Volume JCI Index - Sinarmas Sekuritas...2020/11/17 · Dalam Rancangan Peraturan Pemerintah (RPP)...

1

Today’s Market:

IHSG diperkirakan bergerak mixed dengan kecenderungan

menguat. Bursa AS ditutup menguat pada perdagangan

Senin (11/16). Harga batubara naik ke level USD 62.30

per Mt. Crude oil naik ke level USD 41.38 per barrel. Rupi-

ah menguat terhadap Dollar AS di level Rp 14,110. 10Yr

Government Bonds Yield turun ke level 6.24%.

Dari global, Moderna Inc. mengumumkan teknologi baru

vaksin virus corona yang efektif 94.5% dalam mencegah

Covid-19.

Dari dalam negeri, BPS mengumumkan trade balance peri-

ode Oct-20 sebesar USD 3,6tn dengan nilai ekspor sebesar

USD 14,39 tn (-3.29% YoY, di atas konsensus) dan nilai

impor sebesar USD 10,78 tn (-26.93% YoY, di bawah kon-

sensus).

Dari dalam negeri, Gaikindo mencatatkan penjualan mobil

pada Oct-20 sebesar 49,043 units (+1% MoM, -48.5%

YoY).

Sehubungan dengan emiten, Indah Kiat Pulp and Paper

(INKP) pada 3Q20 mencatatkan pendapatan sebesar USD

708mn (+0.6% QoQ/-20.7% YoY) dan laba bersih sebesar

USD 84mn (+252.2% QoQ/-7.7% YoY).

Secara teknikal indeks hari Selasa (11/17), IHSG dipred-

iksi bergerak di kisaran 5,431-5,545.

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 naik sebanyak 33.8 poin (0.62%) ke level 5494.87.

Sementara LQ45 naik sebanyak 6.2 poin (0.72%) ke level

873.44. Foreign net sell sebesar Rp 368.78 miliar.

ID X Stat ist ics C lo sing

JCI 5,494.87

Transaction Value Regular M arket (IDR tn) 9.058

Transaction Volume Regular M arket (mn shares) 11,978

Foreign Net Buy (Sell) (IDR bn) (369)

Foreign Net Buy (Sell) YTD (IDR Tn) (39.9)

Total M arket Capitalization (IDR tn) 6,344.03

LQ45 873.44 0.72 (13.90)

EIDO 21.59 1.08 (15.86)

IDX 19.39 1.57 (14.28)

DOW JONES 29,950.44 1.60 4.95

S&P 500 3,626.91 1.16 12.26

NASDAQ 11,924.13 0.80 32.89

FTSE 6,421.29 1.66 (14.86)

NIKKEI 25,906.93 2.05 9.51

HANG SENG 26,381.67 0.86 (6.41)

STRAITS TIM ES 2,748.00 1.35 (14.73)

KLSE 1,599.66 0.63 0.69

USD/IDR 14,110.00 0.00 1.73

EUR/IDR 16,777.36 0.00 7.06

JPY/IDR 135.29 0.00 5.52

SGD/IDR 10,511.38 0.00 1.75

AUD/IDR 10,329.40 0.00 5.63

GBP/IDR 18,722.04 0.00 2.24

Crude Oil (USD/barrel) 41.38 7:30:42 AM (32.23)

Coal (USD/mn tons) 62.30 11/16/2020 (7.98)

Natural Gas (USD/mmBtu) 2.70 7:31:23 AM 23.39

Gold (USD/ounce) 1,889.61 7:41:24 AM 24.54

Nickel (USD/mn tons) 15,894.00 11/16/2020 13.33

Tins (USD/mn tons) 18,755.00 11/16/2020 9.20

CPO (M YR/mn tons) 3,495.00 11/16/2020 14.93

Rubber (JPY/kg) 271.80 11/16/2020 53.30

Wheat (USD/bushel) 598.00 11/16/2020 7.02

Corn (USD/bushel) 416.25 11/16/2020 7.35

P riceLast

T ransact io n

YT D

C hg (%)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 (%)

Tuesday, November 17, 2020

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2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

3,000

3,500

4,000

4,500

5,000

5,500

6,000

6,500

7,000

Milli

ons

Volume JCI Index

2

Daily Corporate and Industry News

Pemerintah tetapkan 5 arah kebijakan pembiayaan investasi pada 2021, dimana nilai investasi tersebut mencapai Rp 184.45 triliun. Source: Investor Daily

