JAKARTA - This week it will only take four trading days (14-17 April 2025). Equity Analyst of PT Indo Premier Sekuritas (IPOT) David Kurniawan will have two sentiments that will affect the market, namely the Indonesian trade balance and dividend yield from the banking sector.
David explained, in a short week due to the holiday of the Commemoration of the Death of Jesus Christ (Friday Agung) on April 18, 2025, the Central Statistics Agency (BPS) is scheduled to release Indonesia's trade balance data for March 2025.
"This data reflects the difference between exports and imports so that it is often used as an initial indicator of economic conditions and the performance of the real sector," said David in his research.
David added that a trade balance surplus that is bigger than expectations could be a positive sentiment for the stock market, especially the commodity sector, such as CPO, coal, and metal.
"Meanwhile, smaller deficits or surpluses can reduce the Rupiah exchange rate and trigger investor concerns that have the potential to cause selling action, especially from foreign investors," he added.
Meanwhile, related to high dividend yield from the banking sector, it provides its own attraction in the midst of a volatile market. However, the potential for selling after cum date and global pressure can trigger less stable price movements.
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Medium-term strategy and fundamental analysis remain crucial. Examples such as BBNI will cum date April 14 and ex date April 15 with an estimated dividend yield of 8-9 percent, "said David.
The stocks that David recommended for today are BBNI, HRTA, and INKP.
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