scholarly journals THE EFFECT OF CORONA PANDEMIC, MINE COMMODITY PRICES AND RUPIAH EXCHANGE RATE ON INDONESIAN SHARIA SHARE PRICES IN THE MINING SECTOR 2020

2021 ◽  
Vol 7 (2) ◽  
pp. 350
Author(s):  
Muhammad Al Faridho Awwal ◽  
Mukhamad Yazid Afandi
Keyword(s):  
Exchange Rate ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Commodity Prices ◽  
Mining Sector ◽  
Cross Sectional ◽  
Coal Price ◽  
Share Prices ◽  
The World

This study aims to analyze the effect of the corona pandemic, mining commodity prices and the rupiah exchange rate on Indonesian Islamic Share Prices/Indeks Saham Syariah Indonesia (ISSI) in the mining sector in 2020. The corona pandemic is represented by daily active cases that occur in Indonesia, the mining commodities used are coal, oil and gold prices world, and the exchange rate of the rupiah against the dollar. The data used is a cross-sectional type with a sample of 32 companies with an observation duration of 195 days during the 2020 period. The results show that simultaneously the independent variables significantly affect the dependent variable and partially the world coal price, world oil price, gold price. The world and the rupiah exchange rate with the exception of corona have a significant effect on mining stock prices at Indonesian Islamic share prices in 2020. This research proves that the Market anomaly theory is proven to occur in 2020 as a result of the corona pandemic, anomaly in commodity prices and exchange rates on the Indonesia Stock Exchange, especially in the Indonesian Islamic share prices mining sector which proves that the market cannot be accurately predicted if it occurs a sentiment strong enough globally to move investors both in terms of selling or buying shares that previously could not be reflected by the company's stock price.

scholarly journals DAMPAK NILAI TUKAR RUPIAH TERHADAP HARGA SAHAM YANG DIMODERASI OLEH PERTAMBAHAN KASUS COVID 19 DI INDONESIA

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Hayu Wikan Kinasih ◽  
Rizza Hardiyanti Rukmana
Keyword(s):  
Regression Analysis ◽  
Exchange Rate ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Sampling Period ◽  
Analysis Method ◽  
The World ◽  
The Status ◽  
The Relationship

The existence of Covid-19 which began to spread throughout the region in the world resulted in economic paralysis in various countries. This study aims to examine the effect of the rupiah exchange rate on stock prices, which is moderated by the number of positive cases of Covid-19 in Indonesia. This study took a sample of the hotel, restaurant and tourism sub-sector companies listed on the Indonesia Stock Exchange because the companies of this sector is heavily affected by the covid-19 pandemic. This research was conducted over a period of 4 months, from March 2020 to June 2020. The sampling period was based on determining the status of the Covid-19 pandemic in Indonesia in March 2020 which resulted in many companies in this sub-sector experiencing shocks. This study uses a moderated regression analysis method. The results prove that Rupiah Exchange Rate affects the Stock Price of the Hotel, Restaurant and Tourism sub-sector. In addition, the increase in Covid-19 cases also moderated the relationship between the rupiah exchange rate and the stock price.

scholarly journals Pengaruh NPM, ROA, ROE terhadap Harga Saham pada Perusahaan LQ45

2020 ◽  
Vol 30 (5) ◽  
pp. 1258
Author(s):  
Kannia Aulia Sahari ◽  
I Wayan Suartana
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Fundamental Analysis ◽  
Share Prices ◽  
Research Population ◽  
Profitability Ratios

The purpose of this study is to determine the movement of stock prices, namely fundamental analysis where profitability ratios are often used in fundamental analysis, namely NPM, ROA and ROE This research was conducted on companies incorporated in the 2014-2018 LQ45 index on the Indonesia Stock Exchange. The research population is 68 companies. Samples were selected using a purposive sampling technique so that the number of samples obtained was 26 companies and the number of observations over 5 years was 130 observations. Data analysis techniques using multiple linear regression analysis. Based on the results of this analysis show that NPM and ROA have no effect on stock prices so that they are unable to increase share prices in companies incorporated in the LQ45 index, while ROE affects stock prices so the higher the ROE level the higher the stock prices at companies incorporated in the LQ45 index. Keywords: NPM; ROA; ROE; Stock Price.

