Riset | Sinarmas Sekuritas

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ID X Statistics C lo sing

JCI 5,907.87

Transaction Value Regular M arket (IDR tn) 5.421 Transaction Volume Regular M arket (mn shares) 5,694

Foreign Net Buy (Sell) (IDR bn) 137

Foreign Net Buy (Sell) (3.65)

Total M arket Capitalization (IDR tn) 6,672.65

LQ45 930.34 0.04 (13.81)

EIDO 23.57 0.86 (17.09)

IDX 21.23 0.76 (14.53)

DOW JONES 24,924.89 0.91 0.83

S&P 500 2,798.29 0.87 4.66

NASDAQ 7,823.92 1.39 13.33

FTSE 7,651.33 0.78 (0.47)

NIKKEI 22,187.96 1.17 (2.53)

HANG SENG 28,480.83 0.60 (4.81)

STRAITS TIM ES 3,253.01 0.12 (4.41)

KLSE 1,703.57 0.88 (5.19)

USD/IDR 14,415.00 0.00 5.80

EUR/IDR 16,789.25 (0.01) 3.24

JPY/IDR 127.55 (0.67) 5.47

SGD/IDR 10,548.00 (0.02) 3.68

AUD/IDR 10,655.86 0.58 0.66

GBP/IDR 18,947.18 (0.24) 3.36

Crude Oil (USD/barrel) 70.28 8:00:23 AM 16.32

Coal (USD/mn tons) 118.05 7/12/2018 17.11

Natural Gas (USD/mmBtu) 2.80 7:55:49 AM (5.18)

Gold (USD/ounce) 1,246.88 8:10:28 AM (4.29)

Nickel (USD/mn tons) 14,235.00 8:10:16 AM 11.56 Tins (USD/mn tons) 19,650.00 7/12/2018 (1.87) CPO (M YR/mn tons) 2,138.00 7/12/2018 (12.52)

Rubber (JPY/kg) 162.90 8:05:13 AM (20.69)

Wheat (USD/bushel) 482.50 7/12/2018 13.00

Corn (USD/bushel) 336.50 7/12/2018 (4.06)

C o mmo dities

Other Indices C lo sing 1-D ay C hg (%) _{C hg (%)}YT D

C urrency Spo t R ate R ate (ID R ) 1-D ay C hg (%) _{C hg (%)}YT D

P rice _{T ransactio n}Last _{C hg (%)}YT D Toda y ’ s M a r k e t :

• I HSG diper kir akan ber ger ak m ixed dengan kecender ungan m enguat . Bur sa AS dit ut up m enguat pada per dagangan Kam is ( 13/ 07) m engant isipasi lapor an ker j a em it en. Har ga cr ude oil t ur un ke level USD 70.28 per bar r el. Harga ba-t ubar a naik ke level USD 118.05 per Mba-t . Rupiah ber ger ak st abil t er hadap Dollar AS ke level I DR 14.415. 10Yr Gov-er nm ent Bonds Yield st abil di level 7.52% .

• Dar i dalam neger i, indust ri pet rokim ia t um buh 5,4% pada sem est er I 2018 dibanding per iode sam a t ahun lalu, seir -ing adanya kenaikan per m int aan, t er ut am a di sekt or m akanan dan m inum an ( m am in) olahan ser t a inovasi in-dust r i kem asan. Ter cat at , per m int aan plast ik sepanj ang Januar i- Juni 2018 m eningkat m enj adi 2,4 - 2,5 j ut a t on di-banding per iode sam a t ahun lalu 2,2 - 2,3 j ut a t on.

• Selanj ut nya, Bank I ndonesia ( BI ) m encat at , j um lah kar t u debit ber logo Ger bang Pem bayar an Nasional ( GPN) yang t elah diedar kan sam pai dengan akhir Mei 2018 sebanyak 497 r ibu kar t u, dar i t ot al 937 r ibu kar t u debit GPN yang sudah dicet ak per bankan.

• Secar a t eknikal indeks har i Jum at ( 13/ 07) , I HSG dipr ediksi ber ger ak di kisar an 5832 - 5973.

Friday, July 13, 2018

Source: Bloomberg, Sinarmas Investment Research

Top BUY: PGAS, PTBA, BRPT BoW : CPI N

I HSG n a ik se b a n ya k 1 4 .5 p o in (0 .2 5 % ) ke le ve l 5 9 0 7 .8 7 . Se me n t a ra LQ4 5 n a ik se b a n ya k 0 .4 p o in (0 .0 4 % ) ke le ve l 9 3 0 .3 4 . Fo re ig n n e t b u y se b e sa r Rp 1 3 6 .8 7 milia r.

