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

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

<p class="Style1"><em>This study aims to see the effect of net capital flow on rupiah exchange rate and </em><em>Composite Stock Price Index (IHSG) in Indonesia. The type of data is time series </em><em>period January 2011 until December 2014. Analysis technique used is single linear </em><em>regression. The result of thif research is positive and significant influence of net capital </em><em>flcw to rupiah exchange rate and composite share price index in Indonesia.</em></p>

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

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.

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

2021 ◽  
Vol 4 (1) ◽  
pp. 51-63
Author(s):  
Diah Budi Pratiwi ◽  
Damayanti Damayanti ◽  
M. Iqbal Iqbal Harori
Keyword(s):  
Time Series ◽  
Exchange Rate ◽  
Consumer Goods ◽  
Stock Price ◽  
Price Index ◽  
Time Series Data ◽  
Series Data ◽  
A Value ◽  
Stock Price Index ◽  
Positive Effect

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.

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

2017 ◽  
Vol 9 (1) ◽  
pp. 27
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

<p>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. </p>

scholarly journals The impact of macroeconomic variable movements on stock price index performance in consumer goods industry sector companies: Evidence from Indonesia

2020 ◽  
Vol 14 ◽  
pp. 339-353
Author(s):  
Elegi Zuhri ◽  
Suskim Riantani
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Significant Influence ◽  
Consumer Goods ◽  
Stock Price ◽  
Price Index ◽  
Stock Exchange ◽  
Stock Price Index ◽  
Consumer Goods Industry ◽  
The Impact

This research essentially aims to examine the extent to which macroeconomic variables (including inflation, exchange rate, and interest rate) have a significant influence on stock price index and the level of significance for that influence. The researchers focused more on consumer goods industry companies that are listed on the Indonesian Stock Exchange (IDX) within 2015 until 2019, with consideration for the stock price of consumer goods companies listed on the Indonesia Stock Exchange (IDX) as claimed to be the most defensive stock. This study finds that inflation, exchange rate, and interest rate, as composite variables, have a significant influence on stock price index. A partial test revealed that inflation, and exchange rate have negative significant influence on stock price index, while interest rate is found to be nonsignificant.

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.

ANALISIS PENGARUH INFLASI, KURS DAN IHSG TERHADAP RETURN REKSA DANA SAHAM PT NIKKO SECURITIES INDONESIA PERIODE 2014-2017

2019 ◽  
Vol 2 (2) ◽  
pp. 103
Author(s):  
Muhammad Rois Rois ◽  
Manarotul Fatati Fatati ◽  
Winda Ihda Magfiroh
Keyword(s):  
Regression Analysis ◽  
Exchange Rate ◽  
Linear Regression ◽  
Multiple Linear Regression ◽  
Stock Price ◽  
Price Index ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Equity Fund ◽  
Stock Price Index

This study aims to determine the effect of Inflation, Exchange Rate and Composite Stock Price Index (IHSG) to Return of PT Nikko Securities Indonesia Stock Fund period 2014-2017. The study used secondary data obtained through documentation in the form of PT Nikko Securities Indonesia Monthly Net Asset (NAB) report. Data analysis is used with quantitative analysis, multiple linear regression analysis using eviews 9. Population and sample in this research are PT Nikko Securities Indonesia. The result of multiple linear regression analysis was the coefficient of determination (R2) showed the result of 0.123819 or 12%. This means that the Inflation, Exchange Rate and Composite Stock Price Index (IHSG) variables can influence the return of PT Nikko Securities Indonesia's equity fund of 12% and 88% is influenced by other variables. Based on the result of the research, the variables of inflation and exchange rate have a negative and significant effect toward the return of PT Nikko Securities Indonesia's equity fund. While the variable of Composite Stock Price Index (IHSG) has a negative but not significant effect toward Return of Equity Fund of PT Nikko Securities Indonesia

MODELING THE INTERACTIONS OF STOCK PRICE AND EXCHANGE RATE IN MALAYSIA

2009 ◽  
Vol 54 (04) ◽  
pp. 605-619 ◽  
Author(s):  
MOHD TAHIR ISMAIL ◽  
ZAIDI BIN ISA
Keyword(s):  
Exchange Rate ◽  
Exchange Rates ◽  
Stock Prices ◽  
Stock Price ◽  
Price Index ◽  
Composite Index ◽  
Regime Shifts ◽  
Var Model ◽  
Vector Autoregressive ◽  
Stock Price Index