scholarly journals Stock price reaction to cash dividend announcements in Vietnam

2017 ◽  
Vol 24 (02) ◽  
pp. 74-89
Author(s):  
Truong Nguyen Xuan ◽  
Huong Dao Mai ◽  
Anh Nguyen Thi Van
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Abnormal Returns ◽  
Cash Dividend ◽  
Share Prices ◽  
Price Reaction ◽  
Cumulative Abnormal Returns ◽  
Stock Price Reaction ◽  
The Uk

This study attempts to investigate the stock price reaction to divi-dend announcements using data of Vietnamese listed firms on Hochiminh Stock Exchange (HOSE). Standard event study meth-odology has been employed on a sample of 198 cash dividend an-nouncements made in 2011. The results show that stock prices react significantly and positively to the announcements of cash dividends, including both dividend increasing and dividend decreasing events. It is also plausible that cumulative abnormal returns exhibit an in-creasing trend before announcement yet a decreasing trend after announcement dates. More specifically, we find positively signifi-cant cumulative abnormal returns of around 1.03% on announce-ment dates; other larger windows also demonstrate positive abnor-mal returns of around 1.3%. In addition, cash dividends have differ-ent effects on share prices of firms from different industries. These results support the signaling hypothesis and are also consistent with prior findings of empirical research done on more developed mar-kets, i.e. the US and the UK.

scholarly journals Pengaruh Kurs, Suku Bunga, dan Dividen Pershare Terhadap Harga Saham Pada Sektor Perbankan yang Terdaftar di Bursa Efek Indonesia Tahun 2013– 2017

2018 ◽  
Vol 10 (1) ◽  
pp. 21-33
Author(s):  
Atika Riziqyani ◽  
Gunistiyo ◽  
Niken Wahyu C
Keyword(s):  
Regression Analysis ◽  
Exchange Rate ◽  
Interest Rate ◽  
Linear Regression ◽  
Stock Prices ◽  
Stock Price ◽  
Banking Sector ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Share Price

The effect of exchange rate, interest rate and dividend of share price on banking sector which is listed in Indonesia Stock Exchange year 2013-2017. Essay. Tegal: Faculty of Economics and Business Universitas Pancasakti Tegal,2018. The purpose of this study is to determine the ability of investors in considering stock prices in the banking sector in 2013-2017. Hypothesis in this research is 1) exchange rate effect on stock price. 2) interest rates affect the stock price. 3) dividend pershare effect on stock price. 4) exchange rate, interest rate and dividend pershare simultaneously affect the stock price. The population used in this study is a banking company that publishes stock prices listed on the Indonesia Stock Exchange in 2013-2017. The sample in this research are 21 banking companies. With technique of sampling using purposive sampling. The data in this research is quantitative data. Sources of data in this study are secondary sources obtained from the share price of an annual banking company published in Indonesia Stock Exchange period 2013-2017. Data collection techniques using documentation techniques. Data analysis method using descriptive statistic, classical assumption test, simple linear regression analysis, multiple linear regression analysis and coefficient of determination, then obtained the result of research that the exchange rate does not have a significant effect on stock prices, the interest rate does not significantly influence the stock price, against stock price, exchange rate, interest rate and dividend pershare have significant effect to stock price.

scholarly journals Business diversification of coal mining companies as a strategy facing coal price volatility

2021 ◽  
Vol 3 (4) ◽  
pp. 38-50
Author(s):  
Gusnawan Adi Putra ◽  
Sri Mulyantini ◽  
Dianwicaksih Arieftiara
Keyword(s):  
Coal Mining ◽  
Stock Prices ◽  
Negative Impact ◽  
Positive Impact ◽  
Stock Exchange ◽  
Commodity Prices ◽  
Price Volatility ◽  
Company Performance ◽  
Coal Price ◽  
Significant Difference

