: 5,724.7
: +112.3 2.00%
: 21,429 Mn shrs : 14,980 Bn rupiah
Last
Close +/- %
TLKM 3,240 10 0.3
BBCA 31,975 950 3.1
BMRI 6,525 200 3.2
HMSP 1,565 40 2.6
BBRI 4,240 150 3.7
SMGR 12,000 300 2.6
BTPS 4,130 0 0.0
INPP 710 -50 -6.6
Foreign Net Buy / Sell (Regular Market) Net Buy (Rpbn) Net Sell (Rpbn)
BBRI 89 TLKM 218
MNCN 35 BMRI 88
BBTN 31 BBCA 82
BBNI 27 HMSP 61
BJBR 22 PGAS 58 Money Market
Last
Close +/- %
USD/IDR 14,130 10.0 -0.1
JIBOR O/N 5.9 0.0
Dual Listing Securities Last
Close +/- %
TLKM 22.7 0.3 1.2
EIDO 22.5 0.7 3.4
Global Indices Last
Close +/- %
DJIA 29,824 185 0.6
S&P 500 3,662 41 1.1
Euro Stoxx 3,525 33 0.9
MSCI World 2,609 26 1.0
STI 2,814 8 0.3
Nikkei 26,788 354 1.3
Hang Seng 26,568 226 0.9
Commodities Last
Close +/- %
Brent Oil 47 -0.5 -1.0
Coal (ICE) 70 -0.2 -0.2
CPO Malay 3,282 36.0 1.1
Nickel 16,256 242.3 1.5
Tin 18,897 255.0 1.4
Changes Changes Leading Movers
Lagging Movers
Changes
Changes
Changes Market Value
Market Activity Tuesday, 01 Dec 2020 Market Index Index Movement Market Volume
DAILY RESEARCH
Summary
IHSG berpotensi terdorong penguatan bursa saham global
Bursa AS mengalami penguatan pada perdagangan kemarin. Dow naik +0.62%, S&P500 +1.13% dan Nasdaq terangkat +1.28%. Penguatan didukung adanya optimisme stimulus AS akan segera dikeluarkan guna mendukung pemulihan ekonomi di masa pandemi COVID-19 ini. Juru bicara kamar House of Representative AS, Nancy Pelosi dan Menteri Keuangan AS, Steve Mnuchin dijadwalkan akan bertemu kembali dalam waktu dekat untuk membahas mengenai paket stimulus. Di sisi lain, para pengembang vaksin COVID-19 mulai mengajukan izin edar di berberapa negara. Pfizer sedang mengajukan izin di Eropa dengan meminta persetujuan European Medicine Agency. Moderna juga melakukan hal yang sama untuk mendapat izin edar di Uni Eropa dan Singapura.
Dari pasar komoditas, harga minyak mengalami pelemahan semalam.
Brent turun -1.07% dan WTI -1.72%. Pelemahan terjadi dimana para pelaku pasar khawatir terhadap penundaan pertemuan OPEC+ yang akan membahas perjanjian pemotongan produksi minyak yang akan selesai bulan Januari 2021 mendatang.
IHSG kemarin ditutup menguat +2.0% meskipun net sell asing IDR 777 miliar di pasar reguler. Penguatan IHSG didukung indeks PMI manufaktur Indonesia mencapai level 50.6 di bulan November yang menunjukan adanya ekspansi di aktivitas manufaktur Indonesia. Serta adanya inflasi 0.28% di bulan November yang menunjukan daya beli masyarakat mulai pulih dimana bulan sebelumnya terjadi deflasi. Meski demikian sentimen negatif masih datang dari pertambahan kasus COVID-19 di Indonesia yang masih tinggi yaitu 5,092 kasus baru dan hanya ada 4,361 kasus sembuh.
Hari ini IHSG diperkirakan berpotensi menguat kembali, sejalan dengan penguatan bursa global serta menunggu perkembangan stimulus AS. EIDO semalam ditutup naik +3.4%. Pagi ini Nikkei terpantau naik +0.18% dan Kospi naik +0.81%.
