PENGARUH INFLASI, BI RATE, DAN NILAI TUKAR RUPIAH TERHADAP PERUBAHAN INDEKS HARGA SAHAM.SEKTOR CONSUMER GOODS

This research aims to find out the macroeconomic influence of inflation, bi rate, and rupiah exchange rate on changes in the stock price index of consumer goods sector. The independent variables that used in this research are Inflation (X1), BI Rate (X1), and Rupiah Exchange Rate (X3) and Consumer Goods Sector Stock Price Index as dependent variable. The data in this research is a time series data that includes inflation, BI Rate, and Rupiah exchange rate data for the period 2016-2020. The samples in this research amounted to 60 samples that taken by using census sampling techniques. The data in this research was analyzed by using multiple linear regressions with simultaneous variable results of Inflation, BI rate, and Rupiah Exchange Rate significantly affecting changes in the Consumer Goods Sector Stock Price Index with a value of R Square is 0.382 or 38.2%. While the results partially show that variable inflation has a significant and positive effect, variable rupiah exchange rates has negatively affect on changes in the Stock Price Index of the Consumer Goods Sector. As for the variable BI Rate has no significant effect on changes in the Stock Price Index of the Consumer Goods Sector. ABSTRAK Penelitian ini bertujuan untuk mengetahui pengaruh ekonomi makro inflasi, bi rate, dan nilai tukar rupiah terhadap perubahan indeks harga saham sektor consumer goods. Variabel bebas yang digunakan pada penelitian ini yaitu Inflasi (X1), BI Rate (X1), dan Nilai Tukar Rupiah (X3) serta Indeks Harga Saham Sektor Consumer Goods sebagai variabel terikat. Data pada penelitian ini merupakan data time series yang meliputi data Inflasi, BI Rate, dan Nilai Tukar Rupiah untuk periode tahun 2016-2020. Sampel pada penelitian ini berjumlah 60 sampel yang diambil dengan menggunakan teknik sampling sensus. Data pada penelitian ini dianalisis dengan menggunakan regresi linier berganda, dengan hasil secara simultan, variabel Inflasi, BI rate, dan Nilai Tukar Rupiah berpengaruh signifikan terhadap perubahan Indeks Harga Saham Sektor Consumer Goods. Secara parsial, variabel inflasi berpengaruh signifikan dan positif, serta variabel nilai tukar rupiah berpengaruh negatif terhadap perubahan Indeks Harga Saham Sektor Consumer Goods. Sedangkan untuk variabel BI Rate tidak berpengaruh secara signifikan terhadap perubahan Indeks Harga Saham Sektor Consumer Goods.

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ANALISIS PENGARUH KURS, BI RATE DAN INFLASI TERHADAP IHSG DI BEI PERIODE 2014-2017

KEUNIS ◽

10.32497/keunis.v7i1.1533 ◽

2019 ◽

Vol 7 (1) ◽

pp. 64

Author(s):

Esty Nidianti ◽

Edi Wijayanto

Keyword(s):

Exchange Rate ◽

Stock Price ◽

Price Index ◽

Time Series Data ◽

Series Data ◽

Simultaneous Test ◽

Stock Price Index ◽

The Exchange Rate ◽

Analyze Data

The aim of this study was to determine the effect of macro economic conditions which including the exchange rate, BI rate and inflation of the composite stock price index. The study had used quantitative approach. Determination of the sample was based on time series data periode January 2014 – December 2017 by using saturation sampling method, which resulted 48 as number of samples. This study also had chosen multiple linier regression as attempts to analyze data. The simultaneous test (F test) resulted that the exchange rate, BI rate, and inflation had given significant effect on the stock price index. Meanwhile, the partial test (t test) had indicated that the exchange rate variable and BI rate significantly influenced the stock price index. In contrast, rate of inflation had not showed significant effect on the stock price index.