Badan Pusat Statistik (BPS) mencatatkan surplus pada Oktober 2020 sebesar US$ 3,61 milliar, pencapaian tersebut meningkat dari September yang sebesar US$ 2,39 milar. Kinerja ekspor Indonesia mencetak rekor tertinggi sepan-jang tahun pada Oktober 2020 dengan capaian US$14,39 miliar. Nilai ekspor ini lebih besar dibandingkan dengan capaian pada Maret yang sebelumnya memegang rekor dengan nilai US$14,07 miliar. Source: Kontan, Bisnis Indo-nesia

Dalam Rancangan Peraturan Pemerintah (RPP) tentang Pajak Daerah dan Retribusi Daerah Dalam Rangka Men-dukung Kemudahan Berusaha dan Layanan Daerah, yang merupakan aturan turunan dari UU No. 11/2020 tentang Cipta Kerja. Kewenangan pemerintah pusat dalam menetapkan tarif dan retribusi hanya dapat melakukan intervensi khusus pada program prioritas nasional. Source: Bisnis Indonesia

Kementerian Pendidikan dan Kebudayaan (Kemdikbud) menyatakan program bantuan kuota internet hingga akhir Oktober 2020 sudah diberikan kepada 35,5 juta orang. Source: Kontan

Lembaga Penjamin Simpanan (LPS) pada kuartal III mencatatkan kondisi nilai dana pihak ketiga (DPK) di perbankan mencapai Rp 6.721 triliun (+10,6% ytd). Source: Kontan

Dharma Satya Nusantara (DSNG) menganggarkan capex sekitar Rp 1 triliun untuk tahun 2021 atau sama dengan tahun 2020. Source: Kontan

Ultrajaya Milk Industry (ULTJ) menggalang dana sebesar Rp 3 triliun melalui penerbitan surat utang jangka menen-gah (MTN). Source: Investor Daily

Indah Kiat Pulp and Paper (INKP) pada kuartal III-20 mencatatkan pendapatan sebesar USD 708mn (+0.6% QoQ/-20.7% YoY) dan laba bersih sebesar USD 84mn (+252.2% QoQ/-7.7% YoY). Source: Company Data

Tjiwi Kimia (TKIM) pada kuartal III-20 mencatatkan pendapatan sebesar USD 200mn (-19.8% YoY) dan laba bersih sebesar USD 79mn (+64.7% YoY). Source: Company Data

Ace Hardware (ACES) pada kuartal III-20 mencatatkan pendapatan sebesar Rp 1,8tn (-9.1% YoY) dan laba bersih sebesar Rp 170bn (-31.9% YoY). Source: Company Data

Garudafood Putra Putri Jaya (GOOD) akan melakukan tender offer atas sebanyak-banyaknya 82.2 juta lembar sa-ham atau 5.5% dari modal ditempatkan dan disetor penuh kepada Mulia Boga Raya (KEJU). Adapun harga pelaksa-naan penawaran wajib atau tender offer saham KEJU ditetapkan dilevel Rp1.156 per saham. Source: IQPlus


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 29,964.29 18,213.65 1,412.00 4.95 24.84 24.75 4.66 4.52 9,144.85 9,144.85