This study aims to determine the effect of business diversification on stock prices by mediating company performance, represented by the variable ROE and EPS in a fluctuating coal price situation. The data used are 16 companies engaged in coal mining in Indonesia and listed on the Indonesia Stock Exchange (IDX) from 2012 to 2019. Using two analysis methods: path analysis to examine direct and indirect relationships between variables and different tests to see differences in the performance of companies that diversify and do not diversify. The results showed that coal commodity prices had a significant positive effect on stock prices and indirectly, through ROE and EPS, had a significant positive impact on stock prices. Business diversification directly has a significant negative impact on stock prices and indirectly through EPS positively affects stock prices. Business diversification provides a substantial difference to EPS and does not provide a significant difference to ROE.

scholarly journals PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM (STUDI PADA PERUSAHAAN SEKTOR PERTAMBANGAN MINYAK YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2014-2018)

2021 ◽  
Vol 4 (2) ◽  
pp. 187-197
Author(s):  
Sulis Tiono ◽  
Bambang Sugeng Dwiyanto
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Secondary Data ◽  
Financial Statements ◽  
Financial Ratios ◽  
Coefficient Of Determination ◽  
Mining Sector ◽  
Return On Equity ◽  
Book Value

Stock price fluctuations are natural and almost occur in all companies in various sectors, including companies in the oil mining sector so that price changes affect the company's financial performance and stock prices which can be analyzed fundamentally using financial ratios to aspects in the financial statements. The framework of this research is to analyze the effect of financial ratios on stock prices. The population and sample used are oil mining sector companies listed on the Indonesia Stock Exchange 2014-2018. The sampling method used is purposive sampling or judgmental sampling. Sources of data used are secondary data in the form of financial statements. The tool used for data collection is through the method of observation and analysis of the company's financial statements. The results showed, based on the t test value, stock prices were positively influenced by Return on Equity (ROE), Book Value (BV) and Price to Book Value (PBV), while negatively influenced by Debt To Equity Ratio (DER) and Net Profit. Margins (NPM). Based on the F test value, stock prices are positively influenced by ROE, DER, NPM, Earnings Per Share (EPS), BV, and PBV. Based on the coefficient of determination test (R2), stock prices are strongly influenced by ROE, DER, NPM, BV, and PBV by 91.5% and influenced by other variables by 8.5%.

scholarly journals Trends of industry-leading biotechnology stocks during COVID-19

2021 ◽  
Vol 10 (3) ◽  
Author(s):  
Navia Zhang ◽  
Meredith Haskins
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Blood Clotting ◽  
New Technologies ◽  
Share Prices ◽  
The World ◽  
Biotechnology Companies ◽  
Pandemic Vaccine ◽  
Biotechnology Sector ◽  
Roll Out

The 2019-nCoV coronavirus has significantly impacted the macroeconomic outlook for countries across the world. The biotechnology sector experienced a relatively positive stock price outlook, which corroborates the trends exhibited by biotechnology stocks in previous pandemics such as SARS (2003) and AH1N1 (2009). During the COVID-19 pandemic, vaccine roll-out rates have been more efficient than in any other pandemic, as companies today are more experienced in combating the time constraint to create vaccines. Gilead Sciences Inc. saw its shares rise 18% after developing the first FDA-approved COVID-19 vaccine, 'remdesivir'. In contrast, AstraZeneca's shares fell 2.28% in 2021 after its vaccine underwent investigations into blood-clotting side effects and subsequent suspension from several countries. Companies developing mRNA vaccines like Moderna, BioNTech, and Pfizer witnessed surges in share prices ranging from 10% to 20%. Many newer biotech companies such as Genexie, Sanovi, OnoSec, and Vaxart have also developed vaccines for COVID-19. Share prices are more volatile for these less established companies. This paper observes how developing new technologies, staging clinical trials, obtaining FDA approvals, gaining publicity, and several other complex factors have profound impacts on the stock prices of these biotechnology companies.

scholarly journals Macroeconomic Approach of the Determinants of Stock Price Movements in Jordan

2016 ◽  
Vol 8 (2) ◽  
pp. 60 ◽  
Author(s):  
Imad Zeyad Ramadan
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Least Square ◽  
Cross Sectional ◽  
Industrial Firms ◽  
Macroeconomic Factors ◽  
Industrial Companies ◽  
Inflation Rates ◽  
Negative Effect