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000

3,000 4,000 5,000 6,000

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D a ily Cor por a t e a n d I n du st r y N e w s

Per usahaan Am er ika Ser ikat Fr eepor t McMoRan I nc ( FCX) r esm i m enyepakat i divest asi saham PT Fr eeport I ndonesia ( FI ) , agar PT I ndonesia Asahan Alum inium ( I nalum ) nant inya m endapat kan t ot al kepem ilikan 51,38% . Saham 9,36% yang sebelum nya t elah dim iliki I nalum akan t er dilusi m enj adi 5,6% dan unt uk m em beli sisanya 45,78% , BUMN t er sebut har us m em bayar US$ 3,85 m iliar at au sekit ar Rp 54 t r iliun. Sour ce: I nvest or Daily

Dew an Per w akilan Rakyat ( DPR) m enur unkan t ar get per t um buhan ekonom i dar i usulan pem er int ah 5,4% - 5,8% m enj adi 5,2% - 5,6% kar ena m elihat t ekanan per ekonom ian t ahun ini m asih ber pot ensi t erj adi pada t ahun depan. Cont ohnya adalah pelem ahan kur s r upiah, hingga daya beli yang m asih lem ah akan m engham bat laj u ekonom i. Sour ce: Kont an

Lem baga Pem biayaan Pem bangunan Pem er int ah Am er ika Ser ikat at au Over seas Pr ivat e I nvest m ent Cor por at ion ( OPI C) adalah salah sat u inst it usi yang t elah m enunj uk kan ket er t ar ikannya dalam m em biayai pr oyek infr ast r ukt ur I ndonesia. Sour ce: Bisnis I ndonesia

Kem ent er ian Per hubungan ( Kem enhub) dan PT Pelabuhan I ndonesia ( Pelindo) I I m enandat angani per j anj ian konsesi pem bangunan dan pengusahaan j asa kepelabuhanan Ter m inal Kij ing, Pelabuhan Pont ianak, Kalim ant an Bar at pada Kam is ( 12/ 7) . Jangka w ak t u per j anj ian konsesi ini ak an ber langsung selam a 69 t ahun. Sour ce: I nvest or Daily

I ndust r i pet r okim ia t um buh 5,4% pada sem est er I - 2018 dibanding per iode sam a t ahun lalu, seir ing adanya kenaikan per m int aan, t er ut am a di sekt or m akanan dan m inum an ( m am in) olahan ser t a inovasi indust r i kem asan. Ter cat at , per m int aan plast ik sepanj ang Januar i- Juni 2018 m eningkat m enj adi 2,42,5 j ut a t on dibanding periode sam a t ahun lalu 2,22,3 j ut a t on. Sour ce: I nvest or Daily

Sur vei Kegiat an Dunia Usaha ( SKDU) yang dilakukan Bank I ndonesia ( BI ) m enunj ukkan, kegiat an dunia usaha pada t r iw ulan I I - 2018 t um buh 20,23% QoQ. BI m encat at t er j adi pert um buhan di sem ua sekt or , t er ut am a indust r i pengo-lahan, per dagangan, hot el, dan r est or an, j asa keuangan, r eal est at e, dan j asa per usahaan. Sour ce: Kont an

Sam sung Elect r onics I ndonesia m engklaim m am pu m em pr oduksi ponsel pint ar dengan kandungan lokal hingga 40% di I ndonesia. Pabr ik lokal di Cikar ang kini m em iliki kapasit as produksi ponsel sekit ar 1,5 j ut a unit per bulan at au se-t ar a 33 j use-t a per se-t ahun. Sour ce: Bisnis I ndonesia

Bank I ndonesia ( BI ) m encat at , j um lah kar t u debit ber logo Gerbang Pem bayar an Nasional ( GPN) yang t elah diedar -kan sam pai dengan akhir Mei 2018 sebanyak 497 r ibu kar t u, dar i t ot al 937 r ibu kar t u debit GPN yang sudah dicet ak per bankan. Sour ce: I nvest or Daily

Mahkot a Gr oup ( MGRO) m elalui I PO ber hasil m er aup dana segar Rp 158,32 m iliar , 60% dari dana t er sebut akan digunakan unt uk pem bangunan pabr ik r efiner y dan ker nel cr ushing plant , ser t a 40% unt uk m odal k er j a seper t i pem belian bahan bak u dan m em enuhi st ok CPO. Sour ce: Kont an

Holcim I ndonesia ( SMCB) m eluncur kan pr oduk bar u, yait u Holcim Mor t ar sebagai langkah unt uk m em per luas penet r asi pasar . Sour ce: I qplus

