scholarly journals Analisis Pengaruh Variabel Makro Ekonomi Dan Harga Komoditas Terhadap Jakarta Islamic Index (JII)

2017 ◽  
Vol 3 (9) ◽  
pp. 713
Author(s):  
Ika Fitriyanti ◽  
Leo Herlambang
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Significant Influence ◽  
T Test ◽  
Gold Price ◽  
Oil Price ◽  
F Test ◽  
Macroeconomic Variables ◽  
Research Show

The purpose of this research is to determine the effects of macroeconomic variables to Jakarta Islamic Index in the period January 2013 – October 2015. The results of this research show that in partially world gold price (X1) does not have a significant influence to Jakarta Islamic Index (Y) which is indicated with t-test a significance value of 0.982. World oil price variable (X2) partially does not have a significant influence to Jakarta Islamic Index as evidenced by t test significant value of 0.090. Exchange Rate (X3) partially has a significant influence to Jakarta Islamic Index as evidenced by t test significant value of 0,003. Interest rate of Bank Indonesia (X4) has no significant influence to Jakarta Islamic Index as evidenced by t test significant value of 0.405. The result of all variables simultaneously have significant influence to Jakarta Islamic Index as evidenced by f test significant value of 0.03.

PENGARUH INFLASI, TINGKAT SUKU BUNGA, KURS, HARGA MINYAK DUNIA DAN HARGA EMAS DUNIA TERHADAP IHSG DAN JII DI BURSA EFEK INDONESIA

2017 ◽  
Vol 2 (2) ◽  
pp. 285
Author(s):  
Umi Sartika
Keyword(s):  
Exchange Rate ◽  
Stock Exchange ◽  
Composite Index ◽  
Secondary Data ◽  
T Test ◽  
Gold Price ◽  
Oil Price ◽  
F Test ◽  
Closing Price ◽  
The Exchange Rate

ABSTRACT  The research aims to investigate empirically the influence of selected macroekonomic variables. The research design is associative. Independent variabel  are  inflation, Bank Indonesia certificate rate, the exchange rate of IDR, World Oil Price and World Gold Price on Indonesia Composite Index and Jakarta Islamic Index at The Indonesia Stock Exchange (IDX). This paper examines the direct effect of selected macroeconomic variabel on Indonesia Composite Index and Jakarta Islamic Index. The data is taken from the monthly closing price of each dependent and independent variables. The sampling method used in this study is the sample saturated and obtained a sample of 60 months of data closing price. The data used are secondary data collection methods of data documentation. The analysis which used in this research is multiple linier regression analysis, F test and t test. The result of calculations using Eviews 8, showed that: the result hypothesis F test, obtained value of Fcompute > Ftable, means that there is the influence of inflation, Bank Indonesia certificate rate, the exchange rate of IDR, World Oil Price and World Gold Price together on Indonesia Composite Index and Jakarta Islamic Index. While result of the hypothesis t test, showed that inflation, Bank Indonesia certificate rate, the exchange rate of IDR, World Oil Price and World Gold Price partially had not influence on Indonesia Composite Index and Jakarta Islamic Index

scholarly journals PENGARUH INFLASI, TINGKAT SUKU BUNGA, KURS, HARGA MINYAK DUNIA DAN HARGA EMAS DUNIATERHADAP IHSG DAN JIIDI BURSA EFEK INDONESIA

2018 ◽  
Vol 3 (2) ◽  
pp. 173
Author(s):  
Umi Sartika
Keyword(s):  
Exchange Rate ◽  
Stock Exchange ◽  
Composite Index ◽  
Secondary Data ◽  
T Test ◽  
Gold Price ◽  
Oil Price ◽  
F Test ◽  
Closing Price ◽  
The Exchange Rate