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PENGARUH JUMLAH UANG BEREDAR, KURS US DOLLAR DAN INDEKS HARGA KONSUMEN TERHADAP INDEKS HARGA SAHAM SEKTOR PERDAGANGAN DI BURSA EFEK INDONESIA

Media Ekonomi ◽

10.25105/me.v25i2.4892 ◽

2019 ◽

Vol 25 (2) ◽

pp. 93

Author(s):

Nurlia Rahmatika

Keyword(s):

Exchange Rate ◽

Money Supply ◽

Stock Price ◽

Price Index ◽

Time Series Data ◽

Consumer Price Index ◽

Sampling Technique ◽

Series Data ◽

Independent Variable ◽

Stock Price Index

This study aims to determine the analysis of the influence of the Money Supply (M2), the USD Exchange Rate and the Consumer Price Index. The research methodology used is a quantitative method with time series data and data sources derived from secondary data obtained from the Indonesia Stock Exchange. The sampling technique uses purposive sampling method with monthly data and research period from January 2009 to December 2016. The data analysis technique used is multiple linear regressions. The results of this study indicate that partially the independent variable Amount of Money has a positive and significant effect on the Trading Sector Stock Price Index. While the independent variable USD Exchange Rate and Consumer Price Index has a negative and significant effect on the Trading Sector Stock Price Index. Meanwhile, simultaneously the independent variable consisting of Money Supply, the USD Exchange Rate and the Consumer Price Index together have a significant relationship to the dependent variable, namely the Trade Sector Stock Price Index.

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Pergerakan Harga Saham Syariah Pada Saham Bank Syariah Di lihat Dari Faktor Makroekonomi

BISNIS : Jurnal Bisnis dan Manajemen Islam ◽

10.21043/bisnis.v5i1.2951 ◽

2018 ◽

Vol 5 (1) ◽

pp. 175

Author(s):

Rais Sani Muharrami ◽

Shufiatul Zahidah ◽

Ika Yoga

Keyword(s):

Exchange Rate ◽

Interest Rate ◽

Stock Price ◽

Price Index ◽

Time Series Data ◽

Secondary Data ◽

Series Data ◽

Macroeconomic Indicators ◽

Bank Stock ◽

Stock Price Index

This study aims to determine the macroeconomic indicators that affect sharia banking stock price index period 2014-2016. Four variables consist of inflation, BI interest rate, rupiah exchange rate and SBIS are considered to have an effect on the syariah bank stock price index. This research uses quantitative method. This study uses monthly time series data which is analyzed by multiple linear regression. The data used are secondary data with 36 data from January 2014-December 2016. Data collection is taken with documentation techniques sourced from the official website of Bank Indonesia and yahoofinance.com. The results showed that inflation did not significantly influence the sharia bank stock price index. While the BI interest rate, the exchange rate of rupiah and SBIS have a significant influence on PT Bank Panin Dubai Syariah Tbk stock price index. From the results of this study, it can be concluded that the indicators considered in the PT Bank Panin Dubai Syariah Tbk stock price index are BI rate, rupiah exchange rate and SBIS.

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ANALISIS FAKTOR PENENTU INDEKS HARGA SAHAM GABUNGAN DI INDONESIA

Jurnal Kajian Ekonomi dan Pembangunan ◽

10.24036/jkep.v1i4.8952 ◽

2019 ◽

Vol 1 (4) ◽

pp. 37

Author(s):

Yulizar Fikri ◽

Ali Anis

Keyword(s):

Economic Growth ◽

Foreign Exchange ◽

Stock Price ◽

Price Index ◽

Time Series Data ◽

Secondary Data ◽

Coefficient Of Determination ◽

Series Data ◽

Foreign Exchange Reserves ◽

Stock Price Index

This study aims to determine the analysis of the determinants of the composite stock price index in Indonesia. The independent variables in this study are inflation as X1, foreign exchange reserves as X2, exchange rates as X3, and economic growth as X4, and the dependent variable of the composite stock price index as Y. The data used are secondary data in the formof time series data from 2010Q1 until 2019Q2, with data collection techniques, namely documentation from Bank Indonesia publications, the Central Statistics Agency, investing. comsite and library research. The research methods used are: (1) Multiple Linear Regression, (2) Classical Assumption Test (3) coefficient of determination. The results of this study indicate that:(1) inflation does not significantly influence the composite stock price index. (2) foreign exchange reserves have a significant positive effect on the composite stock price index. (3) the rupiah exchange rate has an influence on the composite stock price index and (4) economic growth hasno significant effect on the composite stock price index.