2 SPX Index 3,645.99 2,191.86 396.13 12.26 28.42 26.10 3.98 3.84 31,020.38 31,020.38

3 CCM P Index 12,108.07 6,631.42 2,951.53 32.89 69.11 38.55 6.01 5.90 18,988.84 18,988.84

4 SPTSX Index 17,970.51 11,172.73 (173.62) (1.02) 26.34 22.98 1.82 1.56 2,554.40 1,942.65

5 M EXBOL Index 45,955.41 32,503.25 (2,749.21) (6.31) 34.74 25.03 1.92 1.33 5,230.94 256.09

6 SX5E Index 3,867.28 2,302.84 (278.94) (7.45) 49.09 22.48 1.93 1.83 3,276.39 3,879.90

7 UKX Index 7,689.67 4,898.79 (1,121.15) (14.86) 260.36 20.51 1.61 1.53 1,765.84 2,330.38

8 CAC Index 6,111.41 3,632.06 (506.58) (8.47) 56.40 27.85 1.70 1.65 1,754.94 2,078.20

9 DAX Index 13,795.24 8,255.65 (110.40) (0.83) 65.47 19.49 1.69 1.56 1,201.27 1,422.54

10 IBEX Index 10,100.20 5,814.50 (1,563.00) (16.37) #N/A N/A 34.34 1.31 1.25 522.24 618.43

11 FTSEM IB Index 25,483.05 14,153.09 (2,189.36) (9.31) 52.61 22.85 1.08 1.09 496.08 587.46

12 AEX Index 632.12 389.60 (2.91) (0.48) 149.63 25.03 s 1.84 833.21 986.69

13 SM I Index 11,270.00 7,650.23 (30.20) (0.28) 24.96 20.30 2.82 2.69 1,249.70 1,369.98

14 AS51 Index 7,197.20 4,402.50 (184.68) (2.76) 43.07 21.84 2.14 2.08 2,042.89 1,494.99

15 AS30 Index 7,289.70 4,429.10 (104.40) (1.53) 45.63 23.23 2.14 2.09 2,259.62 1,653.59

16 SHSZ300 Index 4,997.80 3,503.19 807.59 19.71 18.67 16.80 2.14 2.04 40,166.30 6,099.85

17 SHASHR Index 3,625.48 2,773.54 311.86 9.76 17.47 15.12 1.59 1.51 40,438.24 6,141.15

18 SZASHR Index 2,450.11 1,624.49 594.27 32.97 47.15 26.44 3.22 3.51 33,142.88 5,033.24

19 HSI Index 29,174.92 21,139.26 (1,808.08) (6.41) 14.51 13.57 1.08 1.11 24,468.19 3,155.52

20 HSCEI Index 11,502.47 8,290.34 (589.12) (5.28) 10.04 10.01 1.11 1.09 22,253.35 2,869.88

21 SENSEX Index 43,830.93 25,638.90 2,384.24 5.78 31.47 27.13 2.91 3.06 83,655.01 1,124.30

22 NIFTY Index 12,828.70 7,511.10 611.80 5.03 31.78 26.68 2.85 3.00 99,384.06 1,335.70

23 JCI Index 6,348.53 3,911.72 (804.67) (12.77) 11.55 20.70 1.79 1.95 6,344,025.64 450.92

24 LQ45 Index 1,036.62 566.05 (141.04) (13.90) 18.04 20.09 1.98 2.07 4,031,011.89 286.52

25 KSE100 Index 43,468.22 27,046.71 (230.33) (0.57) 9.90 7.03 1.15 0.96 6,095.75 38.54

26 NKY Index 26,057.30 16,358.19 2,297.16 9.71 36.09 25.30 1.97 1.94 388,898.19 3,720.09

27 NEY Index 362.53 249.78 10.67 3.05 30.40 24.19 1.31 1.31 464,676.53 4,444.96

28 TPX Index 1,747.20 1,199.25 8.31 0.48 29.39 22.74 1.24 1.27 658,811.16 6,302.00

29 FBM KLCI Index 1,618.01 1,207.80 10.90 0.69 23.33 18.59 1.63 1.55 1,031.22 250.45

30 NZSE Index 2,115.24 1,356.73 170.49 8.86 55.38 35.98 2.58 2.59 175.75 121.18

31 PCOM P Index 7,946.42 4,039.15 (897.21) (11.48) 26.52 25.39 1.72 1.69 8,767.68 181.98

32 FSSTI Index 3,283.89 2,208.42 (474.83) (14.73) 23.90 18.72 0.96 0.96 491.08 364.96

33 KOSPI Index 2,552.62 1,439.43 354.28 16.12 29.06 18.42 0.99 1.06 1,675,861.62 1,512.70

