Potensi perbankan syariah digital di Indonesia sangat besar, didukung oleh kesadaran masyarakat, perkembangan teknologi, dan kebijakan pemerintah.
Potensi perbankan syariah digital di Indonesia tentunya didukung oleh peningkatan kesadaran masyarakat, perkembangan teknologi dan kebijakan pemerintah yang memberikan dukungan kuat bagi pengembangan perbankan syariah, baik melalui regulasi maupun insentif.
Potensi perbankan syariah digital di Indonesia tentunya didukung oleh peningkatan kesadaran masyarakat, perkembangan teknologi dan kebijakan pemerintah yang memberikan dukungan kuat bagi pengembangan perbankan syariah, baik melalui regulasi maupun insentif.
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TVTranscript
00:00In the first segment, Pemirsa has already conveyed a number of sentiments, but we summarized again in the Spotlight market the following idea, where the price index of joint stocks or IHSG
00:14again weakened in trading at the beginning of last week at 6,627. In an intraday, Pemirsa IHSG even touched the position of 6,500 or psychological level.
00:24Brand stocks are still the bearer of Pemirsa, with a weakness of 5.34%. And not only brand stocks, but various other blue chips such as Telkom.
00:34Then there is the Chuan stock, which again touched the auto-reject or unblocked position of 19.87%.
00:42And there is Laba, Pemirsa from Indosat, which reached 4.91 trillion rupiah, but the price actually decreased 13.51% to 1,920.
00:58These are the three Spotlight markets or the highlights of the market this morning, Pemirsa.
01:06From the Spotlight market, we move to Pemirsa to see the economic agenda. There is the Central Bank of the United States, then there is the level of employment of French Pemirsa,
01:17knowledge of retail sales from the UK, and a number of other information, including the consumer trust index from Indonesia.
01:26And we go to the EMITEN agenda. There is a meeting of shareholders from OEM, we mean OBMD, then EXCEL,
01:37Rupso Emisi Sukuk, Ijara Berkelanjutan, then Rencana Rup, Obligasi Berkelanjutan, AMOR, DPS, Dividend Tune Interim, and Mora Pembayaran Ijara FII.
01:46And we update from Asia, Pemirsa. This morning, the main indexes in the regional areas of Asia,
01:52including the Global Stock Exchange, the US and Europe, which we see are strengthening Pemirsa in the closing of yesterday.
02:01There is Nikkei Japan, Pemirsa, then Stratum Singapore, KOSPI Korea, South Korea, Hang Seng, Hong Kong,
02:08which are the majority of strengthening, except for Stratum, which is still down 0.19%. Nikkei Japan is also strengthening, but slightly 0.04%.
02:17As far as possible, this can be a booster for the joint price index, reversing the direction of Pemirsa Pasca,
02:23which is under pressure for two consecutive days.
02:28And Pemirsa, this morning we will discuss through video conference with Mas Andika Ciptalapora, PT Kanagihita Solvera analyst.
02:51Mas Andika, good morning.
02:53Hello, good morning, Marisa.
02:55Good morning, thank you for your time this morning, Mas Andika.
02:58If we look at the joint price index, the most intense is the last two consecutive days, on Friday and then on Monday.
03:05But if we look at it further, actually since February 3rd, it started to be intense, February 4th was green,
03:13but the rest, 5th, 6th, 7th, until the 10th of yesterday, the joint price index was moving in the negative territory,
03:19and the weakness in the segment was 6%, and the net foreign sale in the regular market was 4.62 trillion rupiah.
03:28It is said that there is a link with the budget cuts from the government,
03:32where the APBN is estimated to have a budget cut of 306.69 trillion rupiah.
03:38You are a capital market observer, how do you feel?
03:42Okay, indeed, if we look at the IHSG, the worst has been since Thursday.
03:48It started with the BKEPS bank, on Thursday, the IHSG fell by 2.12%.