APLN : Percepat Pelunasan Hutang
WSKT : Siap Divestasi 9 Ruas Tol
2 December 2020
Highlights
Equity Research│2 December 2020
COVID-19 Data
Indonesia
7 Day Running Covid-19 Data
Total 1D Change Daily 1D Change Total Daily Total Daily Total Closed Cases
Cases % Cases % Recovered Recovered Deaths Deaths Active Cases %
12/1/2020 543,975 0.94 5,092 10.29 454,879 4,361 17,081 136 72,015 86.76 11/30/2020 538,883 0.86 4,617 (26.33) 450,518 4,725 16,945 130 71,420 86.75 11/29/2020 534,266 1.19 6,267 15.67 445,793 3,810 16,815 169 71,658 86.59 11/28/2020 527,999 1.04 5,418 (7.04) 441,983 4,527 16,646 125 69,370 86.86 11/27/2020 522,581 1.13 5,828 18.53 437,456 3,807 16,521 169 68,604 86.87 11/26/2020 516,753 0.96 4,917 (11.15) 433,649 3,842 16,352 127 66,752 87.08 11/25/2020 511,836 1.09 5,534 32.01 429,807 4,494 16,225 114 65,804 87.14
Average 5,382 4,224 139 86.87
Source: SSI Research, Bloomberg
COMMODITIES
Gold: Gold 100 Oz Futures Dec20 (USD/Troi oz) Oil: Generic 1st Crude Oil, Brent (USD/Barel)
Coal: Newcastle Coal (USD/MT) CPO: Bursa Malaysia Crude Palm Oil (MYR/MT)
Pulp: Generic Bleached Softwood Craft Pulp (CNY/MT) Nickel: London Metal Exchange Nickel Future (USD/MT)
2-Dec-19 2-Jan-20 2-Feb-20 2-Mar-20 2-Apr-20 2-May-20 2-Jun-20 2-Jul-20 2-Aug-20 2-Sep-20 2-Oct-20 2-Nov-20
0 10 20 30 40 50 60 70 80
2-Dec-19 2-Jan-20 2-Feb-20 2-Mar-20 2-Apr-20 2-May-20 2-Jun-20 2-Jul-20 2-Aug-20 2-Sep-20 2-Oct-20 2-Nov-20
40 45 50 55 60 65 70 75 80
2-Dec-19 2-Jan-20 2-Feb-20 2-Mar-20 2-Apr-20 2-May-20 2-Jun-20 2-Jul-20 2-Aug-20 2-Sep-20 2-Oct-20 2-Nov-20
1,500 2,000 2,500 3,000 3,500 4,000
4,200 4,300 4,400 4,500 4,600 4,700 4,800 4,900 5,000
12,000 13,000 14,000 15,000 16,000 17,000
2-Dec-19 2-Jan-20 2-Feb-20 2-Mar-20 2-Apr-20 2-May-20 2-Jun-20 2-Jul-20 2-Aug-20 2-Sep-20 2-Oct-20 2-Nov-20
1,400 1,500 1,600 1,700 1,800 1,900 2,000 2,100 2,200
Equity Research│2 December 2020
APLN: Percepat Pelunasan Hutang
PT Agung Podomoro Land (APLN) mempercepat pembayaran utang kepada Credit Opportunities II Pte Ltd senilai USD 127 juta (due Mei 2021; 9% p.a.). Sumber dana berasal dari fasilitas pinjaman yang diberikan Guthrie Ventures Pte Ltd dengan jumlah pokok SGD 172.8 juta, yang akan dijaminkan dengan kepemilikan pada pusat perbelanjaan Central Park. (Investor Daily)
Comment:
Belum terdapat informasi terkait tingkat bungan dan jatuh tempo pada pendanaan baru tersebut, namun pendanaan baru tersebut dapat mengurangi tekanan kredit jangka pendek perseroan.
