PENGARUH KONDISI FUNDAMENTAL, INFLASI DAN SUKU BUNGA SERTIFIKAT BANK INDONESIA TERHADAP HARGA SAHAM (Studi Kasus Perusahaan Real Estate Dan Property Yang Terdaftar Di Bursa Efek Indonesia)
The stock price is a reflection of the value of the company. Stock price fluctuations can not only be influenced by company fundamentals but also influenced by the macro economy of a company. In this study aims to determine the effect of fundamental conditions, inflation and sbi interest rates on stock prices. The data used is secondary data. This study selects data on the real estate and property industry that are listed on the Indonesian stock exchange with the observation period of 2015-2017. The method of sample collection uses a purposive sampling method which obtained 22 companies studied. The analytical method used is panel data regression, which is the Random Effect Models (REM) test. The results of this study show that the fundamental conditions with ROA have a significant effect on stock prices, EPS has a significant effect on stock prices, PBV has a significant effect on stock prices, DER has a significant effect on stock prices and SBI Interest Rate has a significant effect on stock prices whereas Inflation has no effect significant to stock prices.