NFC I ndonesia ( NCCX) m em buka peluang unt uk m elakukan ekspansi anor ganik dengan m engak usisi per usahaan pada t ahun ini. Sour ce: Bisnis I ndonesia

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W or ld Equ it y I n dice s

W O R LD 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 21,471.14 205.67 0.83 20.64 16.13 3.88 3.79 7,020.50 7,020.50

2 SP X Index 2,872.87 2,417.35 124.68 4.66 22.44 17.51 3.30 3.29 24,641.41 24,641.41

3 C C M P Index 7,825.67 6,177.19 920.53 13.33 38.89 23.55 3.80 3.77 12,240.79 12,240.79

4 SP TSX Index 16,577.06 14,785.78 358.29 2.21 19.79 15.94 1.91 1.93 2,538.23 1,928.16

5 M EXB OL Index 51,772.37 44,429.36 (658.12) (1.33) 19.67 17.37 2.65 2.76 5,903.58 313.04

6 SX5E Index 3,708.82 3,261.86 (58.47) (1.67) 18.32 13.92 1.67 1.65 2,906.75 3,395.67

7 UKX Index 7,903.50 6,866.94 (36.44) (0.47) 23.11 13.75 1.97 1.97 2,119.40 2,801.84

8 C A C Index 5,657.44 4,995.07 93.34 1.76 18.26 14.63 1.67 1.68 1,574.40 1,839.22

9 D A X Index 13,596.89 11,726.62 (424.67) (3.29) 19.09 13.04 1.86 1.79 1,148.67 1,341.88

10 IB EX Index 10,758.20 9,327.60 (276.50) (2.75) 15.08 12.73 1.47 1.49 609.00 711.44

11 FTSEM IB Index 24,544.26 21,122.51 (63.22) (0.29) 28.75 11.70 1.18 1.16 511.67 597.73

12 A EX Index 572.90 505.92 12.44 2.28 18.89 15.11 1.91 1.89 667.99 780.35

13 SM I Index 9,616.38 8,372.90 (563.68) (6.01) 24.59 15.51 2.59 2.62 1,070.15 1,068.65

14 A S51 Index 6,306.10 5,639.40 203.18 3.35 17.90 15.98 2.09 2.09 1,858.41 1,377.45

15 A S30 Index 6,386.70 5,702.20 182.48 2.96 18.90 15.94 2.00 2.00 2,010.69 1,485.90

16 SH SZ300 Index 4,403.34 3,295.73 (549.80) (13.64) 16.59 11.73 2.05 1.93 26,636.31 3,992.73

17 SH A SH R Index 3,757.20 2,818.06 (491.66) (14.20) 16.87 11.32 1.80 1.73 29,969.90 4,505.87

18 SZA SH R Index 2,140.56 1,573.34 (316.49) (15.93) 29.07 17.78 3.12 2.99 20,218.93 3,039.85

19 H SI Index 33,484.08 26,255.31 (1,438.32) (4.81) 13.70 11.37 1.39 1.34 18,445.09 2,349.90

20 H SC EI Index 13,962.53 10,450.39 (956.44) (8.17) 9.14 7.53 1.05 1.00 11,700.18 1,490.60

21 SEN SEX Index 36,699.53 31,081.83 2,491.58 7.32 24.53 19.08 3.12 3.17 65,160.78 954.04

22 N IFTY Index 11,171.55 9,685.55 492.50 4.68 23.76 18.68 3.12 3.16 79,948.59 1,170.55