Sebelumnya Fitch Ratings telah menaikkan peringkat APLN dan Obligasi Senior USD 300 juta, keduanya menjadi ‘CCC-‘ dari sebelumnya ‘C’. APLN: Non-Covergae
WSKT: Siap Divestasi 9 Ruas Tol
PT Waskita Karya Tbk (WSKT) telah menyiapkan tujuh paket transaksi untuk melepaskan kepemilikan pada sedikitnya sembilan ruas jalan tol yang berada di bawah PT Waskita Toll Road (WTR). Transaksi yang ditargetkan rampung pada 2021 tersebut ditaksir bernilai IDR 10-11 triliun. (Investor daily)
Comment:
Ruas yang akan dilepas: 3 yang berlokasi di Jabodetabek, 1 di Jawa Barat, 2 ruas di Pulau Sumatera, 2 dari Trans Jawa dan 1 di Jawa Timur dengan total perkiraan 480 km. Skema pelepasan dengan share swap, tender langsung dan instrument RDPT. Kepemilikan langsung yang tercatat sebagai asset konsensi pada buku WSKT mencapai IDR 60 triliun per Sep-20. Pelepasan jalan tol dapat meringankan porsi hutang WSKT yang pada 9M20 tercatat senilai IDR 69 triliun. WSKT: Under review (Previous:
WSKT: SELL: 59.4x PE '21E, 0.6x PBV '21E, TP: IDR 600)
Equity Research│2 December 2020
JCI Wgt Last price YTD Chg TP SSI TP Cons SSI Upside PE PE PBV PBV ROE ROE
(%) (Rp) (%) (Rp) (Rp) (%) 20E 21E 20E 21E 20E 21E
Banks
BMRI BUY 4.7 6,525 (15.0) 7,700 7,311 18.0 17.0 12.1 1.6 1.5 9.7% 12.6%
BBCA BUY 12.2 31,975 (4.3) 35,300 35,249 10.4 32.6 25.6 4.5 4.0 13.7% 15.8%
BBRI BUY 8.1 4,240 (3.6) 4,800 4,556 13.2 27.0 15.9 2.8 2.5 10.3% 15.8%
BBNI BUY 1.8 6,250 (20.4) 8,000 6,055 28.0 17.3 8.5 0.9 0.9 5.4% 10.0%
BBTN HOLD 0.3 1,720 (18.9) 1,700 1,795 -1.2 13.1 7.1 1.0 0.9 7.9% 12.9%
BNLI SELL #N/A N/A 2,440 92.9 1,376 1,113 -43.6 45.2 42.1 2.7 2.6 6.1% 6.1%
Average 25.4 18.6 2.3 2.1 8.8% 12.2%
Consumer (Staples)
ICBP BUY 1.8 10,100 (9.4) 12,000 12,076 18.8 20.5 18.3 4.0 3.5 19.6% 19.1%
INDF BUY 1.0 7,100 (10.4) 9,500 8,900 33.8 12.6 11.6 1.6 1.5 12.9% 13.2%
KLBF BUY 1.1 1,485 (8.3) 1,750 1,778 17.8 23.6 22.5 3.9 3.6 16.8% 16.1%
UNVR BUY 4.6 7,700 (8.3) 9,800 8,781 27.3 36.7 36.3 45.4 44.8 123.7% 123.4%
Average 23.4 22.2 13.8 13.4 43.3% 42.9%
Cigarette
HMSP HOLD 2.9 1,565 (25.5) 1,520 1,694 -2.9 18.2 18.0 55.9 5.5 307.1% 30.9%
GGRM BUY 1.3 43,000 (18.9) 55,150 52,603 28.3 13.8 8.6 1.6 1.4 11.2% 16.9%
Average 16.0 13.3 28.7 3.5 159.2% 23.9%