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Analisis Pengaruh Variabel Makro Ekonomi terhadap Nilai Aktiva Bersih Reksadana Saham Syariah Periode 2015-2019

Journal of Applied Islamic Economics and Finance ◽

10.35313/jaief.v1i2.2468 ◽

2021 ◽

Vol 1 (2) ◽

pp. 332-348

Author(s):

Hani Nurrahmawati ◽

Hasbi Assidiki Mauluddi ◽

Endang Hatma Juniwati

Keyword(s):

Exchange Rate ◽

Mutual Funds ◽

Stock Price ◽

Price Index ◽

Coefficient Of Determination ◽

Series Data ◽

Asset Value ◽

Net Asset Value ◽

Net Assets ◽

Stock Price Index

The title of this research is Analysis Influence of Macroeconomic to Net Asset Value of Islamic Mutual Fund Equity period 2015-2019. The purpose of this study is to determine the effect of partially and simultaneously variables of BI Rate, Inflation, Composite Stock Price Index and Exchange Rate on Net Asset Value of Sharia Mutual Funds in Indonesia in the period January 2015 - December 2019. The dependent variable is Net Asset Value of Sharia Mutual Funds, while the independent variables are BI Rate, Inflation, Composite Stock Price Index and Exchange Rate.Types of data used in this study are secondary data sourced from OJK, IHSG-IDX and BI published between 2015-2019. All of the data will be processed panel data which is a combination of time series data and cross section data. The results of this research showed that in the partial just variables of the BI Rate, Inflation, Composite Stock Price Index and Exchange Rate influenced to Net Assets Value of Islamic Mutual Funds in Indonesia, and simultaneous from variables of the BI Rate, Inflation, Composite Stock Price Index and Exchange Rate influenced to Net Assets Value of Islamic Mutual Funds in Indonesia and the value of Adjusted R-square coefficient of determination is 0.311175 means in togetherness variables of the BI Rate, Inflation, Composite Stock Price Index and Exchange Rate have a contribution influenced NAV of Islamic Mutual Funds in the amount of 31%, while the rest is 69% influenced by other variables that are not included into this research.

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HE IMPACT OF INFLATION, CERTIFICATE OF BANK INDONESIA, AND EXCHANGE RATE OF IDR/USD ON THE INDONESIA COMPOSITE STOCK PRICE INDEX

Jurnal Muara Ilmu Ekonomi dan Bisnis ◽

10.24912/jmieb.v1i1.405 ◽

2017 ◽

Vol 1 (1) ◽

pp. 42

Author(s):

Margarita Ekadjaja ◽

Daisy Dianasari

Keyword(s):

Time Series ◽

Exchange Rate ◽

Stock Price ◽

Price Index ◽

Inflation Rate ◽

Stock Exchange ◽

Monthly Data ◽

Macroeconomic Variables ◽

Research Population ◽

Stock Price Index

This research is done with the aim to know whether some macroeconomic variables, which are inflation rate, certificate of Bank Indonesia (SBI) rate, and exchange rate of IDR/USD have an impact on the movement of the composite stock price index (IHSG) at the Indonesia stock exchange (BEI) partially and simultaneously in the period of 2006–2014. The research population is inflation rate, SBI rate, and exchange rate of IDR/USD. Data analysis in this research is multiple regression by using time series monthly data of 2006–2014. Research results show that partially inflation rate gives positive significant impact on IHSG, SBI rate has negative significant impact on IHSG, and exchange rate of IDR/USD has positive significant impact on IHSG. Simultaneously it shows that inflation, SBI rate, and exchange rate of IDR/USD have an impact on IHSG at BEI to the period of year 2006 – 2014. Those variables affect IHSG by 58,74%, while other variables affect IHSG by 41,26%. That information can be used by investors to make decision on their investment.Keywords: inflation, SBI, exchange rate, IHSG, BEI.

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ANALISIS PENGARUH CAPITAL FLOW TERHADAP NILAI TUKAR DAN INDEKS HARGA SAHAM GABUNGAN (IHSG) TAHUN 2011 — 2014

JURNAL INFORMASI, PERPAJAKAN, AKUNTANSI, DAN KEUANGAN PUBLIK ◽

10.25105/jipak.v10i1.4543 ◽

2019 ◽

Vol 10 (1) ◽

pp. 1

Author(s):

Herry Budisusetyo

Keyword(s):

Time Series ◽

Exchange Rate ◽

Significant Influence ◽

Stock Price ◽

Price Index ◽

Capital Flow ◽

Share Price ◽

Analysis Technique ◽

Stock Price Index

This study aims to see the effect of net capital flow on rupiah exchange rate and Composite Stock Price Index (IHSG) in Indonesia. The type of data is time series period January 2011 until December 2014. Analysis technique used is single linear regression. The result of thif research is positive and significant influence of net capital flcw to rupiah exchange rate and composite share price index in Indonesia.

