2,144.93 23.91 63.78 37.38 5.92 5.49 17,738.35 17,738.35
4 SPTSX Index 17,970.51 11,172.73 (820.62) (4.81) 24.91 23.31 1.70 1.51 2,482.73 1,855.14
5 M EXBOL Index 45,955.41 32,503.25 (6,309.52) (14.49) 22.42 21.01 1.75 1.66 4,834.52 214.16
6 SX5E Index 3,867.28 2,302.84 (521.96) (13.94) 37.13 21.46 1.78 1.69 3,032.86 3,535.10
7 UKX Index 7,689.67 4,898.79 (1,614.51) (21.41) 106.93 19.58 1.48 1.45 1,628.34 2,092.75
8 CAC Index 6,111.41 3,632.06 (1,134.79) (18.98) 43.04 24.57 1.49 1.45 1,541.10 1,796.30
9 DAX Index 13,795.24 8,255.65 (378.14) (2.85) 40.29 20.63 1.63 1.52 1,204.52 1,403.99
10 IBEX Index 10,100.20 5,814.50 (2,757.70) (28.88) #N/A N/A 29.25 1.09 1.03 442.01 515.21
11 FTSEM IB Index 25,483.05 14,153.09 (4,346.27) (18.49) 82.27 22.22 1.03 0.96 445.24 518.97
12 AEX Index 632.12 389.60 (52.91) (8.75) 71.85 23.25 s 1.69 756.46 881.73
13 SM I Index 11,270.00 7,650.23 (308.27) (2.90) 23.72 19.79 2.77 2.61 1,230.50 1,330.85
14 AS51 Index 7,197.20 4,402.50 (692.78) (10.36) 35.71 21.66 1.96 1.91 1,863.52 1,316.39
15 AS30 Index 7,289.70 4,429.10 (624.40) (9.18) 38.30 22.72 1.28 1.91 2,063.25 1,457.48
16 SHSZ300 Index 4,901.21 3,503.19 485.33 11.85 17.94 15.67 2.07 1.90 37,780.14 5,546.69
17 SHASHR Index 3,625.48 2,773.54 176.16 5.51 17.40 14.42 1.57 1.43 38,482.83 5,649.85
18 SZASHR Index 2,442.26 1,624.49 423.60 23.50 47.57 23.94 3.11 3.23 30,342.57 4,454.74
19 HSI Index 29,174.92 21,139.26 (4,713.70) (16.72) 12.42 12.44 1.01 1.00 22,447.39 2,896.44
20 HSCEI Index 11,502.47 8,290.34 (1,784.66) (15.98) 8.92 9.16 1.03 0.99 20,215.92 2,608.51
21 SENSEX Index 42,273.87 25,638.90 (3,272.11) (7.93) 28.15 23.84 2.74 2.70 74,841.82 1,014.11
22 NIFTY Index 12,430.50 7,511.10 (940.90) (7.73) 28.91 24.01 2.68 2.62 89,435.65 1,211.86
23 JCI Index 6,348.53 3,911.72 (1,392.99) (22.11) 9.55 17.85 1.65 1.66 5,722,835.97 384.06
24 LQ45 Index 1,036.62 566.05 (264.47) (26.07) 13.91 16.77 1.83 1.76 3,519,032.33 236.16
25 KSE100 Index 43,468.22 27,046.71 5.87 0.01 11.12 7.47 1.18 0.96 6,266.34 37.79
26 NKY Index 24,115.95 16,358.19 (283.46) (1.20) 37.98 23.44 1.80 1.73 358,719.76 3,398.25
27 NEY Index 356.77 249.78 (10.32) (2.95) 33.52 26.25 1.54 1.50 440,858.07 4,176.37
28 TPX Index 1,747.20 1,199.25 (73.57) (4.27) 26.25 21.48 1.20 1.20 632,246.29 5,989.45
29 FBM KLCI Index 1,618.01 1,207.80 (77.10) (4.85) 22.15 17.58 1.55 1.47 977.66 234.14
30 NZSE Index 2,019.39 1,356.73 16.00 0.83 49.76 34.29 2.37 2.39 162.96 106.75
31 PCOM P Index 8,216.92 4,039.15 (1,953.87) (25.00) 19.56 20.48 1.48 1.43 7,494.64 154.56
32 FSSTI Index 3,285.72 2,208.42 (739.82) (22.96) 18.69 16.23 0.86 0.86 434.50 316.46
33 KOSPI Index 2,458.17 1,439.43 139.35 6.34 28.52 16.96 0.91 0.97 1,510,226.50 1,292.63