The research aims to investigate empirically the influence of selected macroekonomic variables. The research design is associative. Independent variabel  are  inflation, Bank Indonesia certificate rate, the exchange rate of IDR, World Oil Price and World Gold Price on Indonesia Composite Index and Jakarta Islamic Index at The Indonesia Stock Exchange (IDX). This paper examines the direct effect of selected macroeconomic variabel on Indonesia Composite Indexand Jakarta Islamic Index.The data is taken from the monthly closing price of each dependent and independent variables. The sampling method used in this study is the sample saturated and obtained a sample of 60 months of data closing price. The data used are secondary data collection methods of data documentation. The analysis which used in this research is multiple linier regression analysis, F test and t test. The result of calculations using Eviews 8, showed that: the result hypothesis F test, obtained value of Fcompute > Ftable, means that there is the influence of inflation, Bank Indonesia certificate rate, the exchange rate of IDR, World Oil Price and World Gold Pricetogether on Indonesia Composite Index and Jakarta Islamic Index.While result of the hypothesis t test, showed that inflation, Bank Indonesia certificate rate, the exchange rate of IDR, World Oil Price and World Gold Price partially had not influence on Indonesia Composite Index and Jakarta Islamic Index

scholarly journals Modeling and Forecasting Gold Prices

2020 ◽  
Author(s):  
Richmond Sam-Quarm ◽  
Mohamed Osman Elamin Busharads
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Price Volatility ◽  
Gold Price ◽  
Oil Price ◽  
Future Market ◽  
Open Interest ◽  
Long Run ◽  
Short Run ◽  
Japanese Yen

The aim of this paper is to explore the reasons of gold price volatility. It analyses the information function of the gold future market by open interest contracts as speculation effect, and further fundamental factors including inflation, Chinese yuan per dollar, Japanese yen per dollar, dollar per euro, interest rate, oil price, and stock price, in the short-run. The study proceeds to build a Dynamic OLS model for long-run equilibrium to produce reliable gold price forecasts using the following variables: gold demand, gold supply, inflation, USD/SDR exchange rate, speculation, interest rate, oil price, and stock prices. Findings prove that in the short-run, changes in gold price does granger cause changes in open interest, and changes in Japanese yen per dollar does granger cause changes in gold price. However, in the long-run, the results prove that gold demand, gold supply, USD/SDR exchange rate, inflation, speculation, interest rate, and oil price are associated in a long-run relationship.References

scholarly journals Analisis pengaruh keadaan ekonomi makro terhadap investasi Asuransi Jiwa Syariah di Indonesia tahun 2010 – 2019

2020 ◽  
pp. 37-53
Author(s):  
Khalish Khairina
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Significant Influence ◽  
Life Insurance ◽  
Time Series Data ◽  
Composite Index ◽  
T Test ◽  
Least Square ◽  
Series Data ◽  
Independent Variables

This study aims to analyze the effect of Inflation, Exchange Rate, BI Interest Rate, Indonesia Composite Index on Sharia Insurance Life in Indonesia.  Data used is time series data for 10 years (2010-2019) and analyzed by using Eviews 10. This research using quantitative descriptive method, and to analyze the effect of independent variables toward dependent variables using Ordinary Least Square technique. The result of t – test shows Inflation, Exchange Rate, Indonesia Composite Index have significant influence to Sharia Life Insurance Investment in Indonesia that t –test < 0,05 and Interest Rate doesn’t influence to Sharia Life Insurance Investment in Indonesia with t – test > 0,05. However, independent variables has a significant influence with the result of F test 0,000002 < 0,05 and Adjusted R-Squared test shows that 99,41 %  of Sharia Life Insurance Investment in Indonesia is influenced by independent variables in this research

scholarly journals Pengaruh Nilai Tukar (Kurs), Inflasi dan Tingkat Suku Bunga Tabungan terhadap Volume Tabungan Masyarakat pada Bank Umum Pemerintah di Indonesia (Periode 2013-2017)

2020 ◽  
Vol 3 (1) ◽  
pp. 29-37
Author(s):  
Ni Kadek Rita Yanti ◽  
A. A. Ketut Jayawarsa ◽  
I Gde Agung Wira Pertama
Keyword(s):  
Regression Analysis ◽  
Exchange Rate ◽  
Interest Rate ◽  
Linear Regression ◽  
Multiple Linear Regression ◽  
Commercial Banks ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
T Test ◽  
F Test