34 TWSE Index 13,551.83 8,523.63 1,554.69 12.96 20.73 19.19 2.01 2.17 40,965.97 1,436.19

35 SET Index 1,620.60 969.08 (228.78) (14.48) 24.09 25.08 1.50 1.55 14,834.81 491.22

36 SET50 Index 1,094.05 628.97 (190.26) (17.81) 24.07 25.81 1.67 1.63 10,034.03 332.25

37 VNINDEX Index 1,015.16 649.10 (10.20) (1.06) 15.34 15.85 1.98 2.12 3,547,104.48 153.12

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



LQ45 Index

HIGH LOW POINT % 2019 2020E 2019 2020E

1 ACES IJ 1,725 1,815 970 230 15.38 24.91 35.27 5.49 5.53 29,583.75

2 ADRO IJ 1,195 1,715 610 (360) (23.15) 8.85 9.44 0.96 0.76 38,223.22

3 AKRA IJ 2,850 4,010 1,405 (1,100) (27.85) 22.13 13.97 1.90 1.28 11,441.88

4 ANTM IJ 1,185 1,255 338 345 41.07 73.62 38.22 1.11 1.50 28,476.46

5 ASII IJ 5,925 7,250 3,220 (1,000) (14.44) 12.91 16.05 1.90 1.54 239,865.05

6 BBCA IJ 32,400 35,300 21,625 (1,025) (3.07) 28.85 33.89 4.74 4.40 798,822.32

7 BBNI IJ 5,675 8,000 2,970 (2,175) (27.71) 9.51 20.30 1.19 0.95 105,831.13

8 BBRI IJ 3,960 4,760 2,160 (440) (10.00) 15.66 24.58 2.63 2.50 488,449.41

9 BBTN IJ 1,650 2,240 720 (470) (22.17) 108.86 14.82 0.94 0.97 17,473.50

10 BMRI IJ 6,200 8,050 3,660 (1,475) (19.22) 13.03 17.13 1.75 1.52 289,333.33

11 BSDE IJ 1,090 1,390 585 (165) (13.15) 8.54 22.14 0.82 0.69 23,076.79

12 BTPS IJ 4,390 5,125 1,790 140 3.29 23.45 35.69 6.07 5.64 33,819.24

13 CPIN IJ 6,775 7,450 3,800 275 4.23 29.39 37.88 5.06 4.93 111,096.45

14 CTRA IJ 900 1,110 394 (140) (13.46) 16.72 21.61 1.26 1.05 16,704.27

15 ERAA IJ 1,845 1,900 805 50 2.79 19.38 16.55 1.19 1.14 5,885.55

16 EXCL IJ 2,320 3,590 1,315 (830) (26.35) 47.50 15.42 1.76 1.18 24,837.95

17 GGRM IJ 41,650 59,075 30,625 (11,350) (21.42) 9.37 9.41 2.00 1.40 80,138.27

18 HMSP IJ 1,445 2,350 1,085 (655) (31.19) 17.84 15.83 6.85 4.62 168,079.62

19 ICBP IJ 9,750 11,900 7,750 (1,400) (12.56) 25.79 18.95 5.14 3.89 113,703.60

20 INCO IJ 4,500 4,700 1,340 860 23.63 45.05 31.99 1.34 1.56 44,713.52

21 INDF IJ 7,150 8,300 5,000 (775) (9.78) 14.17 11.19 1.84 1.61 62,780.05

22 INKP IJ 9,300 9,975 3,020 1,600 20.78 11.03 11.40 0.76 0.83 50,880.14

23 INTP IJ 14,150 20,875 8,650 (4,875) (25.62) 38.16 35.32 3.03 2.27 52,089.43

24 ITMG IJ 9,100 13,625 5,650 (2,375) (20.70) 7.00 10.27 1.02 0.84 10,282.32

25 JPFA IJ 1,275 1,745 760 (260) (16.94) 10.16 22.56 1.67 1.33 14,951.38

26 JSMR IJ 4,330 5,400 2,230 (845) (16.33) 17.02 41.96 2.01 1.62 31,426.58

27 KLBF IJ 1,490 1,695 830 (130) (8.02) 30.30 25.91 4.78 4.00 69,843.93

28 MDKA IJ 1,860 2,120 890 790 73.83 23.26 44.07 3.42 6.94 40,729.52

29 MIKA IJ 2,370 2,840 1,570 (300) (11.24) 51.71 50.12 8.85 7.25 33,763.85

30 MNCN IJ 880 1,780 695 (750) (46.01) 9.06 6.23 1.74 0.88 13,243.81

31 PGAS IJ 1,215 2,260 605 (955) (44.01) 55.96 28.79 1.48 0.85 29,453.43

32 PTBA IJ 2,130 2,870 1,385 (530) (19.92) 7.14 8.95 1.63 1.34 24,539.00

