Search:
Friday, Aug-26 2016 07:54 WIB
  • AGRI 1,896.830 11.080 (0.588%)
  • BASIC-IND 507.350 3.600 (0.715%)
  • BISNIS-27 481.640 4.910 (1.030%)
  • COMPOSITE 5,454.120 50.130 (0.928%)
  • CONSUMER 2,519.190 50.880 (2.061%)
  • DBX 751.220 0.840 (0.112%)
  • FINANCE 806.540 4.050 (0.505%)
  • IDX30 507.850 6.790 (1.355%)
  • INFOBANK15 609.970 3.880 (0.640%)
  • INFRASTRUC 1,156.560 6.360 (0.553%)
  • Investor33 392.240 4.480 (1.155%)
  • ISSI 180.320 1.960 (1.099%)
  • JII 757.020 10.930 (1.465%)
  • KOMPAS100 1,176.990 14.630 (1.259%)
  • LQ45 941.310 12.290 (1.323%)
  • MANUFACTUR 1,429.590 25.700 (1.831%)
  • MBX 1,571.300 15.810 (1.016%)
  • MINING 1,161.240 -15.510 (-1.318%)
  • MISC-IND 1,395.570 27.880 (2.038%)
  • MNC36 308.700 3.270 (1.071%)
  • PEFINDO25 421.670 5.600 (1.346%)
  • PROPERTY 582.930 2.570 (0.443%)
  • SMinfra18 369.940 2.830 (0.771%)
  • SRI-KEHATI 326.440 3.590 (1.112%)
  • TOTAL_MARKET 5,454.120 50.130 (0.928%)
  • TRADE 873.130 5.370 (0.619%)
  • © 2010 IMQ - LKBN ANTARA
  • AALI 16,800 575 (3.54%)
  • ACES 975 -10 (-1.02%)
  • ACST 3,400 100 (3.03%)
  • ADES 1,360 -65 (-4.56%)
  • ADHI 2,790 20 (0.72%)
  • ADMF 6,050 125 (2.11%)
  • ADMG 191 -9 (-4.50%)
  • ADRO 1,100 40 (3.77%)
  • AGRO 366 6 (1.67%)
  • AGRS 104 3 (2.97%)
  • AHAP 190 6 (3.26%)
  • AISA 2,290 70 (3.15%)
  • AKKU 192 1 (0.52%)
  • AKRA 6,800 150 (2.26%)
  • ALDO 735 5 (0.68%)
  • ALKA 210 -6 (-2.78%)
  • ALMI 187 0 (0.00%)
  • ALTO 330 0 (0.00%)
  • AMAG 344 16 (4.88%)
  • AMIN 169 4 (2.42%)
  • AMRT 585 0 (0.00%)
  • ANTM 770 -5 (-0.65%)
  • APEX 3,280 20 (0.61%)
  • APIC 625 10 (1.63%)
  • APLI 80 2 (2.56%) © 2010 IMQ - LKBN ANTARA
  • APLN 318 4 (1.27%)
  • ARNA 570 5 (0.88%)
  • ARTI 177 0 (0.00%)
  • ARTO 153 -1 (-0.65%)
  • ASBI 370 20 (5.71%)
  • ASGR 2,060 0 (0.00%)
  • ASII 8,400 200 (2.44%)
  • ASJT 200 0 (0.00%)
  • ASMI 442 -8 (-1.78%)
  • ASMI-W 362 0 (0.00%)
  • ASRI 515 0 (0.00%)
  • ASRM 2,700 -50 (-1.82%)
  • ASSA 228 8 (3.64%)
  • ATIC 650 35 (5.69%)
  • AUTO 2,400 0 (0.00%)
  • BABP 78 1 (1.30%)