Healthcare
MIKA HOLD 0.6 2,870 7.5 3,000 2,811 4.5 68.3 56.3 8.9 8.1 13.0% 14.4%
SILO SELL 0.1 5,500 (20.9) 4,900 5,881 -10.9 n/a 392.9 1.5 1.5 -1.7% 0.4%
HEAL BUY 0.2 3,900 8.9 5,000 4,280 28.2 35.8 31.0 5.4 4.8 15.1% 15.4%
Average 52.1 160.0 5.3 4.8 8.8% 10.1%
Poultry
CPIN HOLD 1.6 6,325 (2.7) 5,800 6,306 -8.3 26.0 22.8 4.3 3.8 16.5% 16.7%
JPFA BUY 0.3 1,380 (10.1) 1,600 1,367 15.9 21.9 9.8 1.3 1.2 6.0% 12.2%
MAIN HOLD 0.0 680 (32.3) 700 626 2.9 340.0 9.3 0.7 0.7 0.2% 7.2%
Average 129.3 14.0 2.1 1.9 7.6% 12.0%
Retail
MAPI BUY 0.2 800 (24.2) 1,350 913 68.8 11.3 10.0 1.7 1.5 15.4% 14.8%
RALS BUY 0.1 765 (28.2) 1,400 660 83.0 6.6 6.1 1.1 1.0 17.3% 17.3%
ACES BUY 0.4 1,640 9.7 1,900 1,767 15.9 24.1 21.6 5.1 4.5 21.2% 20.7%
Average 14.0 12.6 2.7 2.3 18.0% 17.6%
Pulp and Paper
INKP SELL 0.8 9,325 21.1 6,900 9,000 -26.0 10.7 12.9 0.8 0.8 7.6% 6.0%
Average 10.7 12.9 0.8 0.8 7.6%
Media
MNCN BUY 0.2 1,045 (35.9) 1,390 1,411 33.0 5.6 5.0 1.0 0.9 17.5% 17.3%
SCMA HOLD 0.4 1,585 12.4 1,550 1,717 -2.2 13.7 13.7 3.6 3.3 26.4% 23.8%
Average 9.6 9.4 2.3 2.1 22.0% 20.5%
Telco
EXCL BUY 0.4 2,450 (22.2) 3,500 3,403 42.9 25.5 23.6 1.3 1.3 5.1% 5.4%
ISAT BUY 0.2 2,230 (23.4) 2,800 3,037 25.6 n/a n/a 1.1 1.1 -9.7% -2.2%
TLKM BUY 5.0 3,240 (17.3) 4,300 3,894 32.7 15.7 14.4 2.6 2.5 16.9% 17.5%
Average 20.6 19.0 1.7 1.6 4.1% 6.9%
Telco Retail
ERAA HOLD 0.1 1,750 (2.5) 1,625 2,113 -7.1 9.4 7.6 1.0 0.9 11.0% 11.9%
Telco Infra
TBIG HOLD 0.5 1,470 19.5 1,550 1,550 5.4 30.6 28.8 5.1 4.5 16.5% 15.6%
TOWR BUY 0.8 1,055 31.1 1,300 1,240 23.2 17.9 16.5 5.0 4.2 27.7% 25.2%
Average 24.3 22.7 5.0 4.3 22.1% 20.4%
Stock Rec.
Equity Research│2 December 2020
JCI Wgt Last price YTD Chg TP SSI TP Cons SSI Upside PE PE PBV PBV ROE ROE
(%) (Rp) (%) (Rp) (Rp) (%) 20E 21E 20E 21E 20E 21E
Auto
ASII BUY 3.5 5,550 (19.9) 7,500 6,168 35.1 10.3 9.4 1.1 1.0 10.8% 10.9%
Average 10.3 9.4 1.1 1.0 10.8%
Mining Contracting
UNTR HOLD 1.4 24,175 12.3 22,300 26,701 -7.8 7.5 5.6 1.7 1.1 22.1% 19.7%
Average 7.5 5.6 1.7 1.1 22.1%
Aviation
GIAA BUY 0.2 410 (17.7) 650 233 58.5 4.2 3.6 0.7 0.6 17.5% 16.9%
Average 4.2 3.6 0.7 0.6 17.5%
Property
BSDE SELL 0.4 1,070 (14.7) 950 1,163 -11.2 24.9 20.2 0.6 0.6 2.3% 3.1%
