Analysis of Determinants of Stock Transaction Volume and Its Effect on the LQ45 Stock Price Index on IDX 2010-2020 Period

Composite Index ◽

Stock Index ◽

Company Performance ◽

Dollar Exchange Rate

The LQ45 stock index is a stock index that concerns investors in monitoring the development of company performance that is included in the LQ45 index calculation. Several factors that can cause the movement of the LQ45 stock index include BI interest rates, exchange rates, and global stock exchanges such as the Shanghai Composite Index. The study was conducted to determine the effect of the BI interest rate, dollar exchange rate, yuan exchange rate and the Shanghai Composite Index (SSE) on the LQ45 stock index. The study was conducted using 121 samples consisting of monthly data for all variables from 2010 to 2020. Data analysis was performed using multiple linear regression analysis techniques. The results show the BI interest rate, dollar exchange rate, yuan exchange rate and Shanghai Composite index simultaneously have a significant effect on the LQ45 stock index. BI interest rate and yuan exchange rate partially have a significant effect on the LQ45 stock index. The dollar exchange rate and Shanghai Composite index have no significant effect on the LQ45 stock index. The BI interest rate, dollar exchange rate, yuan exchange rate and Shanghai Composite index simultaneously affect volume of transactions. Partially, BI interest rate, dollar exchange rate, yuan exchange rate have a significant effect on transaction volume, while Shanghai Composite index has no significant effect on transaction volume. Simultaneously, BI interest rate, dollar exchange rate, yuan exchange rate, and Shanghai Composite index have a significant effect on the LQ45 stock index with transaction volume as an intervening variable.

Analysis of Determinants of Stock Transaction Volume and Its Effect on the LQ45 Stock Price Index on IDX 2010-2020 Period

Journal of Economics and Business ◽

10.31014/aior.1992.04.02.351 ◽

2021 ◽

Vol 4 (2) ◽

Author(s):

Mohammad Noor Salim ◽

◽

Gabriel Anugrah Pratama

Keyword(s):

Exchange Rate ◽

Interest Rate ◽

Interest Rates ◽

Stock Price ◽

Composite Index ◽

Stock Index ◽

Company Performance ◽

Dollar Exchange Rate

PERGERAKAN INDEKS HARGA SAHAM GABUNGAN SEBAGAI DAMPAK DARI VARIABEL MAKRO

10.31227/osf.io/qab82 ◽

2019 ◽

Author(s):

Yessa Dermi Yulianti ◽

Irdha Yusra

Keyword(s):

Exchange Rate ◽

Interest Rates ◽

Stock Price ◽

Composite Index ◽

Oil Prices ◽

Negative Effect ◽

Positive Effect ◽

Selection Of

The Composite Stock Price Index or The Composite Index (CI) is a reflection of the Indonesian economy, when the JCI showed an increase it meant that the Indonesian economy was in a conducive condition and vice versa. To be able to find out what can help the CI movement, several factors need to be considered such as world gold prices, the rupiah exchange rate, world oil prices and SBI interest rates. The purpose of this study was to determine the effect of world gold prices, the rupiah exchange rate, world oil prices and SBI interest rates on the CI. This research was carried out on the IDX by using a sample of 84 with the selection of samples limited to the closing data each month during the observation period. Observations were carried out for 7 years between 2011-2017 and data were analyzed by multiple linear regression analysis techniques. world gold prices, world oil prices and SBI interest rates partially have a significant negative effect on the CI, this means an increase in world gold price rates, world oil prices and SBI interest rates can result in a decline in the value of the CI. The rupiah exchange rate partially has a significant positive effect, which means that the increase in the rupiah exchange rate can increase the CI value.