23 JC I Index 6,693.47 5,557.56 (447.78) (7.05) 24.22 15.07 2.52 2.46 6,672,646.14 465.51

24 LQ45 Index 1,132.92 871.91 (149.04) (13.81) 21.16 15.75 3.39 3.34 4,153,786.37 289.79

25 KSE100 Index 47,241.17 37,736.73 (596.36) (1.47) 8.99 8.31 1.46 1.25 7,015.64 57.72

26 N KY Index 24,129.34 19,239.52 (576.98) (2.53) 19.45 16.07 1.89 1.87 379,716.32 3,377.06

27 N EY Index 376.09 311.55 (19.20) (5.37) 16.02 13.25 1.38 1.34 430,830.69 3,831.65

28 TP X Index 1,911.31 1,578.66 (107.88) (5.94) 16.36 13.37 1.41 1.36 643,137.28 5,719.83

29 FB M KLC I Index 1,896.03 1,657.78 (93.24) (5.19) 16.68 16.21 1.67 1.71 1,066.90 264.48

30 N ZSE Index 1,606.69 1,387.42 78.52 5.20 19.27 20.54 2.03 3.49 130.30 88.37

31 P C OM P Index 9,078.37 6,923.67 (1,207.84) (14.11) 22.98 16.85 2.51 2.46 9,146.52 170.62

32 FSSTI Index 3,641.65 3,176.26 (149.91) (4.41) 11.12 12.94 1.22 1.18 550.72 404.35

33 KOSP I Index 2,607.10 2,243.90 (182.43) (7.39) 12.75 8.99 1.05 1.02 1,476,369.02 1,312.91

34 TWSE Index 11,270.18 10,189.04 95.52 0.90 15.56 13.74 1.75 1.70 31,992.23 1,048.99

35 SET Index 1,852.51 1,556.22 (112.78) (6.43) 18.92 15.08 2.08 2.01 16,525.53 497.94

36 SET50 Index 1,223.67 991.42 (55.27) (4.87) 17.52 15.01 2.26 2.23 11,344.01 341.81

37 VN IN D EX Index 1,211.34 753.82 (85.73) (8.71) 18.77 15.87 2.81 2.68 2,853,467.14 123.88

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 uro pe

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LQ4 5

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 A D H I IJ 1 ,5 8 0 2 ,5 1 0 1 ,5 3 5 (3 0 5 ) (1 6 .1 8 ) 1 3 .0 2 6 .6 4 1 .1 5 0 .8 6 5 ,6 2 6 .1 4 2 A D R O IJ 1 ,8 7 0 2 ,6 5 0 1 ,5 7 5 1 0 0 .5 4 9 .0 6 8 .1 5 1 .2 6 1 .1 3 5 9 ,8 1 3 .7 5 3 A K R A IJ 4 ,5 5 0 8 ,0 2 5 3 ,9 6 0 (1 ,8 0 0 ) (2 8 .3 5 ) 2 8 .1 1 1 7 .4 2 3 .3 7 2 .1 4 1 8 ,2 6 6 .8 6 4 A N TM IJ 8 6 0 1 ,0 1 5 6 0 0 2 3 5 3 7 .6 0 - 4 6 .8 5 0 .8 1 1 .1 3 2 0 ,6 6 6 .4 6 5 A S II IJ 6 ,6 7 5 8 ,8 0 0 6 ,1 0 0 (1 ,6 2 5 ) (1 9 .5 8 ) 1 7 .8 2 1 2 .9 5 2 .7 2 1 .9 6 2 7 0 ,2 2 7 .7 2 6 B B C A IJ 2 2 ,8 2 5 2 4 ,7 0 0 1 8 ,1 7 5 9 2 5 4 .2 2 2 3 .1 7 2 1 .7 6 4 .1 1 3 .7 3 5 6 2 ,7 5 0 .5 9 7 B B N I IJ 7 ,0 2 5 1 0 ,1 7 5 6 ,7 5 0 (2 ,8 7 5 ) (2 9 .0 4 ) 1 3 .5 6 8 .4 5 1 .8 7 1 .2 1 1 3 1 ,0 0 6 .8 1 8 