<p>This study aimed to test the effect of macroeconomic factors on the movements of stock prices of Jordanian industrial companies listed in Amman Stock Exchange (ASE) in order to provide empirical evidence about the determinants of the movements of stock prices. To achieve this objective, all the 77 Jordanian industrial firms listed at ASE for fifteen years from 2000 to 2014 have been selected, resulting in 1054 firm-year observations. The unbalanced pooled cross-sectional time series multiple least square regression method has been used to present data analysis. while the experiential results showed significant negative effect of two of the macroeconomic factors, namely, interest and inflation rates, on the movements of the Jordanian industrial companies stock prices, results found that the effect of money supply and GDP on the movements of stock prices were significantly positive. These results are consistent with (Mukherjee and Naka, 1995, Zhao, 1999 &amp; Udegbunam and Eriki, 2001, Al-Qenae, Li &amp; Wearing, 2002, Dimitrios Tsoukalas, 2003 , Ibrahim 2003; Chaudhuri and Smiles, 2004)</p>

scholarly journals Effect of Composite Stock Price Index, Exchange Rate and Interest Rate Share Price of Mining Companies Listed in Indonesia Stock Exchange

2017 ◽  
Author(s):  
Imaduddin Murdifin ◽  
Suriyanti Andi Mangkona
Keyword(s):  
Exchange Rate ◽  
Interest Rates ◽  
Stock Prices ◽  
Stock Price ◽  
Price Index ◽  
Stock Exchange ◽  
Secondary Data ◽  
Share Price ◽  
Mining Companies ◽  
Stock Price Index

This study aimed to examine the effect of Composite Stock Price Index (Composite Stock Price Index (CSPI)), the exchange rate, and interest rates on stock prices of mining companies listed in Indonesia stock Exchange. This research is associative with quantitative approach. Data were analyzed using panel data regression. The data used is secondary data such as financial data, and the percentage of monthly interest rates over the last three years. The collection of data taken with documentation techniques derived from published reports of Bank Indonesia and the Indonesia Stock Exchange. Sampling was done by purposive sampling with the number nine companies. The results showed that the CSPI and interest rates but not significant positive effect on stock prices. The rupiah exchange rate and significant negative effect on stock prices. Simultaneously the composite stock price index, the rupiah exchange rate, and interest rates have a significant effect on stock prices of mining companies listed on the Indonesia Stock Exchange

scholarly journals PENGARUH ROA, TINGKAT INFLASI DAN NILAI TUKAR RUPIAH TERHADAP HARGA SAHAM

2019 ◽  
Vol 1 (2) ◽  
pp. 23-30
Author(s):  
Selvi Yona Sari ◽  
Neni Sri wahyuni Nengsi ◽  
Desi Permata Sari ◽  
Anisa Tunaswara
Keyword(s):  
Exchange Rate ◽  
Hypothesis Testing ◽  
Significant Influence ◽  
Stock Prices ◽  
Stock Price ◽  
Inflation Rate ◽  
Stock Exchange ◽  
Share Price ◽  
Return On Assets ◽  
Calculated Number

His study aims to analyze the effect of Return On Assets, Inflation Rate and Rupiah Exchange Rate on the share price of banking companies on the Indonesia Stock Exchange. Based on the results of the research processed for the variables Return on Assets, Inflation Rate and Rupiah Exchange Rate on Stock Prices shows the simultaneous and significant influence. This is shown in the results of hypothesis testing with F count. 36.99996> F table 3.06. With a significance of 0.000000 <0.05. The Return On Assets variable is partially negative and insignificant on the Stock Price. This is shown in the results of hypothesis testing with the number t count <t table that is 0.577606 <1.65566 with a significance value of 0.5647> 0.05. Variable Inflation Levels on Stock Prices show a positive and significant influence. This is shown in the results of hypothesis testing with a calculated number of 14.42283> t table 1.65566 with a significance value of 0.0000 <0.05. While the Rupiah Exchange Rate partially has a negative but significant effect on the Stock Price. This is shown in the results of hypothesis testing with the number t -12.45095 <t table 1.65566 with a significance value of 0.0000 <0.05.

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