Anlysis Of Factors Affecting Price Movements Of The Joint Stock Index On Indonesia Stock Exchange In 2015-2019

Journal of Management Science (JMAS) ◽

10.35335/jmas.v4i4.116 ◽

2021 ◽

Vol 4 (4) ◽

pp. 113-117

Author(s):

Jonerli Gunawan ◽

Ella Silvana Ginting

Keyword(s):

Exchange Rate ◽

Interest Rate ◽

Stock Exchange ◽

Composite Index ◽

Sampling Technique ◽

Oil Price ◽

Stock Index ◽

Factors Affecting

The study aims in determining and analyzing the effect ofInflation Rate, Exchange rate, Interest rate and Oil Prices on Indonesia Composite Index simultaneously and partially on the Indonesian Stock Exchange in 2015-2019. The population that is used in this study is Indonesia Composite Index on the Indonesian Stock Exchange (IDX) period in 2015 to 2019 which totaling 60 months. The samplex selection uses a saturated sampling technique so all polulation are used as samples. This research used quantitative descriptive by testing classic assumption tests and multiple linear regression analysis using IBM SPSS Statistics 21 aplications.Simultaneously Inflation Rate, Exchange rate, Interest rate and oil price have an effect on Indonesia Composite Index. Partially, Infaltion Rate and Oil Price have a significant effect on Indonesia Composite Index while Exchange Rate, Interest Rate have no effect on Indonesia Composite Index in Indonesia Stock Exchange Periode 2015-2019.

The Impact of the Rupiah/Dollar Exchange Rate, Inflation Against the SBI Interest Rate During the New Normal Period

INTERNATIONAL JOURNAL OF MULTIDISCIPLINARY RESEARCH AND ANALYSIS ◽

10.47191/ijmra/v4-i12-11 ◽

2021 ◽

Vol 04 (12) ◽

Author(s):

Lusi Elviani Rangkuti ◽

Keyword(s):

Exchange Rate ◽

Interest Rate ◽

Interest Rates ◽

Quantitative Research ◽

Dollar Exchange Rate ◽

New Normal ◽

Normal Period ◽

The Impact

The Covid 19 pandemic has changed the order of Indonesian society and even the world; to prevent the spread of this virus, a new lifestyle or "New normal" is implemented, in which people can still do activities outside the home while adhering to health protocols. As a result of the economic sector's pandemic condition, the rupiah exchange rate against the dollar fell, as did inflation and interest rate values. The goal of this research is to determine the impact of the Rupiah exchange rate, inflation, and interest rates during the New Normal Period. The New Normal period, as we know, begins in early June 2020, so researchers plan to collect data from June 1, 2020 to March 31, 2021. The information used is skunder data. This study used saturated sampling or a census sample, which is a technique for determining "samples where all members of the population are used as samples." The research method used is quantitative research. The test is a multiple linear regression analysis that begins with a traditional assumption test that includes a normality test and a multicollinearity test. The findings revealed that during the New Normal period, the rupiah/dollar exchange rate had a positive and significant effect on SBI interest rates. During the New Normal period, inflation has a positive and significant impact on SBI interest rates. During the New Normal, the Exchange/Dollar Rate and the Inflation Rate both have a positive effect on the SBI Interest Rate.

ANALISIS PENGARUH TINGKAT INFLASI, TINGKAT SUKU BUNGA, DAN NILAI TUKAR TERHADAP INDEKS HARGA SAHAM GABUNGAN (IHSG) DI BURSA EFEK INDONESIA (BEI) PERIODE 2013-2015

Jurnal Fokus Manajemen Bisnis ◽

10.12928/fokus.v6i2.1658 ◽

2020 ◽

Vol 6 (2) ◽

pp. 121

Author(s):

Daniar Primavistanti ◽

Aftoni Sutanto

Keyword(s):

Exchange Rate ◽

Interest Rate ◽

Exchange Rates ◽

Interest Rates ◽

Stock Price ◽

Price Index ◽

Stock Exchange ◽

Composite Index ◽

Inflation Rates ◽

Stock Price Index

This research aimed to analyze and test the effect of inflation rates, interest rate and exchange rate on the stok price index at the stock exchange in 2013–2015. Independent variable used are inflation, interest rates, and exchange rates. While the dependent variable is the stock price index. The object of this research is in the market listed on the stock price index. The inflation rates, interest rates, and the exchange rate that are taken from Indonesian Bank. The analytical method used is the classic assumption test and regression test. Based on the survey result revealed that in partial inflation and the exchange rate does not significantaly influence the Stock Exchange Composite Index. While the variable interest rate significantly influence the Stock Exchange Composite Index. The test results simultaneosly show variable inflation, interest rates and exchange rates have an influence on the Stock Exchange Composite Index. The coefficient of determination was 28,3%.