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PENGARUH SERTIFIKAT BANK INDONESIA SYARIAH (SBIS), INDEKS HARGA SAHAM GABUNGAN (IHSG), DAN NILAI TUKAR RUPIAH TERHADAP NILAI AKTIVA BERSIH (NAB) DANAREKSA SYARIAH BERIMBANG

Studia Economica : Jurnal Ekonomi Islam ◽

10.30821/se.v1i2.242 ◽

2015 ◽

Vol 1 (2) ◽

pp. 100

Author(s):

Muhammad Rizki Aulia

Keyword(s):

Exchange Rate ◽

Mutual Fund ◽

Stock Price ◽

Price Index ◽

Negative Influence ◽

Asset Value ◽

Net Asset Value ◽

Value Net ◽

Stock Price Index ◽

Positive Effect

The purpose of this study is to determine the factors that influence the growth of the Net Asset Value (NAV) of a mutual fund sharia, namely Sharia Bank Indonesia Certificates (SBIS), Composite Stock Price Index (CSPI) and Exchange Rate (USD). All of the factor are assumed have significant impact on the net asset value (NAV). Danareksa Syariah Berimbang of PT. Danareksa Management. The research method is done by multiple regression. The results showed there is negative influence significant between Sharia Bank Indonesia Certificates (SBIS) and exchange rate, there is positive effect between the stock price index (CSPI), and the Asset Value net (NAB) Danareksa Syariah Berimbang

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Deep Learning Methods In Predicting Indonesia Composite Stock Price Index (IHSG)

International Journal of Computer and Information Technology(2279-0764) ◽

10.24203/ijcit.v10i5.153 ◽

2021 ◽

Vol 10 (5) ◽

Author(s):

Arief Fadhlurrahman Rasyid ◽

Dewi Agushinta R. ◽

Dharma Tintri Ediraras

Keyword(s):

Deep Learning ◽

Stock Price ◽

Price Index ◽

Time Series Data ◽

Short Term Memory ◽

Series Data ◽

Analysis Model ◽

Accuracy Rate ◽

Learning Methods ◽

Stock Price Index

The stock price changes at any time within seconds. The stock price is a time series data. Thus, it is necessary to have the best analysis model in predicting the stock price to make decisions to avoid losses in investing. In this research, the method used two models Deep Learning namely Long Short Term Memory (LSTM) and Gated Recurrent Unit (GRU) in predicting Indonesia Composite Stock Price Index (IHSG). The dataset used is historical data from the Jakarta Composite Index (^JKSE) stock price in 2013-2020 obtained through Yahoo Finance. The results suggest that Deep learning methods with LSTM and GRU models can predict Indonesia Composite Stock Price Index (IHSG). Based on the test results obtained RMSE value of 71.28959454502723 with an accuracy rate of 92.39% for LSTM models and obtained RMSE value of 70.61870739073838 with an accuracy rate of 96.77% on GRU models.

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Factors Affecting the Composite Stock Price Index during Covid-19 Pandemic Crisis

JEJAK ◽

10.15294/jejak.v14i2.27682 ◽

2021 ◽

Vol 14 (2) ◽

pp. 333-344

Author(s):

Ariodillah Hidayat ◽

Liliana Liliana ◽

Sri Andaiyani

Keyword(s):

Exchange Rate ◽

Stock Price ◽

Price Index ◽

Linear Regression Analysis ◽

Oil Prices ◽

Series Data ◽

Factors Affecting ◽

Independent Variables ◽

The World ◽

Stock Price Index

This paper aims to analyze factors affecting the Composite Stock Price Index (IHSG) on the Jakarta Stock Exchange (IDX) during the Pademi Corona Crisis. This study uses the multiple linear regression analysis technique where the variable number of confirmed Covid-19 cases in the world, the number of confirmed Covid-19 cases in Indonesia, the Rupiah exchange rate per 1 US dollar, and the world crude oil price are used as independent variables (X) and the IHSG as the dependent variable (Y), the data used in this study are weekly time series data from the period December 2019 to September 2020. Based on the results of variable regression between the IHSG, Exchange Rates, Oil Prices, cases of COVID-19 in Indonesia and COVID-19 World, It is concluded that collectively the independent variables have a significant effect on the IHSG. Partially, Oil Prices, COVID-19 cases in Indonesia and COVID-19 cases in the world have a significant effect on the IHSG. Meanwhile, the exchange rate has no significant effect on the IHSG.

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