B B R I IJ 2 ,9 7 0 3 ,9 2 0 2 ,7 2 0 (6 7 0 ) (1 8 .4 1 ) 1 5 .3 4 1 1 .2 6 2 .6 7 1 .9 6 3 6 6 ,3 3 7 .0 6 9 B B TN IJ 2 ,2 0 0 3 ,8 9 0 2 ,1 1 0 (1 ,3 7 0 ) (3 8 .3 8 ) 1 2 .4 9 6 .6 2 1 .7 5 0 .9 3 2 3 ,2 9 8 .0 0 1 0 B J B R IJ 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 .5 2 2 .3 1 1 .9 2 1 9 ,9 7 4 .3 6 1 1 B M R I IJ 6 ,4 5 0 9 ,0 5 0 6 ,2 5 0 (1 ,5 5 0 ) (1 9 .3 8 ) 1 8 .0 9 1 2 .2 5 2 .2 4 1 .6 6 3 0 1 ,0 0 0 .0 0 1 2 B M TR IJ 5 0 5 7 5 5 4 7 4 (8 5 ) (1 4 .4 1 ) - - 0 .8 8 - 7 ,1 7 0 .3 0 1 3 B R P T IJ 1 ,8 6 5 2 ,7 2 0 1 ,4 8 5 (3 9 5 ) (1 7 .4 8 ) 2 8 .8 9 1 6 .2 6 2 .1 6 0 .9 4 3 3 ,1 8 1 .8 8 1 4 B S D E IJ 1 ,4 9 0 1 ,9 6 5 1 ,4 1 5 (2 1 0 ) (1 2 .3 5 ) 6 .6 1 9 .6 9 1 .2 9 1 .0 4 2 8 ,6 7 7 .5 8 1 5 B U M I IJ 2 3 0 3 6 2 1 6 6 (4 0 ) (1 4 .8 1 ) 2 .5 7 2 .6 7 - - 1 5 ,0 3 7 .1 5 1 6 EX C L IJ 2 ,7 9 0 1 ,7 1 0 (1 7 0 ) (5 .7 4 ) 8 5 .1 6 4 7 .0 0 1 .4 6 1 .3 4 2 9 ,8 1 9 .4 1 1 7 G G R M IJ 6 9 ,5 0 0 8 6 ,4 0 0 6 1 ,9 2 5 (1 4 ,3 0 0 ) (1 7 .0 6 ) 2 0 .8 0 1 5 .8 8 3 .8 2 2 .9 3 1 3 3 ,7 2 4 .1 2 1 8 H M S P IJ 3 ,7 2 0 5 ,5 5 0 3 ,2 3 0 (1 ,0 1 0 ) (2 1 .3 5 ) 4 3 .5 4 3 2 .2 6 1 6 .1 3 1 2 .2 3 4 3 2 ,7 0 3 .2 5 1 9 IC B P IJ 8 ,8 2 5 9 ,2 7 5 7 ,9 0 0 (7 5 ) (0 .8 4 ) 2 7 .3 1 2 4 .6 0 5 .3 1 4 .7 4 1 0 2 ,9 1 6 .3 4 2 0 IN C O IJ 4 ,2 0 0 4 ,3 8 0 1 ,9 0 5 1 ,3 1 0 4 5 .3 3 - 2 4 .4 2 1 .1 6 1 .5 3 4 1 ,7 3 2 .6 2 2 1 IN D F IJ 6 ,5 5 0 8 ,8 0 0 6 ,0 7 5 (1 ,0 7 5 ) (1 4 .1 0 ) 1 6 .1 7 1 2 .7 8 2 .1 5 1 .6 8 5 7 ,5 1 1 .7 9 2 2 IN D Y IJ 3 ,3 8 0 4 ,6 3 0 7 8 5 3 2 0 1 0 .4 6 3 .5 0 6 .0 5 1 .2 7 1 .1 8 1 7 ,6 1 0 .4 5 2 3 IN TP IJ 1 3 ,7 7 5 2 3 ,9 5 0 1 2 ,5 0 0 (8 ,1 7 5 ) (3 7 .2 4 ) 4 3 .4 5 2 8 .5 9 3 .2 9 2 .0 2 5 0 ,7 0 8 .9 7 2 4 J S M R IJ 4 ,7 5 0 6 ,7 7 5 3 ,9 2 0 (1 ,6 5 0 ) (2 5 .7 8 ) 2 1 .1 1 1 7 .3 3 3 .0 8 2 .0 2 3 4 ,4 7 4 .8 9 2 5 K L B F IJ 1 ,3 0 5 1 ,7 9 5 1 ,1 5 5 (3 8 5 ) (2 2 .7 8 ) 3 2 .9 6 2 4 .1 0 5 .9 6 4 .1 5 6 1 ,1 7 2 .0 3 2 6 L P K R IJ 3 9 8 8 0 5 3 2 2 (9 0 ) (1 8 .4 4 ) 1 8 .0 9 1 0 .5 5 0 .4 9 0 .4 2 9 ,1 8 8 .7 0 2 7 L P P F IJ 7 ,9 7 5 1 3 ,1 5 0 7 ,9 0 0 (2 ,0 2 5 ) (2 0 .2 5 ) 1 5 .2 9 1 1 .2 8 1 6 .4 9 6 .1 4 2 3 ,2 7 0 .4 0 2 8 M N C N IJ 9 1 0 1 ,8 2 5 8 5 0 (3 7 5 ) (2 9 .1 8 ) 1 1 .7 8 7 .8 5 1 .8 6 1 .2 1 1 2 ,9 9 1 .2 5

2 9 M YR X IJ 1 2 9 1 9 8 1 0 1 1 9 1 7 .2 7 - - - - 1 1 ,1 8 4 .7 2

3 0 P G A S IJ 1 ,6 2 0 2 ,8 6 0 1 ,3 6 5 (1 3 0 ) (7 .4 3 ) 2 0 .7 7 1 2 .5 6 0 .9 9 0 .8 7 3 9 ,2 7 1 .2 4 3 1 P TB A IJ 4 ,2 3 0 4 ,2 8 0 1 ,8 1 0 1 ,7 7 0 7 1 .9 5 5 .7 9 9 .7 7 1 .9 1 2 .8 3 4 8 ,7 3 2 .3 9 3 2 P TP P IJ 2 ,0 6 0 3 ,2 8 0 1 ,8 4 0 (5 8 0 ) (2 1 .9 7 ) 1 1 .2 6 7 .3 0 1 .4 3 1 .0 2 1 2 ,7 7 1 .7 9 3 3 P W O N IJ 5 8 0 7 2 5 4 9 4 (1 0 5 ) (1 5 .3 3 ) 1 7 .6 2 1 2 .5 6 3 .2 0 2 .2 5 2 7 ,9 3 2 .5 7 3 4 S C M A IJ 2 ,1 9 0 2 ,9 8 0 1 ,9 3 5 (2 9 0 ) (1 1 .6 9 ) 2 7 .2 4 1 9 .1 1 9 .3 0 6 .2 4 3 2 ,0 2 1 .3 1 3 5 S M G R IJ 7 ,4 2 5 1 1 ,7 7 5 6 ,5 0 0 (2 ,4 7 5 ) (2 5 .0 0 ) 2 9 .1 4 2 0 .6 2 2 .0 3 1 .4 6 4 4 ,0 4 1 .5 4 3 6 S R IL IJ 3 3 6 4 1 4 3 0 2 (4 4 ) (1 1 .5 8 ) 7 .2 6 - 1 .1 8 - 6 ,8 7 1 .9 3 3 7 S S M S IJ 1 ,2 9 5 1 ,5 8 0 1 ,0 0 5 (2 0 5 ) (1 3 .6 7 ) 1 8 .4 4 1 3 .3 5 3 .5 4 2 .6 7 1 2 ,3 3 4 .8 8 3 8 TL K M IJ 4 ,1 0 0 4 ,7 9 6 3 ,2 5 0 (2 9 9 ) (6 .8 0 ) 1 9 .6 8 1 7 .6 3 4 .7 0 3 .9 8 4 1 3 ,2 7 9 .9 9 3 9 TP IA IJ 5 ,2 0 0 6 ,6 7 5 4 ,1 4 0 (8 0 0 ) (1 3 .3 3 ) 2 3 .8 1 2 1 .3 4 4 .7 4 3 .6 3 9 2 ,7 3 4 .3 1

4 0 TR A M IJ 3 4 2 4 3 2 7 8 1 4 4 7 2 .7 3 - - - - 1 6 ,9 7 3 .9 6

4 1 U N TR IJ 3 2 ,0 0 0 4 0 ,5 0 0 2 7 ,5 2 5 (3 ,4 0 0 ) (9 .6 0 ) 1 7 .8 4 1 2 .2 3 2 .9 1 2 .3 0 1 1 9 ,3 6 4 .3 2 4 2 U N V R IJ 4 6 ,9 0 0 5 8 ,1 0 0 4 3 ,8 7 5 (9 ,0 0 0 ) (1 6 .1 0 ) 6 0 .8 9 4 6 .5 5 8 2 .4 4 5 7 .0 3 3 5 7 ,8 4 7 .0 0 4 3 W IK A IJ 1 ,3 5 5 2 ,2 1 0 1 ,2 1 0 (1 9 5 ) (1 2 .5 8 ) 1 1 .5 5 8 .0 0 1 .1 0 0 .8 6 1 2 ,1 5 4 .2 8 4 4 W S B P IJ 3 7 8 5 1 0 3 3 6 (3 0 ) (7 .3 5 ) 1 0 .5 6 7 .5 0 1 .4 7 1 .1 0 9 ,9 6 4 .5 2 4 5 W SK T IJ 1 ,8 7 5 3 ,1 5 0 1 ,7 7 0 (3 3 5 ) (1 5 .1 6 ) 7 .3 8 5 .7 6 2 .1 4 1 .3 4 2 5 ,4 5 1 .0 7

M A R K ET C A P (B n )

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M a cr o da t a

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

Property 0.96 5.44 (4.86) (9.15)

Basic Industry 0.41 5.51 (3.71) 13.16

Trade (0.26) 0.43 (3.02) (5.01)

Finance 0.60 2.40 (3.42) (10.33)

M iscellaneous Industry 0.78 5.44 (4.54) (14.97)

Consumer (1.06) 0.70 0.67 (14.18)

Infrastructure 1.45 5.98 5.15 (7.57)

Agriculture 0.28 1.70 (5.91) (10.62)

M ining 0.41 4.50 2.98 25.98

Jun-18 M ay-18

1.90 3.61

3.12 3.23

0.59 0.21

119.80 122.91

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

USD/IDR 14,365.00 - (3.01) (5.64)