03:54And indeed, if we look at it, for the last week, the budget cuts are more or less a highlight in the media.
04:03Yes, if I look at it, it is indeed influential.
04:05Because indeed, if like the ministry, a lot of budget cuts,
04:10later, like the ministry's spending will decrease and of course it will affect the real sector.
04:16For example, if the ministry's spending on ATK is reduced,
04:21later, for related companies, it will decrease.
04:25For example, there are also close contacts in hotels, like that,
04:29later also for the property and transportation sector, of course, there will be a decrease in revenue.
04:37Well, this could be a decrease in purchasing power for the community in the future.
04:43Because the real sector will decrease in income because there is a budget cut in the ministry.
04:50Like that, the impact is more or less.
04:52It could also be, for example, the construction sector is cut off,
04:56then the construction projects will be stopped or delayed,
05:02later the construction workers can be housed for a while.
05:06So that later the employees will not have income and purchasing power will be reduced.
05:14And of course it will affect our economy because of the decrease in the purchasing power of the community.
05:21So, in the end, this is a factor because of the decrease in the purchasing power of the community
05:25which will affect a number of emittances related to the sectors.
05:28On the one hand, the government wants to maintain fiscal stability and support public services,
05:33which is more optimal, but on the other hand, for now, it is considered negative by the market
05:39because it may adjust the target of loans from a number of companies at the end of the year.
05:46Yes, that's right.
05:47In fact, the policy at the beginning of the year will be seen in Q3, Q4, and Q4.
05:58Even starting from the third quarter.
06:0017 ministries and institutions do not experience a budget cut.
06:04Some of them may not be too related to the sectors in the capital market.
06:09There is Polri, then the Ministry of Defense, the State Intelligence Agency,
06:13then state-level institutions such as the DPRK, the Supreme Court, the Ministry of Finance,
06:17are out of the budget cut plan, as well as the presidential institutions.
06:22How do you, as a market actor, see some ministries and institutions that do not experience a budget cut?
06:30Yes, these institutions do not seem to be cut because it is very important,
06:36such as the Ministry of Defense to maintain the stability of the country from foreign attacks
06:42as well as Polri, which is indeed to maintain stability in the country.
06:46So, in my opinion, it is also important for the budget of Polri, the Ministry of Defense,
06:55and other ministries to maintain the stability of the country.
07:00Because indeed, the stability of the country is one of the first pillars that protects the order in society.
07:10Because if the order in society happens,
07:14the stability of the economy will also be smooth
07:19if, for example, the general order in the country runs smoothly.
07:24Well, on the one hand, it is indeed needed,
07:28such as the Ministry of Defense that you mentioned, and so on.
07:31But how do you, as a market actor, see the government's ability to manage the budget?
07:36How important is this as one of the fundamental indicators of a strong Indonesian economy?
07:43Okay, if I look at it, the focus of the government at the beginning of this new presidential leadership
07:49is focused on free food programs.
07:52And it seems that this sucks up quite a lot of budget.
07:56So there is also a lot of investment, such as the IKEA project that is no longer running
08:03and the ministries that are cut off.
08:06Well, in my opinion, the government focuses on this
08:10which makes these budgets attractive.
08:18So for now, it seems that the government will be more careful
08:26to make new policies that have the potential to reduce the purchasing power of the people
08:32so that foreign investors leave Indonesia.
08:37Okay, foreign investors leave Indonesia
08:40and in a week alone, the value is already 4.6 trillion rupiah in the regular market.
08:45If we take it further, in a month alone, the value is 6.76 trillion rupiah.
08:49In three months, the value is 32.4 trillion rupiah.
08:53Year-to-date, the value is 8.82 trillion rupiah.
08:56Do you see the phenomenon of net foreign sale?
09:03Is it possible that it will continue or vice versa?
09:06And what needs to be anticipated?
09:09Okay, if I look at it, foreign investors leave Indonesia
09:23because of our exchange rate, which is already 16.4 trillion rupiah.