33 PTPP IJ 1,100 1,750 484 (485) (30.60) 10.83 35.88 0.81 0.56 6,819.89

34 PWON IJ 482 610 266 (88) (15.44) 10.09 16.73 1.83 1.45 23,212.93

35 SCMA IJ 1,520 1,625 600 110 7.80 20.87 19.51 4.23 3.95 22,457.50

36 SMGR IJ 10,950 13,250 5,475 (1,050) (8.75) 29.77 31.31 2.21 1.90 64,950.14

37 SMRA IJ 775 1,125 350 (230) (22.89) 28.15 52.35 1.97 1.44 11,180.76

38 SRIL IJ 226 278 113 (34) (13.08) 4.33 #N/A 0.64 NA 4,622.19

39 TBIG IJ 1,350 1,575 730 120 9.76 31.67 27.98 5.33 5.15 30,586.95

40 TKIM IJ 6,775 12,275 3,750 (3,500) (34.06) 13.80 #N/A 1.66 NA 21,092.09

41 TLKM IJ 3,070 4,055 2,417 (900) (22.67) 21.07 14.81 3.95 2.76 304,121.00

42 TOWR IJ 1,005 1,180 575 200 24.84 17.37 19.02 4.63 4.88 51,269.70

43 UNTR IJ 21,250 25,175 12,000 (275) (1.28) 7.10 10.96 1.38 1.29 79,265.37

44 UNVR IJ 7,725 8,800 5,275 (675) (8.04) 43.35 39.27 60.67 51.54 294,708.75

45 WIKA IJ 1,470 2,200 675 (520) (26.13) 7.82 24.76 1.08 0.86 13,185.83

MARKET CAP

(Bn)LQ45 Index

CHANGE YTD PER (x) PBV (x)16-Nov-20

52-WEEK

5

Macro data


www.sinarmassekuritas.co.i

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

Property 2.35 4.42 8.39 (31.44)

Basic Industry 0.39 2.97 10.16 (15.35)

Trade 0.78 0.65 4.76 (13.65)

Finance 0.24 3.68 11.79 (7.13)

M iscellaneous Industry 0.14 4.50 15.56 (15.93)

Consumer 0.03 (0.60) (2.23) (11.47)

Infrastructure 1.92 4.02 7.39 (21.51)

Agriculture 0.40 4.34 6.20 (18.09)

M ining 1.65 1.68 7.99 (0.83)

Oct-20 Sep-20

0.95 1.01

1.44 1.42

0.07 -0.05

133.66 135.15

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

USD/IDR 14,110.00 - 4.17 (1.73)

USD/CNY 6.58 0.33 1.71 5.75

USD/EUR 0.84 (0.08) (0.80) (5.49)

USD/JPY 104.45 0.12 0.94 3.98

USD/SGD 1.34 0.06 0.98 0.10

USD/AUD 1.36 (0.08) (3.53) (4.24)

USD/GBP 0.76 (0.15) (2.05) 0.27

( in %)

4.60

0.14

1.46

5.28

6.24

6.79

Indonesia 5-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 %)

Technical Corner


JCI : MIXED MENGUAT

Last price : 5.494

Support : 5.431, 5.381

Resistance : 5.520, 5.545

JCI pada hari ini kami perkirakan akan bergerak MIXED MENGUAT dengan range 5.431 – 5.545. JCI berhasil

bertahan diatas Resistance 5.456, berpeluang mencoba Resistance 5.520 dan 5.545. Namun, bila JCI tidak

berhasil bertahan diatas Resistance 5.456, akan menguji Support 5.431 dan 5.381. Indikator MACD

mengindikasikan pola Uptrend dan Stoc osc mengindikasikan pola Overbought.

Jakarta Composite Index (JCI)

Summary of portfolio:Stock Recommendation Comment

ICBP HOLD ICBP bertahan pada Resistance 9.750, berpeluang mencoba Resistance 9.825dan 9.925. Namun, bila ICBP tidak berhasil bertahan diatas Resistance 9.750,

akan menguji Support 9.650 dan 9.550.

JSMR TAKE PROFIT JSMR sudah mencapai Target Price 4.330 (16/11), kami merekomendasikanTake Profit. Namun, bila JSMR bertahan diatas Resistance 4.330, berpeluang

mencoba Resistance 4.360 dan 4.430.

