JAKARTA. Indeks Harga Saham Gabungan (IHSG) rontok pada perdagangan awal pekan Senin (27/4). Data RTI menunjukkan indeks terkoreksi dalam 3,49% atau 189,909 poin ke level 5.25,446.

Tercatat 301 saham bergerak turun, 38 saham bergerak naik, dan 52 saham stagnan. Perdagangan hari ini melibatkan 8,9 miliar lot saham dengan nilai transaksi mencapai Rp 9,76 triliun.

Seluruh indeks sektoral memerah menyeret pelemahan indeks hari ini. Indeks sektor agrikultur memimpin pelemahan, turun 6,11%. Selanjutnya, diikuti secara berturut-turut sektor finance (4,91%), aneka industri (4,77%), dan manufaktur (3,26%).

Saham-saham yang masuk dalam jajaran top loser LQ45 antara lain; PT Sawit Sumbermas Sarana Tbk (SSMS) turun 9,81% ke Rp 1.930, PT Astra Agro Lestari Tbk (AALI) turun 8,98% ke Rp 20.o025, dan PT Adhi Karya (persero) (ADHI) turun 7,56% ke Rp 2.2750.

Sementara itu, hanya saham PT Siloam International Hospitals (SILO) yang menorehkan hasil positif pada perdagangan hari ini. Saham emiten rumah sakit itu naik 2,67% ke Rp 14.400.

Longsornya IHSG ini tidak lepas dari aksi jual asing (foreign sell) yang mencapai sebesar Rp 3,3 triliun. Dengan itu, net sell asing mencapai Rp 1,7 triliun.

http://investasi.kontan.co.id/news/a...tersungkur-349

Indonesia Falls As Earnings Disappoint, Investors Sit On The Sidelines
Indonesian stocks dropped for a fifth day. The Jakarta Index fell 1% at midday break, extending yesterday’s 3.5% decline.

Weak earnings are to blame. In the last month, analysts lowered their earnings estimates by 0.8% and 1% for this year and next. Meanwhile, Indonesia remains expensive, trading at 15.4 times forward earnings, a 40% premium to its 15-year long-term average. Analysts now expect corporates in Indonesia to grow by 8% this year and only 7.8% next, and do not see recovery till two years from now. By comparison, India, which is also not cheap for trading at 17.2 times, is expected a full earnings recovery as soon as next year.

Foreign investors net sold $173 million Indonesian equities on Monday, the most since December 24, according to Bloomberg. As of last Friday, global funds net sold 11 of the 13 trading days. Indonesia is now in the red for the year.

HSBC last week met with investors in the US and the impression the bank got was that it was “still too early” to rotate into Indonesia. Sure, Indonesia has the lowest household debt and the strongest banks in the ASEAN region, and in the long-term could be a “gradual household re-leveraging story,” but in the near-term, “currency volatility remains a risk to investing in the market,” noted HSBC analyst Herald van der Linde and team.

This year, the rupiah has fallen 4.8% against the dollar, the iShares MSCI Indonesia ETF (EIDO) has retreated 3.8%. For comparison purposes, the iShares MSCI Emerging Markets ETF (EEM) gained 12% and the iShares MSCI All Asia ex-Japan ETF (AAXJ) rose 14.7%.

Quelle Fonte Source: