scholarly journals DAMPAK COVID-19 TERHADAP INDEK HARGA SAHAM IDX BUMN20 TAHUN 2020

2022 ◽  
Vol 6 (1) ◽  
Author(s):  
Agus Munandar ◽  
Aulia Safira ◽  
Edwin Wiguna
Keyword(s):  
Economic Growth ◽  
Capital Market ◽  
Stock Price ◽  
Price Index ◽  
Limited Liability ◽  
Secondary Data ◽  
Stock Index ◽  
Limited Liability Company ◽  
The Impact ◽  
A Company

This article analyzes the impact of stock price efficiency on the Covid-19 event in 2020. As a capital market tool, shares are interpreted as evidence that a person has equity participation in a company or limited liability company. The emergence of the impact of Covid-19 on the price index is detrimental to the country's economy. State-Owned Enterprises (BUMN), which are the drivers of economic growth, has also been affected by the Covid-19 pandemic. This analysis needs to be carried out to find out the impact of Covid-19 on the stock price of IDX BUMN20 regarding the effects before and before the outbreak of the Covid-19 virus in Indonesia in 2020. The research method used is exploratory descriptive with a quantitative approach and the data collected is descriptive. Secondary data from the IDX and the Central Statistics Agency regarding the condition of economic growth and the SOE stock price index in 2020. Based on the results obtained, the first conclusion is that Indonesia's economic growth from 2019 was 5.02% and in 2020 was 2.07%, so that economic growth decreased from 2019 to 2020 by 2.95. Furthermore, the IDX BUMN20 stock index also fell to 18.39% throughout 2020.

scholarly journals ANALISIS FAKTOR PENENTU INDEKS HARGA SAHAM GABUNGAN DI INDONESIA

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.

scholarly journals ANALISIS PENGARUH PERTUMBUHAN EKONOMI, INFLASI, SUKU BUNGA DAN HARGA MINYAK DUNIA TERHADAP INDEKS HARGA SAHAM GABUNGAN DI INDONESIA PERIODE TAHUN 2001-2017

2020 ◽  
pp. 10-21
Author(s):  
A. Mahendra
Keyword(s):  
Economic Growth ◽  
Regression Analysis ◽  
Interest Rate ◽  
Multiple Regression Analysis ◽  
Stock Price ◽  
Price Index ◽  
Secondary Data ◽  
Oil Prices ◽  
Sampling Technique ◽  
Stock Price Index

This research is intended to know the influence of economic growth, inflation, interest rate and world oil prices variables to join stock price variable in Indonesia. Population in this research is Indonesia and 68 of them were selected to be the samples for this research through purposive sampling technique. Estimates conducted by the multiple regression analysis. The data that were used in this study were secondary data, consisted of Economic Growth, Inflation, Interest Rate and World Oil Prices to joint stock price index for the year 2001-2017. The results of this research, that Based on the partial test (t test), the Inflation variable has no significant effect while the Economic Growth, Interest Rateand World Oil Prices variables have a significant effect on the variables of the Joint Stock Price Index in Indonesia. But the simultan test (F test), economic growth, inflation, interest rate and world oil prices have a significant effect on the variables of the joint stock price index.

scholarly journals Macroeconomic impact on stock returns in the Croatian hospitality industry

2019 ◽  
Vol 7 (1) ◽  
pp. 53-68
Author(s):  
Siniša Bogdan
Keyword(s):  
Stock Returns ◽  
Stock Prices ◽  
Stock Price ◽  
Hospitality Industry ◽  
Price Index ◽  
Explanatory Power ◽  
Consumer Price Index ◽  
Stock Index ◽  
Macro Variables ◽  
The Impact

Tourism is one of the most important sectors in the Republic of Croatia. It plays a significant role in its economic development. This research investigates whether the macro-variables have an impact on the stock returns in the hospitality industry. The focus of the work consists in causality relationship between four macro variables (consumer price index, industrial production, exchange rate and number of tourist arrivals) and a stock index composed of Croatian hospitality companies. After applying Granger-causality tests based on the VAR methodology, results suggest that only consumer price index Granger-cause stock returns in the hospitality industry in the observed period from July 2008 to July 2018. Further analysis through impulse response function indicates that the impulse responses of inflation meet expectations in terms of the direction of impact. In the second month, stock prices react negatively to shock, implying that higher inflation causes negative stock price returns. After applying the variance decomposition method, a very low explanatory power of consumer price index on stock returns in the hospitality industry was revealed. This paper contributes to the existing literature on the topic of the impact of macro-economic variables on hospitality stock returns by extending the scope to Croatia and by testing a different set of variables compared to those from previous studies.