34 TWSE Index 13,031.70 8,523.63 465.62 3.88 20.53 18.33 1.90 1.98 37,709.73 1,293.60
35 SET Index 1,648.67 969.08 (316.82) (20.05) 21.06 21.81 1.41 1.42 13,642.79 431.16
36 SET50 Index 1,107.13 628.97 (266.47) (24.94) 19.69 21.33 1.52 1.47 8,999.40 284.41
37 VNINDEX Index 1,028.97 649.10 (48.49) (5.05) 15.00 16.39 2.00 2.10 3,300,723.62 142.40
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 F o rward T railing F o rwardD o main
C urrencyUSD
4
LQ45
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
HIGH LOW POINT % 2019 2020E 2019 2020E
1 ACES IJ 1,595 1,890 970 760 91.02 20.04 32.35 4.67 5.16 27,354.25
2 ADRO IJ 1,130 1,715 610 (565) (33.33) 11.96 8.43 1.27 0.68 36,144.14
3 AKRA IJ 2,600 4,350 1,405 (3,400) (56.67) 23.56 12.78 3.51 1.16 10,438.21
4 ANTM IJ 725 1,025 338 (170) (18.99) 331.88 71.58 1.17 0.95 17,422.30
5 ASII IJ 4,740 7,250 3,220 (3,535) (42.72) 22.10 12.33 2.99 1.23 191,892.04
6 BBCA IJ 27,575 35,300 21,625 12,075 77.90 18.55 29.42 3.40 3.76 679,861.90
7 BBNI IJ 4,540 8,075 2,970 (985) (17.83) 9.04 14.90 1.18 0.76 84,664.90
8 BBRI IJ 3,090 4,760 2,160 755 32.33 10.90 18.54 1.95 1.95 381,138.55
9 BBTN IJ 1,200 2,240 720 (540) (31.03) 7.05 11.12 0.96 0.71 12,708.00
10 BMRI IJ 5,150 8,050 3,660 (638) (11.02) 19.56 14.65 1.80 1.27 240,333.33
11 BSDE IJ 760 1,485 585 (995) (56.70) 18.61 13.22 1.64 0.48 16,090.24
12 BTPS IJ 3,100 5,125 1,790 #VALUE! #VALUE! #N/A N/A 25.91 #N/A N/A 3.93 23,881.47
13 CPIN IJ 5,950 7,750 3,800 2,860 92.56 22.55 - - - 97,568.10
14 CTRA IJ 675 1,230 394 (660) (49.44) 24.19 15.21 1.63 0.77 12,528.20
15 ERAA IJ 1,545 1,980 805 945 157.50 6.60 20.44 0.52 0.96 4,928.55
16 EXCL IJ 2,010 3,730 1,315 (300) (12.99) 57.28 14.20 1.16 - 21,519.09
17 GGRM IJ 40,100 59,075 30,625 (23,800) (37.25) 18.41 8.75 3.11 1.42 77,155.93
18 HMSP IJ 1,425 2,360 1,085 (2,405) (62.79) 39.50 15.43 13.04 4.96 165,753.26
19 ICBP IJ 10,075 12,550 7,750 1,500 17.49 31.51 19.76 5.69 4.01 117,493.72
20 INCO IJ 3,620 4,030 1,340 800 28.37 - - 1.13 1.15 35,969.55
21 INDF IJ 7,000 8,300 5,000 (925) (11.67) 18.57 11.04 2.40 1.56 61,462.99
22 INKP IJ 8,900 9,975 3,020 7,945 831.94 1.90 10.30 0.14 0.76 48,691.75
23 INTP IJ 10,525 21,025 8,650 (4,875) (31.66) 14.65 26.57 2.17 1.68 38,744.96
24 ITMG IJ 8,075 13,800 5,650 (8,800) (52.15) 10.56 8.34 1.51 0.70 9,124.14
25 JPFA IJ 1,115 1,860 760 (340) (23.37) 7.71 10.86 1.87 1.11 13,075.13
26 JSMR IJ 3,580 5,825 2,230 (740) (17.13) 15.60 29.03 2.29 1.31 25,983.18
27 KLBF IJ 1,525 1,695 830 10 0.66 30.88 26.62 5.96 4.10 71,484.56
28 MDKA IJ 1,615 2,120 890 1,231 320.57 #N/A N/A 36.13 3.32 4.71 35,364.61
29 MIKA IJ 2,490 3,030 1,570 (80) (3.11) 53.37 55.56 10.60 7.48 35,473.41
30 MNCN IJ 715 1,780 695 (1,040) (59.26) 18.15 4.59 2.68 - 10,636.41