PWON SELL 0.4 515 (9.6) 460 573 -10.7 15.6 12.0 1.4 1.2 8.9% 10.0%
ASRI SELL 0.1 236 (0.8) 130 225 -44.9 18.2 8.4 0.4 0.4 2.3% 4.7%
LPKR SELL 0.3 230 (5.0) 140 182 -39.1 n/a n/a 0.5 0.5 -0.5% -0.2%
SMRA HOLD 0.2 810 (19.4) 800 910 -1.2 54.0 32.4 1.5 1.4 2.7% 4.2%
CTRA HOLD 0.3 905 (13.0) 950 1,003 5.0 23.8 17.4 1.0 1.0 4.4% 5.7%
Average 27.3 18.1 0.9 0.8 3.4% 4.6%
Industrial Estate
SSIA HOLD 0.0 545 (16.8) 550 565 0.9 60.6 30.3 0.6 0.6 1.0% 2.0%
DMAS HOLD 0.2 268 (9.5) 250 258 -6.7 17.9 15.8 1.7 2.0 9.6% 12.7%
KIJA SELL 0.1 208 (28.8) 150 170 -27.9 18.9 16.0 0.8 0.5 4.0% 3.4%
Average 32.4 20.7 1.0 1.0 4.9% 5.0%
Construction
PTPP SELL 0.1 1,395 (12.0) 1,200 1,167 -14.0 35.8 11.1 0.6 0.6 1.6% 5.0%
ADHI SELL 0.1 1,135 (3.4) 700 895 -38.3 5.5 5.0 0.5 0.5 10.0% 10.0%
WSKT SELL 0.2 1,070 (27.9) 600 904 -43.9 n/a 59.4 0.6 0.6 -7.3% 1.1%
WIKA HOLD 0.2 1,675 (15.8) 1,600 1,466 -4.5 17.4 11.4 0.9 0.8 5.0% 7.1%
Average 19.6 21.7 0.7 0.6 2.3% 5.8%
Cement
INTP HOLD 0.9 15,025 (21.0) 16,250 15,909 8.2 41.7 34.7 2.4 2.4 5.8% 6.9%
SMGR HOLD 1.1 12,000 - 10,800 12,488 -10.0 53.6 31.7 2.0 1.9 3.8% 6.1%
Average 47.7 33.2 2.2 2.2 4.8% 6.5%
Precast
WSBP SELL 0.1 218 (28.3) 170 277 -22.0 5.0 4.3 0.6 0.5 12.1% 12.7%
WTON HOLD 0.0 358 (20.4) 340 411 -5.0 5.0 4.3 0.8 0.7 15.6% 16.0%
Average 5.0 4.3 0.7 0.6 13.8% 14.3%
Oil and Gas
PGAS SELL 0.5 1,390 (35.9) 700 1,461 -49.6 23.6 17.6 0.8 0.8 3.6% 4.6%
AKRA BUY 0.2 2,990 (24.3) 3,800 3,597 27.1 13.8 12.8 1.4 1.3 10.1% 10.4%
MEDC BUY 0.2 505 (31.0) 950 533 88.1 8.9 4.0 0.5 0.5 5.9% 12.1%
Average 15.4 11.5 0.9 0.9 6.5% 9.0%
Chemical
TPIA SELL 2.7 9,500 (8.4) 7,575 7,188 -20.3 77.9 77.9 6.7 6.7 8.6% 8.6%
BRPT HOLD 1.6 1,085 (28.1) 1,075 903 -0.9 8.1 8.1 0.5 0.5 6.2% 6.2%
ESSA BUY 0.0 161 (39.9) 280 N/A 73.9 4.7 4.7 0.5 0.5 9.6% 9.6%
Average 30.2 30.2 2.6 2.6 8.2% 8.1%
Utilities
JSMR BUY 0.5 4,240 (18.1) 4,700 5,316 10.8 53.0 16.9 1.3 1.2 2.4% 6.9%
Metal
ANTM SELL 0.4 1,155 37.5 960 1,241 -16.9 165.0 105.0 1.5 1.6 0.9% 1.5%
MDKA SELL 0.6 1,860 73.8 1,600 2,088 -14.0 23.8 14.7 6.0 4.7 25.2% 31.9%
INCO SELL 0.7 4,650 27.7 4,000 4,712 -14.0 29.6 25.5 1.6 1.5 5.2% 6.0%
TINS BUY 0.1 1,070 29.7 1,775 1,025 65.9 n/a 1215.9 1.5 1.8 -4.2% 0.1%
Average 72.8 340.3 2.7 2.4 6.8% 9.9%
Stock Rec.