This study entitled The Effect of Exchange Rate (Exchange), Inflation, and Interest Rates on Savings Against the Volume of Public Savings in Government Commercial Banks in Indonesia for the period 2013-2017. The formulation of the problem: How the Effect of Exchange Rate (Exchange), Inflation, and Interest Rate Savings Against the Volume of Public Savings at Government Commercial Banks in Indonesia Period 2013-2017 simultaneously and partially. The purpose of this study are: To analyze the effect of Exchange Rate (Exchange ), Inflation, and Interest Rate Savings Against the Volume of Public Savings in Government Commercial Banks in Indonesia Period 2013-2017 simultaneously and partially. This research was conducted at the Government Commercial Bank through the website www.bi.go.id and www.ojk.go.id. The analytical tool used is Multiple Linear Regression Analysis, F Test (F-test), and t Test (t-test), before multiple linear regression analysis is carried out descriptive analysis of data and Classical Assumption Test, Results obtained from regression multiple linear is Y = 13,069 + 0,591 X1 + 0,040 X2 + 0,843 X3.

scholarly journals PENGARUH VARIABEL MAKROEKONOMI DAN INDEKS SAHAM INTERNASIONAL TERHADAP INDEKS SAHAM JAKARTA ISLAMIC INDEX (JII)

2020 ◽  
Vol 6 (12) ◽  
pp. 2381
Author(s):  
Devi Rahmiyanti ◽  
Bayu Arie Fianto
Keyword(s):  
Exchange Rate ◽  
Crude Oil ◽  
Gold Price ◽  
Oil Price ◽  
Stock Index ◽  
Crude Oil Price ◽  
Correction Model ◽  
Monthly Data ◽  
Macroeconomic Variables ◽  
Long Run

This study investigate the effect of macroeconomic variables and international stock index on the stock index Jakarta Islamic Index (JII) using monthly data over period January 2013 to December, 2018. Macroeconomic variables used in this study are inflation, exchange rate, international crude oil price, World Gold Price and for the international stock index using Dow Jones Islamic Market. The study employs the eror correction model (ECM). The empirical result reveal that there is co-integration between the four macroeconomic variables, one international stock index and stock index in Jakarta Islamic Index indicating long run equilibirium relationship. Furhther, the result reveal that with significancy 0,5% only exchange rate, international crude oil price, world gold price had significant effect on Jakarta Islamic Index while inflation and Dow jones Islamic Market did not have a significant effect on Jakarta Islamic Index.Keywords: The stock Index, the Jakarta Islamic Index, the macroeconomic variables

scholarly journals Money supply, interest rate, exchange rate and oil price influence on inflation in South Africa

2011 ◽  
Vol 8 (3) ◽  
pp. 594-605 ◽  
Author(s):  
Raphael Tabani Mpofu
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Interest Rates ◽  
Money Supply ◽  
Development Strategy ◽  
Consumer Price Index ◽  
Negative Relationship ◽  
Oil Price ◽  
Policy Framework ◽  
Macroeconomic Variables

Price stability is critical for South Africa’s economic development strategy, and, based on previous studies, to effectively achieve this, requires a good understanding of the relationship between inflation and selected macroeconomic variables of broad money supply, interest rate, exchange rate and oil price. Monthly data are employed from January, 1999 through September, 2010. To determine this relationship, the independent variables were tested for multicollinearity, and thereafter a multiple regression model was developed. The findings from the study show that approximately 97% of the consumer price index movement is explained by the four macroeconomic variables. The study confirms that money supply and exchange rates have a strong positive relationship with inflation and have to be managed. Interest rates and oil price, on the other hand, have a significant negative relationship with inflation and should be part of a macroeconomic policy framework. This requires managing the delicate balance between a desirable level of inflation in support of economic growth and development and an unacceptable level of inflation that leads to price instability.

scholarly journals The Effect of USD/IDR Exchange Rate, Interest Rate, and World Oil Price To Jakarta Composite Index (JCI)