  • BABP-W 11 0 (0.00%)
  • BACA 192 1 (0.52%)
  • BAJA 200 -22 (-9.91%)
  • BALI 1,025 -5 (-0.49%)
  • BAPA 51 0 (0.00%)
  • BATA 865 -5 (-0.57%)
  • BBCA 15,250 -50 (-0.33%)
  • BBHI 90 -7 (-7.22%)
  • BBKP 725 -5 (-0.68%) © 2010 IMQ - LKBN ANTARA
  • BBNI 5,850 25 (0.43%)
  • BBRI 11,850 200 (1.72%)
  • BBRM 50 0 (0.00%)
  • BBTN 2,020 35 (1.76%)
  • BBYB 254 -6 (-2.31%)
  • BBYB-W 128 6 (4.92%)
  • BCAP 1,640 -10 (-0.61%)
  • BCIP 1,235 -125 (-9.19%)
  • BDMN 3,750 160 (4.46%)
  • BEKS 60 -6 (-9.09%)
  • BEST 346 -2 (-0.57%)
  • BGTG 95 0 (0.00%)
  • BHIT 159 0 (0.00%)
  • BIKA 620 25 (4.20%)
  • BIMA 370 0 (0.00%)
  • BINA 270 4 (1.50%)
  • BIPI 50 0 (0.00%)
  • BIPP 95 0 (0.00%)
  • BIPP-W 23 3 (15.00%)
  • BIRD 3,630 -160 (-4.22%)
  • BISI 1,770 0 (0.00%)
  • BJBR 1,630 80 (5.16%)
  • BJTM 620 5 (0.81%)
  • BKDP 74 -5 (-6.33%)
  • BKSL 104 1 (0.97%) © 2010 IMQ - LKBN ANTARA
  • BKSW 340 -10 (-2.86%)
  • BMAS 316 6 (1.94%)
  • BMRI 11,400 50 (0.44%)
  • BMTR 915 0 (0.00%)
  • BNBA 206 6 (3.00%)
  • BNBR 50 0 (0.00%)
  • BNBR-W 1 0 (0.00%)
  • BNGA 945 -5 (-0.53%)
  • BNII 400 6 (1.52%)
  • BNLI 695 -5 (-0.71%)
  • BOLT 710 -5 (-0.70%)
  • BRAM 5,300 0 (0.00%)
  • BRMS 50 0 (0.00%)
  • BRNA 960 5 (0.52%)
  • BRPT 1,005 50 (5.24%)
  • BSDE 2,220 -20 (-0.89%)
  • BSIM 780 -10 (-1.27%)
  • BSWD 1,860 -200 (-9.71%)
  • BTEK 1,170 -40 (-3.31%)
  • BTON 150 -15 (-9.09%)
  • BTPN 2,620 10 (0.38%)
  • BUDI 99 -1 (-1.00%)
  • BUKK 720 10 (1.41%)
  • BULL 111 1 (0.91%)
  • BUVA 585 0 (0.00%) © 2010 IMQ - LKBN ANTARA
  • BVIC 108 0 (0.00%)
  • BWPT 208 -4 (-1.89%)
  • BYAN 7,400 -800 (-9.76%)
  • CANI 326 -2 (-0.61%)
  • CASA 374 6 (1.63%)
  • CASA-W 240 -8 (-3.23%)
  • CASS 970 0 (0.00%)
  • CEKA 1,380 70 (5.34%)
  • CFIN 258 2 (0.78%)
  • CINT 328 0 (0.00%)
  • CKRA 70 -2 (-2.78%)
  • CLPI 1,015 -5 (-0.49%)
  • CMNP 1,720 15 (0.88%)
  • CMPP 141 -9 (-6.00%)
  • CNKO 52 -1 (-1.89%)
  • CNTX 800 -10 (-1.23%)
  • COWL 955 15 (1.60%)
  • COWL-W 2 1 (100.00%)
  • CPGT 50 0 (0.00%)
  • CPIN 3,850 20 (0.52%)
  • CPRO 58 0 (0.00%)