09:28Like that, there are 16.4 trillion rupiah.
09:31This makes investment in Indonesia less attractive to foreigners
09:37so that investors can run abroad.
09:40Then there is also a trade war that makes the global economy uncertain
09:46and also makes foreign investors leave Indonesia.
09:50Then I also see the deficit flow rate, which is a bit conservative.
09:58The decline this year, once or twice, also made the market players YNC
10:03and left the Indonesian market first
10:06because it is more attractive to invest in America.
10:09Okay, so do you see what this tendency will still be like?
10:13Is there a chance for ARAKA to return?
10:16Or will the net foreign sale still continue?
10:20Remembering that globally there are also many sentiments that are, in quotation marks, uncertain.
10:25For example, when the new president of the United States issued a statement
10:29more towards negotiations, such as tariffs and so on.
10:33What are the best steps to be taken by investors, especially retail,
10:37in the current condition of the index, which tends to decline?
10:42Okay, if I look at it, it's true for the market players themselves,
10:46it's better for us to prepare the cash.
10:52Prepare the cash, later we will be more inclined to buy stocks
11:00when it has given a reversal signal.
11:04For now, in my opinion, there will still be a potential decline for IHSG.
11:10At most if the rebounds are only technical rebounds in the short term.
11:14So indeed, for this month, the index will still be pressured.
11:21It will still be pressured.
11:23Foreigners still have a chance for net sales.
11:25Foreigners still have a chance for net sales.
11:27The index will still be pressured. Foreigners still have a chance for net sales.
11:30Many have estimated that there is a chance for IHSG to reach 6,500.
11:33That has been touched on yesterday,
11:35even though it experienced a strengthening, still in the negative territory,
11:40but there is a loss limitation there.
11:43You yourself, if from Hitasolver and Andika,
11:47what level is the target for the Saham Gabungan index
11:50if there is still a chance to continue the weakness?
11:54If we look at it technically,
11:57indeed for IHSG itself, there is still a chance to test the support.
12:03Wait a minute, let me see first.
12:08For this strong support, IHSG is around 6,511.
12:17It looks like IHSG will test the support later.
12:22For the short term, IHSG seems to still have the potential to rebound
12:26in the short term to 6,750 to 6,800, in my opinion.
12:29Oh, 6,511, the lowest level even more than the last year.
12:33The lowest level that year was only at 6,585,
12:36but you said there was a chance for the strongest at 6,511.
12:40That support is from 2022.
12:44There is a chance to go there again for the Saham Gabungan index.
12:47Okay, there is always a chance in the middle of weakness,
12:51even though you said it's better to cash first.
12:54For those who want to take advantage of the opportunity
12:56and see some shares that have been said to be quite cheap,
12:59for example, from the shares of Raju Kepangestu
13:01or other blue chips that have weakened quite deeply,
13:04is there a chance for that, Mr. Andika?
13:09If I look at it, if the market players want to buy cheap shares,
13:16it's more likely to go to the banks,
13:18because the dividend yield is already attractive.
13:20If the intention is for long-term investment,
13:23starting from on-weakness,
13:24some of the banks will be cashed,
13:26such as Mandiri, BCA, BRI, like that.
13:29Even if it's for the long term,
13:31and because of that, we can get dividends.
13:34For trading shares,
13:37the market players can see the CPO emittance,
13:42because the price of the CPO continues to rise,
13:44and for gold-emittance shares,
13:46because the price of gold-emittance shares continues to rise, like that.
13:50For those who want to see the fundamentals
13:52and take advantage of the dividend gain opportunity,
13:56it's more interesting to invest in banking,
13:59to accumulate banking right now.
14:01But if you want to trade,
14:02it's more to the commodities,
14:03especially those related to the CPO and gold.
14:05Later, we will go further
14:06about the recommendation of the shares of your choice, Mr. Andika.
14:09But, Mr. Mirsa, we have to go first.
14:11Stay with us at MarketBas.