Equity Research│2 December 2020
JCI Wgt Last price YTD Chg TP SSI TP Cons SSI Upside PE PE PBV PBV ROE ROE
(%) (Rp) (%) (Rp) (Rp) (%) 20E 21E 20E 21E 20E 21E
Coal
ITMG SELL 0.2 13,800 20.3 8,080 10,306 -41.4 5.2 6.4 2.0 3.7 37.8% 57.3%
ADRO BUY 0.7 1,390 (10.6) 1,600 1,498 15.1 7.3 7.3 0.7 0.7 9.9% 9.3%
PTBA SELL 0.4 2,430 (8.6) 1,870 2,450 -23.0 10.1 15.2 1.6 1.6 15.7% 10.6%
Average 7.5 9.6 1.4 2.0 21.1% 25.7%
Plantation
AALI HOLD 0.4 12,100 (17.0) 11,100 12,390 -8.3 36.2 21.3 1.2 1.2 3.4% 5.5%
LSIP HOLD 0.1 1,210 (18.5) 1,145 1,303 -5.4 23.3 20.9 0.9 0.9 4.1% 4.4%
TBLA BUY 0.1 810 (18.6) 980 1,077 21.0 5.0 4.7 0.7 0.7 14.3% 14.3%
SIMP HOLD 0.1 392 (9.3) 388 470 -1.0 35.6 23.1 0.4 0.4 1.2% 1.8%
SSMS BUY 0.1 780 (7.7) 1,050 1,100 34.6 15.0 10.7 1.7 1.5 11.0% 13.8%
Average 23.0 16.1 1.0 0.9 6.8% 8.0%
Source: SSI Research, Bloomberg
Note: GIAA, INKP, PGAS, ITMG, ADRO, MEDC, BRPT, INCO, DOID, TPIA report in USD.
Stock Rec.
Equity Research│2 December 2020
Chg (Pts)
1D 1D 1W 1M 3M YTD 1YR High Low
World 2,609 25.87 1.00 0.75 13.78 5.75 10.62 13.82 2,604 1,579
U.S. (S&P) 3,662 40.82 1.13 2.37 10.64 2.28 13.36 17.62 3,678 2,192
U.S. (DOW) 29,824 185.28 0.63 0.79 10.77 2.49 4.50 7.35 30,117 18,214
Europe 3,525 32.70 0.94 0.49 16.75 5.62 (5.87) (2.80) 3,867 2,303
Emerging Market 1,224 18.94 1.57 0.47 10.92 9.28 9.81 17.69 1,233 752
FTSE 100 6,385 118.54 1.89 (0.74) 12.90 7.47 (15.35) (12.37) 7,690 4,899
CAC 40 5,582 63.09 1.14 0.42 18.98 10.93 (6.63) (3.54) 6,111 3,632
Dax 13,382 91.14 0.69 0.68 13.52 1.05 1.01 3.22 13,795 8,256
Indonesia 5,725 112.33 2.00 0.42 11.92 7.77 (9.12) (6.61) 6,349 3,912
Japan 26,788 353.92 1.34 1.87 14.99 15.23 13.23 13.85 26,852 16,358
Australia 6,598 9.46 0.14 (1.28) 10.87 8.82 (1.29) (3.85) 7,197 4,403
Korea 2,654 19.90 0.76 2.02 15.39 12.26 20.77 26.88 2,654 1,439
Singapore 2,814 8.17 0.29 (2.68) 15.19 10.79 (12.68) (11.73) 3,284 2,208
Malaysia 1,602 39.55 2.53 1.51 9.26 4.21 0.85 2.02 1,619 1,208
Hong Kong 26,568 226.19 0.86 (0.08) 8.62 5.76 (5.75) 0.46 29,175 21,139
China 3,452 60.18 1.77 1.44 7.03 1.38 13.17 20.03 3,459 2,647
Taiwan 13,886 162.78 1.19 0.57 10.28 9.34 15.74 20.72 13,969 8,524
Thailand 1,421 12.56 0.89 1.37 18.19 7.98 (10.06) (9.47) 1,604 969
Philipines 7,010 218.10 3.21 (2.36) 10.84 22.15 (10.31) (11.01) 7,892 4,039
1D 1D 1W 1M 3M YTD 1YR High Low
Foreign Reserves (US$Bn) 133.66 (1.10) (1.05) 3.47 5.50 137.04 120.97
Inflation Rate (yoy, %) 1.59 2.98 1.32
Gov Bond Yld (10yr, %) 6.17 (13.65) 8.38 6.13
US Fed Rate (%) 0.25 1.75 0.25
Chg (Pts)
1D 1D 1W 1M 3M YTD 1YR High Low
Indonesia 14,130 10.00 (0.07) 0.18 3.61 3.14 (1.87) (0.04) 16,625 13,577
Japan 104.26 (0.07) 0.07 0.19 0.44 1.84 4.17 4.53 112.23 101.19
UK 1.34 0.00 0.01 0.31 3.91 0.54 1.24 3.73 1.35 1.14
Euro 1.21 (0.00) (0.02) 1.28 3.68 1.81 7.63 8.94 1.21 1.06