  • CSAP 404 -4 (-0.98%)
  • CTRA 1,615 -25 (-1.52%)
  • CTRP 625 -5 (-0.79%)
  • CTRS 2,700 10 (0.37%) © 2010 IMQ - LKBN ANTARA
  • CTTH 81 -4 (-4.71%)
  • DAJK 78 -1 (-1.27%)
  • DAYA 185 -1 (-0.54%)
  • DEFI 378 6 (1.61%)
  • DGIK 65 3 (4.84%)
  • DILD 590 5 (0.85%)
  • DKFT 366 -4 (-1.08%)
  • DMAS 258 -4 (-1.53%)
  • DNAR 156 -4 (-2.50%)
  • DNET 1,075 0 (0.00%)
  • DOID 256 -2 (-0.78%)
  • DPUM 1,140 -15 (-1.30%)
  • DSFI 185 -5 (-2.63%)
  • DSNG 520 5 (0.97%)
  • DYAN 67 1 (1.52%)
  • ECII 505 -15 (-2.88%)
  • EKAD 620 15 (2.48%)
  • ELSA 520 24 (4.84%)
  • EMDE 156 -2 (-1.27%)
  • EMTK 8,900 -100 (-1.11%)
  • EPMT 2,700 -50 (-1.82%)
  • ERAA 880 35 (4.14%)
  • ERTX 218 8 (3.81%)
  • ESSA 1,450 -50 (-3.33%)
  • ETWA 71 -2 (-2.74%) © 2010 IMQ - LKBN ANTARA
  • EXCL 3,080 -70 (-2.22%)
  • FAST 1,370 0 (0.00%)
  • FASW 2,470 10 (0.41%)
  • FISH 2,370 470 (24.74%)
  • FORU 500 0 (0.00%)
  • FPNI 157 2 (1.29%)
  • FREN 69 1 (1.47%)
  • GAMA 50 0 (0.00%)
  • GDST 90 -10 (-10.00%)
  • GGRM 66,825 525 (0.79%)
  • GIAA 464 2 (0.43%)
  • GJTL 1,510 -5 (-0.33%)
  • GOLL 130 2 (1.56%)
  • GOLL-W 18 0 (0.00%)
  • GPRA 202 -10 (-4.72%)
  • GREN 167 1 (0.60%)
  • GWSA 147 7 (5.00%)
  • GZCO 80 0 (0.00%)
  • HADE 69 2 (2.99%)
  • HDFA 226 -24 (-9.60%)
  • HERO 1,180 50 (4.42%)
  • HEXA 2,610 -20 (-0.76%)
  • HITS 730 0 (0.00%)
  • HMSP 4,100 120 (3.02%)
  • HOTL 168 -2 (-1.18%) © 2010 IMQ - LKBN ANTARA
  • HOTL-W 15 0 (0.00%)
  • HRUM 1,075 55 (5.39%)
  • IATA 55 0 (0.00%)
  • ICBP 9,625 325 (3.49%)
  • ICON 226 -2 (-0.88%)
  • IDPR 1,475 20 (1.37%)
  • IGAR 705 30 (4.44%)
  • IKAI 86 0 (0.00%)
  • IKBI 1,800 0 (0.00%)
  • IMAS 1,525 -15 (-0.97%)
  • IMJS 416 -14 (-3.26%)
  • IMPC 1,035 0 (0.00%)
  • INAF 1,860 -10 (-0.53%)
  • INAI 505 13 (2.64%)
  • INCI 314 0 (0.00%)
  • INCO 2,700 -110 (-3.91%)
  • INDF 7,950 50 (0.63%)
  • INDR 740 -5 (-0.67%)
  • INDS 1,080 -30 (-2.70%)
  • INDX 127 -1 (-0.78%)
  • INDY 715 40 (5.93%)
  • INKP 1,050 20 (1.94%)
  • INPC 115 5 (4.55%)
  • INPP 450 2 (0.45%)
  • INRU 370 -10 (-2.63%) © 2010 IMQ - LKBN ANTARA