IMPACT OF CAPITAL MARKET REFORMS ON ECONOMIC GROWTH: The Nigerian Experience

2012 ◽  
Vol 02 (02) ◽  
pp. 20-30
Author(s):  
OKE MICHAEL OJO ◽  
ADEUSI S.O.
Keyword(s):  
Economic Growth ◽  
Capital Market ◽  
Stock Exchange ◽  
Secondary Data ◽  
Least Square Method ◽  
Least Square ◽  
Market Reforms ◽  
Political Issues ◽  
The World ◽  
The Impact

This study examines the impact of capital market reforms on the Nigerian economic growth between 1981 and 2010. The prevailing challenges in the World financial markets; especially the capital market justifies the various forms of reforms going on around the World. The ordinary least square method of regression and the Johansen co-integration analysis were employed to analyse the secondary data sourced from the Central Bank of Nigeria statistical bulletin, the Nigeria Stock Exchange Fact book and the Nigeria Security and Exchange Commission Reports. The results show that capital reforms positively impact the economic growth. The study recommends among others that government should objectively evaluate enacted laws and reforms agenda in a manner that will enhance economic growth rather than considering political issues before embarking on reforms.

scholarly journals INTEREST RATE ADJUSTMENT AND STOCK MARKET – THE CASE STUDY OF CHINA

2021 ◽  
Author(s):  
Ning Zeng ◽  
◽  
Xixi Li ◽  
Keyword(s):  
Interest Rate ◽  
Stock Market ◽  
Stock Price ◽  
Price Index ◽  
Stock Index ◽  
Rate Adjustment ◽  
Stock Price Index ◽  
The Interest Rate ◽  
The Impact

This paper examines the impact of interest rate adjustment on the stock market in China. We collect the interest rate adjustment periods from April 21, 1991 to October 24, 2015 since the estab¬lishment of the stock market. Through an Error Correction model together with Granger causality, we investigate responses of the stock index to interest rate adjustment. Our findings suggest that there is existing a long-term reverse relationship between interest rate adjustment and stock index. The impact of interest rate adjustment on stock index returns could not be long-term disequilibria, which will be corrected in short-time. Also, the interest rate is the granger cause of the stock price index, while the stock price index is not the granger cause of interest rate.

scholarly journals Analisis Profitabilitas Pada Perusahaan yang Tergabung dalam Indeks LQ45 di Bursa Efek Indonesia

2021 ◽  
Vol 11 (2) ◽  
pp. 130-145
Author(s):  
Feby Ayu Tri Ananda ◽  
Nurjanti Takarini
Keyword(s):  
Firm Size ◽  
Annual Report ◽  
Stock Exchange ◽  
Secondary Data ◽  
Stock Index ◽  
Sampling Techniques ◽  
Working Capital ◽  
Analysis Techniques ◽  
The Impact ◽  
A Company

Profitability is a measure by which a company assesses the success of a company's management. Having a good profitability level allows the company to continue its operations and increase its value. Understanding the impact of working capital, liquidity, and firm size is the purpose of thisXresearch. In addition, this research aims to know the differences in company’s financial performance from a previous reserach, wehether it still corresponded or had undergone changes. The object of this research is the manufacturingiicompany that makes up the LQ45 stock index in the Indonesian Stock Exchange. A total of 10 companies was taken to according to saturated sampling techniques, which is taking all the parts of the population as samples. The research data to be tested comes from secondary data according to the company’s annual report published periodically in BEI. Analysis techniques used in testing research hypotheses are multiple linier regressin. The results shows the regression analysis that (1) workingXcapital, liquidity, and firm size simultaneouslyiihave a significantiieffect on profitability. (2) working capital has a significantIeffect onIprofitability. (3) liquidity and firm size have no significant effect oniprofitability. Keywords : Profitability, Working Capital, Liquidity, Firm Size

Pengaruh Covid-19 terhadap Indeks Harga Saham Gabungan (IHSG) dan Nilai Tukar Rupiah

2021 ◽  
Vol 3 (2) ◽  
pp. 313-323
Author(s):  
Nisa Alfira ◽  
Muhammad Iqbal Fasa ◽  
Suharto Suharto
Keyword(s):  
Exchange Rate ◽  
Financial Institutions ◽  
Capital Market ◽  
Stock Price ◽  
World Economy ◽  
Price Index ◽  
The World ◽  
Islamic Financial Institutions ◽  
Stock Price Index ◽  
The Impact

The purpose of this study was to determine the effect of the Covid-19 pandemic on the Composite Stock Price Index (IHSG) and the rupiah exchange rate in Indonesia. The research method used is descriptive qualitative by describing the existing phenomena. The results show that the impact of the Covid-19 pandemic does not only affect public health, but also affects the Indonesian economy, especially in Islamic financial institutions in the Islamic capital market, namely the Composite Stock Price Index and the weakening of the rupiah exchange rate. The pandemic has also been proven to have put pressure on the world economy, including Indonesia.