China 6.57 (0.01) 0.10 0.29 1.81 3.89 5.95 7.11 7.18 6.54
Chg (Pts)
1D 1D 1W 1M 3M YTD 1YR High Low
Oil (Brent) 47.42 (0.46) (0.96) (0.92) 26.59 4.04 (28.15) (24.04) 71.75 15.98
CPO 3,282 36.00 1.11 1.02 9.00 19.00 7.54 19.61 3,420 1,944
Rubber 990.00 5.00 0.51 1.28 (21.43) 22.98 29.58 31.13 1,262.50 685.00
Coal 69.80 (0.15) (0.21) 1.31 17.81 32.70 3.10 0.65 77.25 47.50
Tin 18,897 255.00 1.37 0.99 6.62 3.80 10.01 14.50 19,130 13,375
Nickel 16,278 245.00 1.53 0.22 7.40 4.79 16.06 19.08 16,525 10,865
Copper 7,695 114.50 1.51 5.51 14.53 15.06 24.63 31.22 7,743 4,371
Gold 1,812 (4.20) (0.23) 0.43 (4.23) (6.43) 19.28 23.60 2,074 1,451
Source: Bloomberg, SSI Research
Change (%) 1 Year
Change (%) 1 Year
Change (%) 1 Year
Commodity Indicators Last Price Regional Indices Last Price
Exchange Rate (per USD) Last Price
Equity Research│2 December 2020
Research Team
Suria Dharma Head of Equity Research, Strategy, Banking,
Consumer (Staple) [email protected] +6221 2854 8148
Ahmad Mikail Zaini Economist [email protected] +6221 2854 8396
William Mamudi, CMT Technical Analyst [email protected] +6221 2854 8382
Yosua Zisokhi Cement , Cigarette,Paper, Plantation,Telco
Infra, Chemical [email protected] +6221 2854 8387
Dessy Lapagu Aviation, Coal, Metal [email protected] +6221 2854 8392
Selvi Ocktaviani Automotive,Construction, Mining Cont.,
Precast,Telco, Toll Roads [email protected] +6221 2854 8393 Ilham Akbar Healthcare, Ind. Estate, Property,Oil & Gas [email protected] +6221 2854 8144
Nashrullah Putra Media, Poultry [email protected] +6221 2854 8144
Calista Muskitta Research Associate [email protected] +6221 2854 8331
Private Wealth Management
Evelyn Satyono Head of PWM / Institutional Sales [email protected] +6221 2854 8380
Ronny Ardianto Institutional Equity Sales [email protected] +6221 2854 8399
Clarice Wijana Institutional Equity Sales [email protected] +6221 2854 8395
Fachruly Fiater Institutional Equity Sales [email protected] +6221 2854 8325
Gitta Wahyu Retnani Institutional Equity Sales [email protected] +6221 2854 8365
Equity Sales Team
Kelvin Long Head of Equities [email protected] +6221 2854 8150
Yulianah Institutional Equity Sales [email protected] +6221 2854 8146
Lucia Irawati Retail Equity Sales [email protected] +6221 2854 8173
Fixed Income Sales Team
R. Virine Tresna Sundari Head of Fixed Income [email protected] +6221 2854 8170
Rudianto Nugroho Fixed Income Sales [email protected] +6221 2854 8306
Teguh Suwarno Fixed Income Sales [email protected] +6221 2854 8384
Sany Rizal Keliobas Fixed Income Sales [email protected] +6221 2854 8337
Online Trading Sales Team
Nugroho Nuswantoro Head of Marketing Online Trading [email protected] +6221 2854 8372
Muhamad Alfatih CSA, CTA, CFTe Senior Technical Portfolio Advisor [email protected] +6221 2854 8129
Wahyu Widodo Marketing [email protected] +6221 2854 8371