  • INTA 234 -4 (-1.68%)
  • INTP 18,175 225 (1.25%)
  • IPOL 138 13 (10.40%)
  • ISAT 6,250 225 (3.73%)
  • ISSP 252 -6 (-2.33%)
  • ITMA 14,525 -75 (-0.51%)
  • ITMG 11,000 -75 (-0.68%)
  • JAWA 162 1 (0.62%)
  • JECC 3,010 10 (0.33%)
  • JGLE 147 -1 (-0.68%)
  • JIHD 550 0 (0.00%)
  • JKSW 63 1 (1.61%)
  • JPFA 1,660 30 (1.84%)
  • JPRS 143 -5 (-3.38%)
  • JRPT 815 -15 (-1.81%)
  • JSMR 5,100 50 (0.99%)
  • JTPE 230 0 (0.00%)
  • KAEF 2,200 130 (6.28%)
  • KARW 276 54 (24.32%)
  • KBLI 288 4 (1.41%)
  • KBLM 278 24 (9.45%)
  • KBRI-W 1 0 (0.00%)
  • KDSI 312 -10 (-3.11%)
  • KIAS 81 0 (0.00%)
  • KICI 129 -8 (-5.84%) © 2010 IMQ - LKBN ANTARA
  • KIJA 326 0 (0.00%)
  • KINO 5,600 -75 (-1.32%)
  • KKGI 970 10 (1.04%)
  • KLBF 1,800 45 (2.56%)
  • KOBX 119 -1 (-0.83%)
  • KONI 480 0 (0.00%)
  • KOPI 715 5 (0.70%)
  • KRAH 2,050 10 (0.49%)
  • KRAS 900 -5 (-0.55%)
  • KREN 500 0 (0.00%)
  • LAMI 392 -14 (-3.45%)
  • LAPD 50 0 (0.00%)
  • LCGP 109 -1 (-0.91%)
  • LEAD 139 -5 (-3.47%)
  • LINK 4,690 -10 (-0.21%)
  • LMAS 50 0 (0.00%)
  • LMPI 182 36 (24.66%)
  • LMSH 560 -55 (-8.94%)
  • LPCK 6,950 50 (0.72%)
  • LPIN 4,500 0 (0.00%)
  • LPKR 1,160 15 (1.31%)
  • LPLI 346 -8 (-2.26%)
  • LPPF 20,425 550 (2.77%)
  • LPPS 131 -2 (-1.50%)
  • LRNA 126 -6 (-4.55%) © 2010 IMQ - LKBN ANTARA
  • LRNA-W 21 -1 (-4.55%)
  • LSIP 1,620 45 (2.86%)
  • LTLS 454 -14 (-2.99%)
  • MAIN 1,875 -5 (-0.27%)
  • MAMI 50 0 (0.00%)
  • MAPI 4,590 170 (3.85%)
  • MARI 940 30 (3.30%)
  • MASA 182 2 (1.11%)
  • MBSS 352 -2 (-0.56%)
  • MBTO 180 -3 (-1.64%)
  • MCOR 195 -7 (-3.47%)
  • MDLN 412 4 (0.98%)
  • MDRN 178 -9 (-4.81%)
  • MEDC 1,650 -35 (-2.08%)
  • MERK 10,000 125 (1.27%)
  • META 136 -2 (-1.45%)
  • META-W 157 12 (8.28%)
  • MFIN 770 -5 (-0.65%)
  • MFMI 258 14 (5.74%)
  • MGNA 75 -8 (-9.64%)
  • MGNA-W 17 0 (0.00%)
  • MICE 488 6 (1.24%)
  • MIDI 750 0 (0.00%)
  • MIKA 2,700 60 (2.27%)
  • MIRA 50 0 (0.00%) © 2010 IMQ - LKBN ANTARA
  • MITI 85 3 (3.66%)
  • MKNT 358 2 (0.56%)
  • MKPI 24,000 500 (2.13%)
  • MLBI 11,100 -50 (-0.45%)