After the East Asian crisis in 1997, the issue of whether stock prices and exchange rates are related or not have received much attention. This is due to realization that during the crisis the countries affected saw turmoil in both their currencies and stock markets. This paper studies the non-linear interactions between stock price and exchange rate in Malaysia using a two regimes multivariate Markov switching vector autoregression (MS-VAR) model with regime shifts in both the mean and the variance. In the study, the Kuala Lumpur Composite Index (KLCI) and the exchange rates of Malaysia ringgit against four other countries namely the Singapore dollar, the Japanese yen, the British pound sterling and the Australian dollar between 1990 and 2005 are used. The empirical results show that all the series are not cointegrated but the MS-VAR model with two regimes manage to detect common regime shifts behavior in all the series. The estimated MS-VAR model reveals that as the stock price index falls the exchange rates depreciate and when the stock price index gains the exchange rates appreciate. In addition, the MS-VAR model fitted the data better than the linear vector autoregressive model (VAR).

scholarly journals Analisis Pengaruh Nilai Tukar Rupiah, Inflasi Dan Indeks Dow Jones Terhadap Indeks Harga Saham Gabungan (IHSG) Di Bursa Efek Indonesia (BEI)

KINDAI ◽  
2021 ◽  
Vol 16 (3) ◽  
pp. 542-562
Author(s):  
Delila Putri Syarina
Keyword(s):  
Exchange Rate ◽  
Exchange Rates ◽  
Stock Price ◽  
Quantitative Method ◽  
Price Index ◽  
Stock Exchange ◽  
Sampling Techniques ◽  
Jones Index ◽  
Stock Price Index

Abstract: This study aims to study both partially and simultaneously, large, Analysis, Analysis, Value, Exchange, Inflation, and the Dow Jones Index Against the Composite Stock Price Index (CSPI) on the Indonesia Stock Exchange (BEI) and the dominant dominant variable on the Price Index Joint Stock (CSPI)).The method used in this study is a quantitative method and with a population of 10 (ten) years, samples were taken with census sampling techniques of 10 (ten) years per year-end period, research instruments using classical data assumptions - data used using regression linear multiple.The results of this study indicate that (1) Rupiah Exchange Rates, Inflation and the Dow Jones Index influence simultaneously on the Composite Stock Price Index (CSPI) on the Indonesia Stock Exchange (2) the Dow Jones Index is partially related to the Composite Stock Price Index (CSPI) in The Indonesian Stock Exchange, while the Rupiah Exchange Rate and Inflation are not partially on the Composite Stock Price Index (CSPI) on the Indonesia Stock Exchange (3) The dominant dominant variable on the Composite Stock Price Index (CSPI) on the Indonesia Stock Exchange is the Dow Jones Index..Keywords  : Rupiah Exchange Rate, Inflation, Dow Jones Index and Composite Stock Price Index (CSPI)   Abstrak: Penelitian ini bertujuan untuk mengetahui baik secara parsial dan simultan seberapa besar Analisis Pengaruh Nilai Tukar Rupiah, Inflasi Dan Indeks Dow Jones Terhadap Indeks Harga Saham Gabungan (IHSG) Di Bursa Efek Indonesia (BEI) serta variabel yang berpengaruh dominan terhadap Indeks Harga Saham Gabungan (IHSG). Metode yang digunakan dalam penelitian ini adalah metode kuantitatif dan dengan populasi sebanyak 10 (sepuluh) tahun, diambil sampel dengan teknik sampling sensus sebanyak 10 (sepuluh) tahun per periode akhir tahun, instrument penelitian uji asumsi klasik data – data diuji dengan menggunakan regresi linear berganda. Hasil penelitian ini menunjukkan bahwa (1) Nilai Tukar Rupiah, Inflasi dan Indeks Dow Jones berpengaruh secara simultan terhadap Indeks Harga Saham Gabungan (IHSG) di Bursa Efek Indonesia (2) Indeks Dow Jones berpengaruh secara parsial terhadap Indeks Harga Saham Gabungan (IHSG) di Bursa Efek Indonesia, sedangkan Nilai Tukar Rupiah dan Inflasi tidak berpengaruh secara parsial terhadap Indeks Harga Saham Gabungan (IHSG) di Bursa Efek Indonesia (3) Variabel yang berpengaruh dominan terhadap Indeks Harga Saham Gabungan (IHSG) di Bursa Efek Indonesia adalah Indeks Dow Jones. . Kata kunci :     Nilai Tukar Rupiah, Inflasi, Indeks Dow Jones dan Indeks Harga Saham Gabungan (IHSG).

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