Steptrader

BEI — berencana melakukan perubahan pada 2 parameter utama dalam sistem perdagangan JATS (Jakarta Automated Trading System), yaitu *Minimum Price* dan *Auto Rejection*. * *Minimum Price*: batas harga minimum saham yang dapat diperdagangkan akan diturunkan secara signifikan dari sebelumnya Rp50,00 menjadi Rp1,00. Perubahan ini membuka ruang bagi saham dengan harga sangat rendah untuk tetap dapat ditransaksikan di pasar. * *Auto Rejection* : Sebelumnya, ARB berlaku flat 15% untuk semua saham, sementara ARA berkisar 20–35% tergantung rentang harga. Pada aturan baru, ditambahkan kategori khusus untuk saham berharga sangat rendah (Rp1–10), di mana batas ARB dan ARA ditetapkan flat Rp1 (bukan persentase). Untuk saham dengan harga di atas Rp10, skema persentase ARB dan ARA tetap dipertahankan dengan sedikit penyesuaian di beberapa rentang harga. Sebelum diterapkan secara resmi, perubahan parameter ini akan melalui rangkaian pengujian bersama Anggota Bursa. Disclaimer On

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*AGENDA 20 AGUSTUS 2026*

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*US NATIONAL DEBT REACHES RECORD $40 TRILLION AS BORROWING ACCELERATES AT HISTORIC PACE* The United States gross federal debt has surpassed $40 trillion, growing by $3 trillion over the past year at the fastest rate outside the pandemic era and raising urgent concerns among investors about fiscal sustainability despite President Donald Trump’s pledges to curb spending. Debt held by the public now exceeds $32 trillion, roughly equivalent to the size of the US economy, with interest payments surpassing national defense expenditures as bond yields reach multi-decade highs and investors demand greater compensation for holding American debt. Although the deficit narrowed slightly to 5.9% of GDP in 2025, analysts warn that tax cuts embedded in the One Big Beautiful Bill Act and proposed defense spending increases could push debt above 120% of GDP by 2036, creating a self-reinforcing cycle of rising borrowing costs that budget experts describe as a critical warning sign requiring bipartisan fiscal reform. Source: Financial Times, 19 August 2026

UTANG NASIONAL AS MENCAPAI REKOR $40 TRILIUN SEIRING DENGAN PERCEPATAN PEMINJAMAN PADA LAJU BERSEJARAH

*India replaces Indonesia as Asia’s least preferred stock market in BofA survey* _*Despite a strong start to 2026, the Indian stock market is faltering under pressure from global uncertainties and weak domestic growth. Fund managers indicate it is the least preferred market, with rising crude prices and geopolitical issues further dampening sentiment.*_ The Indian stock market, which had delivered positive returns for 10 consecutive years, is struggling to sustain momentum in 2026 amid an increasingly unfavourable market environment, marked by persistent selling from overseas investors, elevated crude oil prices, low exposure to AI, a record-low rupee and subdued domestic market drivers. https://www.livemint.com/market/indian-stock-market-replaces-indonesia-as-asia-s-least-preferred-market-in-bofa-survey/amp-11787132370080.html

India replaces Indonesia as Asia’s least preferred stock market in BofA survey

US printing money again..

Treasury announces upscaled buyback operation for longer-term debt, sending yields lower https://share.google/ZsyuCHzpScKC2omW2

• *DXY fell 0.83% to 98.83 on Wednesday, its lowest level since late May*, _after the US Treasury announced plans to at least double its long-dated Treasury buyback operations to USD4bn from USD2bn, running from 9 September through 4 November_ • *The operations will target the 10–20Y and 20–30Y sectors, where selling pressure has been particularly pronounced since late June* • _The Treasury said the larger buybacks are intended to improve liquidity in long-dated nominal securities, following strong participation from market counterparties_ • *The announcement supported the long end of the Treasury market, _pulling the 30-year UST yield down around 9bps to below 5.19%, from above 5.33% earlier in the week and stripping away Dollar’s recent yield support_*. Disclaimer On

🔹LSIP bertahan dan rebound dari area support yang sebelumnya menjadi resistance di level 1350/1375 (kotak merah) 🔸Tetap bertahan diatas support tersebut dan bergerak naik melewati last high 1485, LSIP mengkonfirmasi terbentuknya pola cup with handle dan berpeluang lanjutkan rally menuju arah di 1640 🔹Namun jika kembali turun dan gagal bertahan di 1350 ketika koreksi, maka LSIP berpeluang membatalkan terbentuknya pola cup with handle tersebut dan lanjutkan konsolidasinya. Disclaimer ON‼️ #BukanRekomendasi #NFA #AnalisaKembali #DYOR #NoPomPom‼️   Like ❤️ and Share 📣 this content jika kalian rasa bermanfaat Follow Me ✔️ for more content

*BI RATE TETAP*

*Indonesia Holds Rate as New Chief Forecasts Further Rupiah Gains*

Agenda 19 Agustus 2026

*FTSE Russell — Indonesia* 18 Aug 2026 - FTSE mempertahankan pendekatan cautious terhadap Indonesia. Reformasi transparansi pasar mulai diakui, namun full index changes masih ditunda setidaknya hingga December 2026. - Untuk September 2026, FTSE hanya melanjutkan adjustment yang bersifat mandatory, sementara new additions, kenaikan free float, dan positive WAF adjustment masih ditahan. - Saham dengan HSC warning dari regulator akan masuk proses deletion, efektif 21 September 2026. *Investment takeaway:* September relatif minim catalyst untuk passive inflows. December 2026 menjadi key catalyst, karena akan menentukan apakah reformasi Indonesia cukup efektif untuk mengembalikan normalisasi index treatment FTSE. Disclaimer On

🔹NCKL bertahan dan rebound dari area support yang sebelumnya menjadi resistance di level 900/905 🔸Tetap bertahan diatas 900 dan bergerak naik, NCKL berpotensi uji last high 965, yang jika dapat dilewati akan melanjutkan rally menuju arah di 1155 🔹Namun jika kembali turun dan gagal bertahan di 900 ketika koreksi, maka NCKL akan kembali berkonsolidasi cenderung bergerak melemah menuju arah 830 hingga 775 kembali. Disclaimer ON‼️ #BukanRekomendasi #NFA #AnalisaKembali #DYOR #NoPomPom‼️   Like ❤️ and Share 📣 this content jika kalian rasa bermanfaat Follow Me ✔️ for more content

*PINTU LEBAR INVESTASI GLOBAL*