  • MLIA 565 -20 (-3.42%)
  • MLPL 440 0 (0.00%)
  • MMLP 675 0 (0.00%)
  • MNCN 1,970 -10 (-0.51%)
  • MPMX 660 0 (0.00%)
  • MPPA 2,050 30 (1.49%)
  • MRAT 236 6 (2.61%)
  • MREI 4,820 -20 (-0.41%)
  • MSKY 730 -55 (-7.01%)
  • MTDL 725 10 (1.40%)
  • MTLA 312 -18 (-5.45%)
  • MTRA 308 0 (0.00%)
  • MYOH 585 -10 (-1.68%)
  • MYOR 1,505 15 (1.01%)
  • MYRX 165 0 (0.00%)
  • MYRXP 78 -1 (-1.27%)
  • NAGA 184 -4 (-2.13%)
  • NIKL 785 -45 (-5.42%)
  • NIRO 100 0 (0.00%)
  • NISP 2,120 0 (0.00%)
  • NOBU 454 -8 (-1.73%) © 2010 IMQ - LKBN ANTARA
  • NRCA 510 -10 (-1.92%)
  • OASA 204 -2 (-0.97%)
  • OKAS 83 -1 (-1.19%)
  • PALM 492 -8 (-1.60%)
  • PANR 625 15 (2.46%)
  • PANS 4,000 90 (2.30%)
  • PBRX 424 -2 (-0.47%)
  • PGAS 3,330 130 (4.06%)
  • PGLI 60 -2 (-3.23%)
  • PICO 202 -22 (-9.82%)
  • PJAA 2,120 170 (8.72%)
  • PLAS 1,440 -150 (-9.43%)
  • PLIN 3,890 40 (1.04%)
  • PNBN 945 -5 (-0.53%)
  • PNBS 214 2 (0.94%)
  • PNBS-W 99 0 (0.00%)
  • PNIN 625 0 (0.00%)
  • PNLF 218 -2 (-0.91%)
  • POLY 71 0 (0.00%)
  • POWR 1,525 0 (0.00%)
  • PPRO 815 35 (4.49%)
  • PRAS 177 -14 (-7.33%)
  • PSAB 316 -16 (-4.82%)
  • PSDN 139 -12 (-7.95%)
  • PSKT 850 -20 (-2.30%) © 2010 IMQ - LKBN ANTARA
  • PTBA 9,775 -25 (-0.26%)
  • PTPP 4,630 130 (2.89%)
  • PTRO 620 -5 (-0.80%)
  • PTSN 64 0 (0.00%)
  • PWON 630 0 (0.00%)
  • PYFA 181 3 (1.69%)
  • R-LQ45X 961 3 (0.31%)
  • RAJA 206 0 (0.00%)
  • RALS 1,250 0 (0.00%)
  • RANC 600 -5 (-0.83%)
  • RBMS 99 2 (2.06%)
  • RDTX 5,900 0 (0.00%)
  • RICY 151 -6 (-3.82%)
  • RIGS 180 5 (2.86%)
  • RMBA 468 0 (0.00%)
  • ROTI 1,580 -10 (-0.63%)
  • RUIS 244 -8 (-3.17%)
  • SAFE 106 -7 (-6.19%)
  • SAME 2,720 60 (2.26%)
  • SCCO 5,950 75 (1.28%)
  • SCMA 3,140 -10 (-0.32%)
  • SDPC 101 1 (1.00%)
  • SGRO 1,995 5 (0.25%)
  • SHID 825 0 (0.00%)
  • SHIP 340 0 (0.00%) © 2010 IMQ - LKBN ANTARA
  • SIDO 590 20 (3.51%)
  • SILO 10,475 175 (1.70%)
  • SIMP 535 -5 (-0.93%)
  • SIPD 800 20 (2.56%)
  • SMAR 4,600 -200 (-4.17%)
  • SMCB 1,215 60 (5.19%)
  • SMDM 92 1 (1.10%)
  • SMDR 6,125 125 (2.08%)