31 PGAS IJ 970 2,460 605 (1,730) (64.07) 15.88 16.27 1.53 0.64 23,514.26
32 PTBA IJ 1,970 2,870 1,385 (530) (21.20) 12.78 7.93 2.53 1.22 22,695.70
33 PTPP IJ 855 1,855 484 (2,955) (77.56) 19.32 16.93 2.45 0.42 5,300.91
34 PWON IJ 356 665 266 (209) (36.99) 16.29 9.99 3.13 1.04 17,144.82
35 SCMA IJ 1,205 1,625 600 (1,595) (56.96) 27.23 16.30 11.95 3.18 17,803.48
36 SMGR IJ 9,125 13,450 5,475 (50) (0.54) 12.04 26.27 1.87 - 54,125.12
37 SMRA IJ 545 1,250 350 (780) (58.87) 61.22 30.95 3.06 1.03 7,862.60
38 SRIL IJ 196 328 113 (34) (14.78) 5.29 3.29 0.95 #N/A N/A 4,008.63
39 TBIG IJ 1,350 1,380 730 354 35.54 25.23 27.20 14.27 5.25 30,586.95
40 TKIM IJ 6,125 12,475 3,750 5,395 739.04 18.94 #N/A N/A 0.15 #N/A N/A 19,068.49
41 TLKM IJ 2,660 4,341 2,417 (1,320) (33.17) 20.28 12.74 4.67 2.39 263,505.50
42 TOWR IJ 1,035 1,180 575 319 44.55 20.71 19.49 6.13 5.14 52,800.14
43 UNTR IJ 22,575 25,175 12,000 1,325 6.24 15.84 11.26 1.94 1.36 84,207.80
44 UNVR IJ 7,900 9,350 5,275 140 1.80 46.31 39.66 62.93 51.84 301,385.00
45 WIKA IJ 1,130 2,200 675 (1,230) (52.12) 15.13 13.67 1.85 0.64 10,136.05
MARKET CAP
(Bn)LQ45 Index
CHANGE YTD PER (x) PBV (x)28-Sep-20
52-WEEK
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 0.27 (0.45) 13.27 (31.87)
Basic Industry (0.21) (0.59) (8.37) (27.94)
Trade (0.11) (1.26) (2.30) (19.10)
Finance (1.58) (2.56) (13.55) (22.10)
M iscellaneous Industry (1.97) 0.24 (9.31) (30.19)
Consumer (0.74) (2.21) (6.51) (10.98)
Infrastructure 0.05 (1.95) (8.19) (29.33)
Agriculture (1.15) (5.23) (4.96) (26.23)
M ining 0.34 (1.62) (5.70) (13.82)
A ug-20 Jul-20
0.93 3.61
1.32 1.54
-0.05 -0.10
137.00 135.08
F OR EX Spo t R ate 1-D ay (%) 1-M o nth (%) YT D (%)
USD/IDR 14,900.00 - (1.80) (6.94)
USD/CNY 6.81 0.18 0.79 2.23
USD/EUR 0.86 (0.11) 2.21 (3.99)
USD/JPY 105.41 0.09 0.47 3.04
USD/SGD 1.37 0.12 (0.81) (1.86)
USD/AUD 1.41 (0.23) 4.07 (1.00)
USD/GBP 0.78 (0.28) 3.89 3.02
( in %)
4.61
0.16
1.46
5.66
6.91
7.44
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
Indonesia 10-Year Government Bonds Yield
Indonesia 15-Year Government Bonds Yield
Lending and D epo sit R ates
JIBOR (in IDR)
LIBOR (in GBP)
SIBOR ( in USD)
Technical Corner
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JCI : MIXED MENGUAT
Last price : 4.906
Support : 4.873, 4.850
Resistance : 4.928, 4.987
JCI pada hari ini kami perkirakan akan bergerak MIXED MENGUAT dengan range 4.873 – 4.987. JCI belum
berhasil bertahan diatas Resistance 4.928, berpeluang menguji Support 4.873 dan 4.850. Namun, bila JCI
breakout Resistance 4.928, akan mencoba Resistance 4.987 dan 5.016. Indikator MACD mengindikasikan pola
Downtrend dan Stoc osc mengindikasikan pola Bullish Reversal.
Jakarta Composite Index (JCI)
Summary of portfolio:
Stock Recommendation Comment
BBCA HOLD Entry point 27.925 (28/9), sudah tercapai. BBCA belum berhasil bertahandiatas 27.925 berpeluang menguji Support 27.400 dan 27.200. Namun, bila
BBCA bertahan diatas 27.925, akan melanjutkan penguatan dengan mencobaResistance 28.600 dab 28.800.
ITMG HOLD ITMG bertahan diatas Support 8.050,berpeluang mencoba resistance 8.150dan 8.225. Namun, bila ITMG breakdown Support 8.050 akan kembali menguji
Support 8.000 dan 7.875.
AALI HOLD AALI breakdown Support 9.875, berpeluang menguji Support 9.750 dan 9.650.Namun, bila AALI bertahan diatas 9.875 akan mencoba Resistance 10.025 dan
10.150.
ADRO HOLD ADRO bertahan diatas Support 1.125, berpeluang mencoba Resistance 1.160dan 1.180. Namun, bila ADRO breakdown Support 1.125, akan melanjutkan
pelemahan dengan menguji Support 1.110 dan 1.090.
BBCA : HOLD
Last price : 27.575Target price : 29.475 (5.6%)Stop loss : 27.000 (-3.3%)
Entry point 27.925 (28/9), sudah tercapai. BBCA belum berhasil bertahan diatas 27.925 berpeluang menguji Support27.400 dan 27.200. Namun, bila BBCA bertahan diatas 27.925, akan melanjutkan penguatan dengan mencobaResistance 28.600 dab 28.800. BBCA dilihat dari Indikator MACD mulai membentuk pola Reversal dan Stoc oscmengindikasikan pola Reversal.
ITMG : HOLD
Last price : 8.075Target price : 8.675 (5.8%)Stop loss : 7.800 (-4.9%)
ITMG bertahan diatas Support 8.050,berpeluang mencoba resistance 8.150 dan 8.225. Namun, bila ITMG breakdownSupport 8.050 akan kembali menguji Support 8.000 dan 7.875. ITMG dllihat dari Indikator MACD dan Stoc oscmengindikasikan pola Downtrend.
Support : 27.925, 27.675Resistance : 28.325, 28.675
Support : 8.000, 7.875Resistance : 8.150, 8.225
Indo Tambangraya Megah Tbk (ITMG)
Bank Central Asia Tbk (BBCA)
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Astra Agro Lestari Tbk (AALI)
Adro Energy Tbk (ADRO)
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AALI : HOLD
Last price : 9.825Target price : 11.350 (13.2%)Stop loss : 9.500 (-5.2%)
AALI breakdown Support 9.875, berpeluang menguji Support 9.750 dan 9.650. Namun, bila AALI bertahan diatas9.875 akan mencoba Resistance 10.025 dan 10.150. AALI dilihat dari Indikator MACD dan Stoc osc mengindikasikanpola Downtrend.
ADRO : HOLD
Last price : 1.130Target price : 1.225 (6.5%)Stop loss : 1.110 (-4.3%)
ADRO bertahan diatas Support 1.125, berpeluang mencoba Resistance 1.160 dan 1.180. Namun, bila ADRObreakdown Support 1.125, akan melanjutkan pelemahan dengan menguji Support 1.110 dan 1.090. ADRO dilihat dariIndikator MACD dan Stoc osc mulai membentuk pola Downrend.
Support : 9.750, 9.650Resistance : 10.025, 10.150
Support : 1.110, 1.090Resistance : 1.160, 1.180
PT Sinarmas Sekuritas
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Jl. M. H. Thamrin no. 51
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Equity Research Team
DEPUTY HEAD OF RESEARCH
Richard Suherman
Commodities
Tel: +62 21 3925550 Ext: 610
DEPUTY HEAD OF RESEARCH
Richardson Raymond
Property, Industrial Estate
Tel: +62 21 3925550 Ext: 159
EQUITY ANALYST
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