MNCN HOLD MNCN bertahan diatas Resistance 860, berpeluang melanjutkan penguatandengan mencoba Resistance 900 dan 915. Namun, bila MNCN tidak berhasil

bertahan diatas Resistance 860, akan menguji Support 845 dan 830.

RALS HOLD RALS bertahan pada Resistance 690, berpeluang melanjutkan penguatandengan mencoba Resistance 700 dan 710. Namun, bila RALS tidak berhasil

bertahan diatas Resistance 690, akan menguji Support 670 dan 655.

Indofood CBP Sukses Makmur Tbk (ICBP)

Jasa Marga (Persero) Tbk (JSMR)


ICBP : HOLD

Last price : 9.750Target price : 10.150 (5.2%)Stop loss : 9.500 (-2.6%)

ICBP bertahan pada Resistance 9.750, berpeluang mencoba Resistance 9.825 dan 9.925. Namun, bila ICBP tidakberhasil bertahan diatas Resistance 9.750, akan menguji Support 9.650 dan 9.550. ICBP dilihat dari Indikator MACDdan Stoc osc mengindikasikan pola Reversal.

JSMR : TAKE PROFIT

Last price : 4.330Target price : 4.330 (4.3%)

JSMR sudah mencapai Target Price 4.330 (16/11), kami merekomendasikan Take Profit. Namun, bila JSMR bertahandiatas Resistance 4.330, berpeluang mencoba Resistance 4.360 dan 4.430. JSMR dilihat dari Indikator MACD mengindi-kasikan pola Uptrend dan Stoc osc mengindikasikan pola Overbought.

Support : 9.650, 9.550Resistance : 9.825, 9.925

Support : 4.250, 4.200Resistance : 4.360, 4.430

MNCN : HOLD

Last price : 880Target price : 915 (8.9%)Stop loss : 815 (-3.0%)

MNCN bertahan diatas Resistance 860, berpeluang melanjutkan penguatan dengan mencoba Resistance 900 dan 915.Namun, bila MNCN tidak berhasil bertahan diatas Resistance 860, akan menguji Support 845 dan 830 . MNCN dilihatdari Indikator MACD mengindikasikan pola Uptrend dan Stoc osc mengindikasikan pola Reversal.

RALS : HOLD

Last price : 690Target price : 710 (9.2%)Stop loss : 615 (-5.4%)

RALS bertahan pada Resistance 690, berpeluang melanjutkan penguatan dengan mencoba Resistance 700 dan 710.Namun, bila RALS tidak berhasil bertahan diatas Resistance 690, akan menguji Support 670 dan 655. RALS dllihat dariIndikator MACD mengindikasikan pola Uptrend dan Stoc osc mengindikasikan pola Overbought.

Support : 860, 845Resistance : 900, 915

Support : 670, 655Resistance : 700, 710

Ramayana Lestari Sentosa Tbk (RALS)

Media Nusantara CitraTbk (MNCN)


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

DEPUTY HEAD OF RESEARCH

Richard Suherman

Commodities

Tel: +62 21 3925550 Ext: 610

[email protected]

DEPUTY HEAD OF RESEARCH

Richardson Raymond

Property, Industrial Estate

Tel: +62 21 3925550 Ext: 159

[email protected]

EQUITY ANALYST

Paulina

Consumer, Retail, Cement

Tel: +62 21 3925550 Ext: 610

[email protected]

RESEARCH ASSOCIATE

Andrianto Saputra

Tobacco, Plantation

Tel: +62 21 3925550 Ext: 159

[email protected]

RESEARCH ASSOCIATE

Kharel Devin Fielim

Media, Poultry, Construction

Tel: +62 21 3925550 Ext: 159

[email protected]

TECHNICAL ANALYST

Eddy Wijaya

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ritas or its affiliates may be involved in transactions contrary to any opinion herein or have positions in the securities recommended herein and may seek or

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20201117 Daily Research1.pdf (p.1-5)20201117 Technical Corner.pdf (p.6-8)Disclaimer.pdf (p.9)

Volume JCI Index - Sinarmas Sekuritas...2020/11/17 · Dalam Rancangan Peraturan Pemerintah (RPP)...

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