  • SMGR 10,425 25 (0.24%)
  • SMMA 8,100 -50 (-0.61%)
  • SMMT 138 -6 (-4.17%)
  • SMRA 1,920 40 (2.13%)
  • SMRU 187 -5 (-2.60%)
  • SMSM 4,190 -30 (-0.71%)
  • SOCI 422 0 (0.00%)
  • SPMA 200 5 (2.56%)
  • SQBI 414,000 250 (0.06%)
  • SQMI 1,120 0 (0.00%)
  • SRIL 266 0 (0.00%)
  • SRTG 3,690 -10 (-0.27%)
  • SSIA 635 -5 (-0.78%)
  • SSMS 1,660 20 (1.22%)
  • SSTM 210 12 (6.06%)
  • STAR 56 0 (0.00%)
  • SULI 104 0 (0.00%) © 2010 IMQ - LKBN ANTARA
  • TARA 660 5 (0.76%)
  • TARA-W 525 -10 (-1.87%)
  • TAXI 197 -2 (-1.01%)
  • TBIG 5,825 25 (0.43%)
  • TBLA 755 0 (0.00%)
  • TBMS 840 5 (0.60%)
  • TCID 14,000 0 (0.00%)
  • TELE 630 -10 (-1.56%)
  • TELE-W 350 0 (0.00%)
  • TIFA 145 -1 (-0.68%)
  • TINS 840 -10 (-1.18%)
  • TIRA 238 0 (0.00%)
  • TIRT 134 -1 (-0.74%)
  • TKIM 770 -30 (-3.75%)
  • TKIM-W 128 -12 (-8.57%)
  • TLKM 4,220 0 (0.00%)
  • TMAS 1,720 115 (7.17%)
  • TMPI 390 2 (0.52%)
  • TMPI-W 2 1 (100.00%)
  • TMPO 141 -10 (-6.62%)
  • TOBA 655 -5 (-0.76%)
  • TOTL 870 -5 (-0.57%)
  • TOTO 5,300 -100 (-1.85%)
  • TOWR 3,840 10 (0.26%)
  • TPIA 9,550 125 (1.33%) © 2010 IMQ - LKBN ANTARA
  • TRAM 50 0 (0.00%)
  • TRIL 50 0 (0.00%)
  • TRIM 64 -1 (-1.54%)
  • TRIS 290 2 (0.69%)
  • TSPC 2,220 20 (0.91%)
  • TURI 1,420 20 (1.43%)
  • ULTJ 4,430 -260 (-5.54%)
  • UNSP 50 0 (0.00%)
  • UNTR 18,000 225 (1.27%)
  • UNVR 45,900 800 (1.77%)
  • VINS-W 15 0 (0.00%)
  • VIVA 280 -2 (-0.71%)
  • WAPO 56 -1 (-1.75%)
  • WEHA 145 1 (0.69%)
  • WICO 54 -1 (-1.82%)
  • WIIM 410 12 (3.02%)
  • WIKA 3,300 50 (1.54%)
  • WINS 248 -6 (-2.36%)
  • WOMF 165 1 (0.61%)
  • WSKT 2,790 10 (0.36%)
  • WTON 950 -5 (-0.52%)
  • XIIF 615 9 (1.49%)
  • XIIT 510 2 (0.39%)
  • XIJI 769 14 (1.85%)
  • XISC 732 2 (0.27%) © 2010 IMQ - LKBN ANTARA
  • XISI 378 -3 (-0.79%)
  • XPLQ 499 11 (2.25%)
  • ZBRA 67 -1 (-1.47%)
BBM Bersubsidi Naik, Pasar Modal Slow Down Sejenak
Published: 28 Mar 2012 14:50 WIB


IMQ, Jakarta —  Rencana pemerintah untuk menaikkan harga BBM eceran bersubsidi pada awal April 2012 akan direspon dengan “guncangan kecil” di pasar modal.