2019 ◽  
Vol 3 (2) ◽  
pp. 191
Author(s):  
Ummu Salma Al-Azizah ◽  
Yusdi Daulay ◽  
Naufal Krisnanto
Keyword(s):  
Time Series ◽  
Exchange Rate ◽  
Interest Rate ◽  
Time Series Data ◽  
Stock Exchange ◽  
Composite Index ◽  
Oil Price ◽  
Series Data ◽  
Macroeconomic Variables ◽  
The Exchange Rate

This research aims to investigate effect of selected macroeconomic variables, i.e., USD/IDR exchange rate, interest rate, and world oil price to indonesia composite index at the indonesia stock exchange (IDX). This paper examine the direct effect of selected macroecomonic variable on Indonesia Composite Index. The study used time series data from the 2012-2017. By using an regression technique analysis, the result from showed that simultaneously the exchange rate, interest rate, and world oil price have a significant effect on Indonesia Composite Index. Partially, only the exchange rate has a significant effect on Indonesia Composite Index, interest rate and world oil price have no significant effect on Indonesia Composite Iindex. The amount of influece caused by the three variables is 58% and the rest is explained by other variables.

scholarly journals Pengaruh Tingkat Kurs Rupiah, Harga Emas dan Harga Minyak terhadap Indeks LQ 45 Periode Maret 2013 – Juni 2016

2020 ◽  
Vol 4 (2) ◽  
pp. 86-90
Author(s):  
Muhammad Ikhwan Nugraha
Keyword(s):  
Exchange Rate ◽  
Data Analysis ◽  
Hypothesis Testing ◽  
Stock Exchange ◽  
Gold Price ◽  
Oil Price ◽  
Monthly Data ◽  
Macroeconomic Variables ◽  
Independent Variables ◽  
Time Period

This research aimed to analyze the effects of some macroeconomic variables for the movement of LQ 45 Index. Those macroeconomic variables used among other things were rupiah exchange rate, gold price and oil price.The population of this research was LQ 45 Index in Indonesia Stock Exchange (BEI) from March 2013 to June 2016 and the independent variables in the same time period. The total samples, the same as the population, were 40 monthly data which were determined through a census method. The data were obtained from Indonesian Stock Exchange and other reputable websites. The data analysis was performed with the classical assumption and hypothesis testing by multiple regression.The results of this study showed that rupiah exchange rate and oil price had a significant effect towards LQ 45 Index, while gold price did not have a signifiant effect towards LQ 45 Index.

scholarly journals PENGARUH KURS RUPIAH, TINGKAT SUKU BUNGA, DAN TINGKAT PENGANGGURAN TERHADAP HARGA SAHAM PADA PERUSAHAAN SUB SEKTOR PERTAMBANGAN MINYAK DAN GAS BUMI YANG TERCATAT DI BURSA EFEK INDONESIA PERIODE 2012-2017

2020 ◽  
Vol 8 (2) ◽  
pp. 163
Author(s):  
Atika Puspita Dewi ◽  
Salamatun Asakdiyah
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Unemployment Rate ◽  
Significant Influence ◽  
Stock Prices ◽  
Stock Price ◽  
Quantitative Methods ◽  
Oil And Gas ◽  
Linear Regression Analysis ◽  
Macroeconomic Variables

The monetary situation and the movement of macroeconomic variables are things  that  must be considered  an  investor  in  the  stock  trading activity in a country. The economic  situation  and  fluctuations  in  macro  variables  in  one country  can  affect  the  stock  price,  including  the  oil  and  gas  mining  sub-sector. This  study aimed to examine  the effect of  macroeconomic variables, namely exchange rate, interest rate, and unemployment rate to stock prices.  This study uses quantitative methods. The population in this study are all oil and gas mining sub-sector  companies  listed  in  Indonesia  Stock  Exchange  in  the  period  2012-2017. Sample selection technique is by using purposive sampling method. Based on  predetermined  criteria,  acquired 7 oil  and  gas  mining  sub-sector  companies sampled in this study. Data analysis techniques in this study using multiple linear regression analysis.  The results showed that the variables  simultaneously exchange  rate, interest rate, and  unemployment rate significant effect on stock price of oil and gas mining sub-sector  companies. Partially, variable Exchange Rate and Interest  Rate was  a  significant  influence  on stock price, while the variable Unemployment Rates no significant influence on stock price.

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