USD/CNY 6.67 0.22 (3.97) (2.41)

USD/EUR 0.86 0.02 1.06 2.89

USD/JPY 112.69 (0.12) (2.09) 0.00

USD/SGD 1.36 0.02 (2.02) (1.97)

USD/AUD 1.35 (0.08) 2.21 5.29

USD/GBP 0.76 0.17 1.46 2.47

(in %)

7.33 1.00 1.46 7.50 7.52 7.87 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

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Upcom in g I PO

D iv ide n d

Righ t s I ssu e

2 0 1 6 2 0 1 7 2 0 1 8

LKPP A PBN P RA PBN

GD P Gr ow th ( % , YoY) 5,0% 5,2% 5,4%

Ex change r ate ( USD / I D R) 13307 13300 13500

I nflation ( % , YoY) 3% 4,3% 3,5%

3 Months SPN ( % ) 5,7% 5,2% 5,3%

I ndonesian C r ude Oil ( USD / bar r el) 40 45 48

Oil Lifting ( thousands bar r el/ day ) 829 815 800

Gas Lifting ( thousands, BOE/ day ) 1.18 1.15 1.2

Total State Budget ( in I D R tr illion) ₁₅₅₆ ₁₇₁₄ ₁₈₇₈

I N D I CA T OR

St o ck D PS ( Rp ) St a t u s Cu m D a t e Ex D a t e Re co r d in g Pa y m e n t

BMAS 8 _{06/ 07/ 2018} _{09/ 07/ 2018} _{11/ 07/ 2018} _{02/ 08/ 2018}

I NAI 30 _{06/ 07/ 2018} _{09/ 07/ 2018} _{11/ 07/ 2018} _{02/ 08/ 2018}

C SAP 4 _{05/ 07/ 2018} _{06/ 07/ 2018} _{10/ 07/ 2018} _{01/ 08/ 2018}

I MAS 5 _{05/ 07/ 2018} _{06/ 07/ 2018} _{10/ 07/ 2018} _{01/ 08/ 2018}

I MJS 1.2 _{05/ 07/ 2018} _{06/ 07/ 2018} _{10/ 07/ 2018} _{01/ 08/ 2018}

KKGI 2 _{05/ 07/ 2018} _{06/ 07/ 2018} _{10/ 07/ 2018} _{30/ 07/ 2018}

KMTR 17.27 _{05/ 07/ 2018} _{06/ 07/ 2018} _{10/ 07/ 2018} _{18/ 07/ 2018}

MARI 12 _{05/ 07/ 2018} _{06/ 07/ 2018} _{10/ 07/ 2018} _{01/ 08/ 2018}

RUI S 5 _{05/ 07/ 2018} _{06/ 07/ 2018} _{10/ 07/ 2018} _{01/ 08/ 2018}

T ick e r Pr ice ( Rp ) Cu m D a t e EX D a t e T r a d in g

BBKP 3 : 10 570 06/ 07/ 2018 09/ 07/ 2018 13/ 07/ 2018 - 25/ 07/ 2018

PEGE 3 : 1 100 06/ 07/ 2018 09/ 07/ 2018 13/ 07/ 2018 - 19/ 07/ 2018

Ra t io

St a t e Bu dge t

Co m p a n y Bu sin e ss

I PO Pr ice

( Rp )

I ssu e d Sh a r e s ( Mn )

Of f e r in g Da t e ( 2 0 1 7 ) List in g Un d e r w r it e r

Mahk ota Gr oup Tbk 703.7 03/ 07/ 2018 - 09/ 07/ 2018 12- Jul- 18

NFC I ndonesia Tbk 166.7 03/ 07/ 2018 - 05/ 07/ 2018 10- Jul- 18

Pollux Pr oper ti I ndonesia Tbk 1247.8 03/ 07/ 2018 - 05/ 07/ 2018 11- Jul- 18

Siner gi Megah I nter nusa Tbk 1200.0 03/ 07/ 2018 - 05/ 07/ 2018 12- Jul- 18

(7)

Pick s of Th e D a y

PGAS : TRAD I N G BUY

PGAS t elah ber hasil br eak Resist ance 1.590 dan ber peluang m elanj ut k an penguat an m enguj i Resist ance ber ik ut ny a di 1.620 dan

1.640 dengan lev el Suppor t di 1.540 dan 1.520. I ndik at or MACD m enunj uk k an adany a kem ungk inan unt uk Golden Cr oss dan I ndi-k at or St ochast ic sudah ber ada pada daer ah ov ersold sehingga m enunj undi-kndi-k an adany a pot ensi penguat an.