Analysis of Global Stock Exchange Index, Foreign Exchange Rate, Interest Rate and Inflation Rate Influences CSPI in Indonesia Stock Exchange (Period of January 2014 – 2015)

European Journal of Business Management and Research ◽

10.24018/ejbmr.2019.4.6.162 ◽

2019 ◽

Vol 4 (6) ◽

Author(s):

Dahlia Br. Pinem

Keyword(s):

Exchange Rate ◽

Interest Rate ◽

Interest Rates ◽

Stock Price ◽

Price Index ◽

Stock Exchange ◽

Developed Countries ◽

Stock Index ◽

Stock Price Index ◽

Global Stock

The economics of one country with other countries are interconnected because of the business relationship, especially since the developed countries greatly affect the economics of developing countries, so that the stock market in developed countries such as Dow Jones (DJIA) index, Footsie London Index (FTSE), Singapore Index (STI), Tokyo Nikkei Index (N225), Korea KOSPI Index (KS11), Hang Seng Hongkong Index (HSI) affect the Composite Stock Price Index (CSPI). The purpose of this study is to determine the influence of global stock indices on the Composite Stock Price Index (CSPI). In addition to the global macroeconomics index of Indonesia's Stock Index like the US Dollar against the rupiah, interest rates greatly affect the Composite Stock Price Index. The method of the sample research was conducted by judgment sampling. Hypothesis testing in this research is conducted by Multiple Regression. The results obtained simultaneously (F test) variables (FTSE, Dow Jones index, STI, KS 11, Hangseng, Nikkei 225, Dollar/USD exchange rate, interest rate, Inflation) have a significant effect on CSPI. Yet, only partially variable interest rate is not significant, while the other partially affects the CSPI.

EFFECTS OF INFLATION, INTEREST, AND EXCHANGE RATE ON JAKARTA ISLAMIC INDEX 2017-2020

Jurnal Ekonomi Syariah Teori dan Terapan ◽

10.20473/vol8iss20212pp147-158 ◽

2021 ◽

Vol 8 (2) ◽

pp. 147

Author(s):

Theresia Putri Primartha ◽

Nana Diana

Keyword(s):

Exchange Rate ◽

Interest Rate ◽

Interest Rates ◽

Negative Impact ◽

Body Of Knowledge ◽

Significant Negative Impact ◽

The Interest Rate ◽

Index Exchange

ABSTRAKDengan ketersediaan nya pengetahuan terkait pasar modal, Penelitian ini mencoba untuk menganalisa pengaruh inflasi, tingkat suku bunga, dan nilai tukar mata uang rupiah (Kurs) pada “Jakarta Islamic Index (JII). Variabel independen yang digunakan dalam penelitian ini adalah inflasi (X1), tingkat suku bunga (X2), dan nilai tukar rupiah (X3) sedangkan variabel dependen yang digunakan adalah “Jakarta Islamic Index (JII). Tipe penelitian ini menggunakan penelitian deskriptif atau statistika inferensial dengan pendekatan kuantitatif. Populasi penelitian mencakup aspek-aspek yang mempengaruhi “Jakarta Islamic Index. Sampel yang digunakan adalah aspek aspek tersebut pada periode Januari 2017- Oktober 2020. Jenis analisis yang digunakan pada studi ini adalah analisis regresi linier berganda. Hasilnya, inflasi memberikan efek positif yang besar terhadap JII, tingkat suku bunga berpengaruh positif dan substansial terhadap JII, dan nilai tukar rupiah juga sangat memberikan pengaruh negatif terhadap JII. Penelitian ini dituntut agar bisa memberikan ilmu baru terkait, politik, sains, dan bidang lainnya.Kata kunci: inflasi, Jakarta Islamic Index, nilai tukar, suku bunga. ABSTRACTWith the vast body of knowledge in capital market, this study attempts to determine the effect of inflation, interest rates, and the exchange rate of the rupiah upon the Jakarta Islamic Index (JII). The independent variables in this research are inflation (X1), interest rate (X2), and rupiah exchange rate (X3), and the dependent variable are Jakarta Islamic Index (Y). The research methodology used is descriptive or inferential statistics research, relying on the qualitative instrument. Hence, the population covers the factors that influence the Jakarta Islamic Index, and the sample used is those of ranges from January 2017 to October 2020. Multiple linear regression analysis is used in this study. The results showed that inflation has a significant deficiency upon the Jakarta Islamic Index (JII). The interest rate has a positive and significant effect on the Jakarta Islamic Index (JII), and the rupiah exchange rate has a significant negative impact on the Jakarta Islamic Index (JII). This research is subjected to provide more comprehensive insight into politics, social science, and other fields.Keywords: inflation, Jakarta Islamic Index, exchange rate, interest rates.