Para pelaku dan analis pasar modal menilai kebijakan kenaikan harga BBM tersebut dinilai rasional dan dapat dipahami pelaku bisnis. Secara umum, pergerakan IHSG juga sudah berdapatasi dengan kebijakan fiskal tersebut sehingga harga-harga ekuitas juga dianggap “priced in” dengan dampak inflasi yang akan ditimbulkan.

Besaran kenaikan harga BBM sebesar Rp1.500 atau sekitar 33,33% tersebut dinilai cukup wajar dan rasional serta sesuai dengan ekspektasi pasar. Dengan kenaikan sebesar itu, pasar menilai para emiten hanya tertekan kinerjanya karena inflasi dalam periode relatif singkat.

Kenaikan BBM sebesar Rp1.500 tersebut diprediksi mendorong inflasi sekitar 1,3-1,5% pada Maret, karena harga kebutuhan pokok sudah merangkak naik sekalipun faktanya kenaikan BBM masih diperdebatkan di DPR. Dorongan inflasi masih akan terjadi hingga April-Mei. Pemerintah sendiri menargetkan inflasi year-on-year hingga akhir tahun sebesar 5,4% plus minus 1%.

Akibat kenaikan inflasi akan mendorong otoritas moneter BI untuk mengubah BI rate di atas 5,75%. Jika ini terjadi tentu akan menekan kinerja emiten saham dan akan membuat pasar merespons negatif. Perbankan akan cenderung meningkatkan cost of debt kepada emiten sehingga akan menekan net profit-nya sehingga EPS turun.

Di sisi lain, emiten yang memiliki obligasi dengan floating rate juga akan terkena dampaknya. Jadi kestabilan pasar modal 2012 akan lebih ditentukan oleh kebijakan moneter BI.

Kenaikan inflasi tersebut dinilai tidak berdampak signifikan terhadap kinerja ekonomi nasional yang cukup solid terutama karena permintaan domestik dan ekspor komoditas RI relatif stabil dan cukup kuat.

Selain itu, prospek pertumbuhan infrastruktur pada 2012 juga akan menopang pertumbuhan ekonomi nasional. Jadi secara umum, guncangan kenaikan BBM tersebut dapat diredam oleh indikator-indikator makro yang kuat.

Namun jika kenaikan di atas Rp1.500, tampaknya ada resistensi yang kuat dari pasar karena akan menimbulkan tekanan fundamental emiten BEI. Beberapa sektor yang akan berpotensi tertekan untuk sementara saja, seperti sektor konsumer, automotif, properti dan jasa keuangan.

Hal yang lebih mencemaskan pelaku pasar justru jika kenaikan BBM tertunda atau bahkan dibatalkan sama sekali karena akan menimbulkan risiko fiskal yang lebih besar ketimbang BBM dinaikkan. Pasar menilai defisit fiskal yang akan terjadi lebih berisiko dan merugikan perekonomian nasional.

Sejalan dengan analisis tersebut, para investor asing pun cenderung mendukung kenaikan BBM dengan besaran tersebut dari pada mengambil risiko defisit fiskal di atas 3-4%.

Saat ini, ekonomi global sudah menunjukkan pemulihan di jalur positif terutama AS (The Fed) yang berhasil melakukan kebijakan moneter untuk penciptaan lapangan kerja mulai menunjukkan hasil. Meskipun UE masih terbelit masalah imbalances fiskal, namun beberapa upaya Bank Sentral Eropa dan IMF mulai menunjukkan hasil positif. Kondisi global ke depan diprediksi akan memberikan tenaga tambahan bagi IHSG hingga 4.600 di akhir tahun.
Author: Perdana Wahyu Sentosa
-
POPULAR NEWS