Indonesia Market Today - 3 November 2020

A. INDONESIA MORNING MARKET REVIEW

Tuesday (03/11/2020). Preparing to make profits in trading this Tuesday because * JCI is expected to have the opportunity to strengthen * in line with the sharp increase in DJIA by + 1.62% accompanied by the strengthening of EIDO by + 2.30% amid rising commodity prices including: Oil + 3.58%, Coal + 0.84%, Gold + 0.97% and Timah + 0.56% so that it has the potential to push up shares under these commodities.

B. INDONESIA CORPORATE NEWS

1. PT Erajaya Swasembada (ERAA)

Until the end of quarter 3/2020, * the company posted a profit for the period attributable to the parent entity of IDR295.11 billion in the third quarter of 2020 or grew 78.2% * compared to the same period in 2019 of IDR165.59 billion. Meanwhile, until the end of the 3rd quarter of 2019 the company posted sales of IDR 23.17 trillion, or a slight decrease of 1.8% compared to the same period in 2019 of IDR 23.61 trillion.

2. PT Metrodata Electronics (MTDL)

Until the end of quarter 3/2020, the company posted revenue of IDR 10, 04 trillion or a slight decrease of 1.82% yoy from IDR 10, 22 trillion as of September 2019. Meanwhile, until the end of quarter 3/2020 * the company posted a net profit of IDR 267.66 billion. or slightly up 3.43% yoy * from the position per September 2019 of IDR 258.78 billion.

3. PT Pyridam Farma (PYFA)

Until the end of quarter 3/2020, * the company posted a profit increase of 227.33% yoy * to IDR 16.12 billion. Meanwhile, until the 3rd quarter of 2020, the company posted an increase in the company`s net sales of around 5.72% yoy to IDR 195.28 billion.

4. PT Buyung Poetra Sembada (HOKI)

As of the third quarter of 2020, * the company posted comprehensive profit attributable to the owner of the parent entity, which fell sharply by 63.74% * to Rp28.25 billion, even though in the same period last year, the net profit reached Rp77.92 billion. The sharp decline in HOKI net profit was due to weakening HOKI sales in the third quarter of 2020 by -23.28%, to Rp936.57 billion from Rp1.22 trillion in the third quarter of 2020.

5. PT Bumi Serpong Damai (BSDE)

Until the end of quarter 3/2020, the company posted revenue of Rp4.28 trillion or a decrease of 18.18% yoy from Rp5.23 trillion as of September 2019. Meanwhile, until quarter 3/2020, * the company posted a net profit of Rp. or down 79.67% yoy * from the previous Rp2.31 trillion.

6. PT Lippo Karawaci (LPKR)

Until the end of quarter 3/2020, the company posted revenue of Rp. 8.58 trillion, a slight increase of 0.24% compared to the same period in 2019 of Rp. 8.56 trillion. Meanwhile, until the end of quarter 3/2020, * the company suffered a net loss of up to IDR 2.34 trillion or an increase of + 36.05% * from the loss in the same period in 2019 of IDR 1.72 trillion.

C. MARKET STATISTICS

*DJIA +423.4 +1.60% 26925*
*NASDAQ +46.02 +0.42% 10957*
*GOLD +18.2 +0.97% 1896.60*
*OIL +1.28 +3.58% 37.03*
*COAL (Nov/Newcastle) +0.50 +0.84% 59.75*
NICKEL Unch 15210
*TIN +100 +0.56% 17825*
CPO (Dec`) -45 -1.42% 3132
*EIDO +0.42 +2.30% 18.70*
*TLK 17.35 (2540) vs 2560 (TLKM)*
US 10yr -0.011 -1.28% 0.8490
INDO 10yr -0.0153 -0.22% 6.8546
*INDO CDS (5yr) -1.575 -1.584% 97.877*
IDR (Spot) 14,640

*IDX Range : 5,076 - 5,161*
*USD/IDR Range: 14,570 - 14,710*

D. STOCK WATCHLIST

BBRI, ERAA, BMRI, ANTM, INCO, MBAP, ICBP, AGII, TINS, ITMG

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