Politics of Legal in Nominee Agreement And Its Practice In Indonesia

2020 ◽  
Vol 11 (1) ◽  
pp. 196
Author(s):  
SUPARJI SUPARJI
Keyword(s):  
Human Behavior ◽  
Research Method ◽  
Code Of Ethics ◽  
Limited Liability ◽  
Secondary Data ◽  
Limited Liability Company ◽  
Legal Research ◽  
Community Needs ◽  
The Law ◽  
A Company

This study aims to examine the legal politics of nominee agreement in Indonesia. The research method used is normative juridical, which conceptualizes the law as what is written in the legislation or the law as a rule or norm that is a benchmark of human behavior that is considered appropriate. This type of legal research is carried out by examining secondary data in the field of law as library data using deductive thinking methods. The results stated that there are no specific rules that override or provide other possibilities related to the issue of absolute ownership of shares by shareholders registered in the register of shareholders of a limited liability company. The unauthorized nominee of agreement in Indonesia is prohibited. The prohibition on nominee agreement is clearly stated in Law No. 25 of 2007 concerning investment. In fact, nominee agreement has grown and developed in the community, due to community needs. Establishment of nominee agreements in practice can be categorized into the formation of direct nominee agreements, namely by directly making agreements between those who affirm that ownership of shares in a company is limited to and on behalf of others. Thus, the legal profession such as notary, legal consultant and lawyer in this case must provide legal counseling, and participate in supervisory duties. As a profession, it should keep the professional code of ethics instead of making unauthorized nominee by making a nominee agreement.  

scholarly journals Bubble Detection and the Impact of Monetary Policy, Market Sentiment and Market Liquidity on Property Stock Price Index in Indonesia

2021 ◽  
Vol 9 (8) ◽  
pp. 75-86
Author(s):  
Sunita Dasman
Keyword(s):  
Exchange Rate ◽  
Interest Rates ◽  
Stock Price ◽  
Price Index ◽  
Stock Exchange ◽  
Market Liquidity ◽  
Stock Index ◽  
Market Sentiment ◽  
Stock Price Index ◽  
The Impact

The purpose of this study is to detect the existence of a bubble stock and analyze the impact of monetary policy, market sentiment and liquidity on the property stock index in the Indonesian capital market. The data used in this study is secondary data originating from various sources for the period 2016 – 2020 using multiple linear regressions. The bubble stock detection is done by using the ratio between the property stock price index and the consumer nutrient index. The results showed that there was an indication of a moderate bubble stock in the property stock index during the research period 2016 – 2020. The factors that impacted the property stock price index were interest rates, the rupiah exchange rate against the US dollar, market sentiment and market liquidity. The increase in interest rates, the rupiah exchange rate, and market sentiment and liquidity has an impact on the increase in the property stock price index on the Indonesian stock exchange for the 2016 – 2020 periods. Keywords: Bubble Stock, Exchange Rate, Interest Rate, Inflation, Market Sentiment, Market Liquidity

scholarly journals REAKSI PASAR MODAL INDONESIA TERHADAP PERISTIWA PERANG DAGANG AMERIKA SERIKAT DAN CHINA

2021 ◽  
Vol 5 (1) ◽  
pp. 50-59
Author(s):  
Yani Rahmawati ◽  
Hendra Gunawan
Keyword(s):  
United States ◽  
Capital Market ◽  
Stock Price ◽  
Abnormal Returns ◽  
Secondary Data ◽  
The United States ◽  
Wilcoxon Test ◽  
Stock Index ◽  
Significant Difference ◽  
Trade War

This research is an event study which aims to analyze the reaction of the Indonesian capital market, especially on LQ45 shares before and after political events that occur abroad. The event that became the object of observation was the trade war that occurred between the United States and China by using 12 events related to trade wars starting from 2014 to 2019, using the abnormal return indicator. The sample in this study are companies that are in the LQ45 stock index. The data used is secondary data in the form of the company's daily closing price and the Composite Stock Price Index (CSPI). The statistical test used to test the research hypothesis is the paired t-test which was tested on 11 events, and there was 1 event using the Wilcoxon test. The results showed that the trade war between the United States and China did not result in a significant difference in abnormal returns on LQ45 stocks with the observed period. So it can be said that the Indonesian capital market did not react to the 12 events of the trade war between the United States and China.

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