Ent r y point : 1.600 - 1.610

Created with AmiBroker - adv anced charting and technical analy sis sof tware. http://www.amibroker.com

Feb Mar Apr May Jun Jul PGAS - Daily 7/12/2018 8:55:00 AM Open 1550, Hi 1630, Lo 1550, Clos e 1620 (4.9%) Vol 1,140,399MA1(Clos e,5) = 1,590.00,MA2(Clos e,20) = 1,847.25,MA3(Clos e,60) = 2,025.42,MA4(Clos e,200) = 2,001.43,SAR(0.02,0.2) = 1,6

1,620 PGAS -MACD(12,26) = -133.02,Signal(12,26,9) = -106.02

-133.021

PTBA - Daily 7/12/2018 8:55:00 AM Open 4080, Hi 4260, Lo 4070, Clos e 4230 (3.9%) Vol 487,856MA1(Clos e,5) = 4,048.00,MA2(Clos e,20) = 4,036.50,MA3(Clos e,60) = 3,661.67,MA4(Clos e,200) = 2,922.32,SAR(0.02,0.2) = 3,750.00

4,230 PTBA -MACD(12,26) = 90.03,Signal(12,26,9) = 98.29

90.033

98.2885

(8)

Pick s of Th e D a y

BRPT : TRAD I N G BUY

BRPT pada perdangan k em arin dit ut up m enguat dan ber hasil br eak Resist ance 1.835. BRPT ber peluang m elanj ut k an penguat an

m enuj u r esist en ber ik ut ny a di 1.880 dengan level suppor t di 1.835 dan 1.800. I ndik at or MACD m enunj ukk an adany a pot ensi unt uk Golden Cr oss dan indicat or St ochast ic ber ada pada ar ea oversold.

Ent r y point : 1.840 - 1.850

Feb Mar Apr May Jun Jul

CPIN - Daily 7/12/2018 9:00:00 AM Open 3740, Hi 3790, Lo 3720, Clos e 3790 (1.3%) Vol 72,423MA1(Clos e,5) = 3,714.00,MA2(Clos e,20) = 3,670.50,MA3(Clos e,60) = 3,635.50,MA4(Clos e,200) = 3,338.25,SAR(0.02,0.2) = 3,565.39

3,790 CPIN -MACD(12,26) = 31.84,Signal(12,26,9) = 21.84

31.8394

Dec 2018 Feb Mar Apr May Jun Jul

1,700

BRPT - Daily 7/12/2018 8:55:00 AM Open 1750, Hi 1900, Lo 1750, Clos e 1865 (6.6%) Vol 282,808MA1(Clos e,5) = 1,786.00,MA2(Clos e,20) = 1,982.75,MA3(Clos e,60) = 2,232.25,MA4(Clos e,200) = 2,248.35,SAR(0.02,0.2) = 1,675

1,865 BRPT -MACD(12,26) = -121.64,Signal(12,26,9) = -112.23

(9)

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

research@sinarmassekuritas.co.id www.sinarmassekuritas.co.id

Equity Research Team

HEAD OF RESEARCH Evan Lie Hadiwidjaja Banking, Automotive

Tel: +62 21 3925550 Ext: 615

evan.hadiwidjaja@sinarmassekuritas.co.id

DEPUTY HEAD OF RESEARCH Wilbert

Consumer Goods, Plantation, Pulp and Paper Tel: +62 21 3925550 Ext: 611

wilbert@sinarmassekuritas.co.id

EQUITY ANALYST Richard Suherman Commodities

Tel: +62 21 3925550 Ext: 610

richard.suherman@sinarmassekuritas.co.id

EQUITY ANALYST Richardson Raymond Property, Industrial Estate Tel: +62 21 3925550 Ext: 159

richardson.raymond@sinarmassekuritas.co.id

EQUITY ANALYST Paulina

Retail, Cement

Tel: +62 21 3925550 Ext: 610 paulina@sinarmassekuritas.co.id

RESEARCH ASSOCIATE Anthony Angkawijaya

Construction, Petrochemical, Healthcare Tel: +62 21 3925550 Ext: 611

anthony.angkawijaya@sinarmassekuritas.co.id

RESEARCH ASSOCIATE Kenji Fanata

Telecommunication, Tobacco, Poultry, Media Tel: +62 21 3925550 Ext: 611

kenji.fanata@sinarmassekuritas.co.id

TECHNICAL ANALYST Eddy Wijaya

Tel: +62 21 3925550 Ext: 159 eddy.wijaya@sinarmassekuritas.co.id

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