PENGARUH PRICE EARNING RATIO, DEBT TO EQUITY RATIO, INFLASI, BI RATE, DAN KURS DOLAR TERHADAP HARGA SAHAM INDUSTRI KIMIA YANG LISTING DI BURSA EFEK INDONESIA

Jurnal Manajemen Bisnis Krisnadwipayana ◽

10.35137/jmbk.v8i3.481 ◽

2020 ◽

Vol 8 (3) ◽

Author(s):

Budhi Suparningsih ◽

Ella Siti Chaeriah

Keyword(s):

Exchange Rate ◽

Stock Prices ◽

Stock Price ◽

Stock Exchange ◽

Descriptive Analysis ◽

Sample Selection ◽

Dollar Exchange Rate ◽

Equity Ratio

<em>The purpose of this study was to determine the effect of price earning ratio, debt to equity ratio, inflation, BI rate, and dollar exchange rate on stock prices. The population used in this study were chemical sector companies that had gone public in the Indonesian capital market until the end of 2018. The population in this study were 7 companies. Sampling was done by using the census method. Sample selection criteria, namely: a). Chemical sector companies listed on the Jakarta Stock Exchange before December 31, 2018. b). Remain listed on the Jakarta Stock Exchange until 31 December 2018. c). Providing periodic financial reports to the Jakarta Stock Exchange on December 31. Methods of data analysis using descriptive analysis and simple and multiple linear regression analysis. The results show that: (1) Simultaneously, price earning ratio, debt to equity ratio, inflation, BI rate, and dollar exchange rate on stock prices have a significant effect on stock prices (2) Partially price earning ratio, debt to equity ratio, inflation , BI rate, rupiah / dollar exchange rate do not have a significant effect on share prices. The conclusion is that in general investors who invest in chemical sector stocks are more short-term investors who only pay attention to stock price fluctuations in the market.</em>

Pengukuran Variabel Makro dan Kinerja Keuangan Terhadap Perubahan Harga Saham

Owner ◽

10.33395/owner.v3i1.78 ◽

2019 ◽

Vol 3 (1) ◽

pp. 1

Author(s):

Munawarah Munawarah ◽

Jeffry Suryono

Keyword(s):

Interest Rate ◽

Interest Rates ◽

Stock Prices ◽

Stock Price ◽

Inflation Rate ◽

Stock Exchange ◽

Sampling Technique ◽

Net Profit

The aim of this study was to investigate the effect of inflation rate, interest rate, and net profit on stock prices at Metal companies listed on the Indonesia Stock Exchange in 2011-2015. The independent variables of this research were the rate of inflation, interest rates, and net profit. Dependent variable of this research was stock price. The research used a quantitative method. The populations were 16 metal companies listed in Indonesia Stock Exchange and there were 15 companies used as sample which taken by purposive sampling technique. The research data were the company's financial statements at the Indonesia Stock Exchange. The data were analized by multiple linear regression analysis. The results of this research indicated that Simultaneously, the rate of inflation, interest rates, and net profit had a positive and significant effect on stock prices. And partially, the inflation rate did not have a significant effect on stock prices, the interest rate did not have a significant effect on the price shares and net profit had a positive and significant effect on stock prices. The value of R square 0,289 shows that simultaneously the inflation rate, interest rate and net profit contributed to stock price only 28,9 %, and the remaining 71, 11% were affected by other variables not included in this study.

STOCK PRICE INDEX (CSPI)IN INDONESIA STOCK EXCHANGE (IDX) PERIOD 2014-2018

Dinasti International Journal of Economics, Finance & Accounting ◽

10.38035/dijefa.v1i1.205 ◽

2020 ◽

Vol 1 (1) ◽

pp. 40-53

Author(s):

Said Djamaluddin ◽

Riki Ardoni ◽

Aty Herawati

Keyword(s):

Exchange Rate ◽

Crude Oil ◽

Interest Rates ◽

Stock Price ◽

Price Index ◽

Composite Index ◽

Oil Prices ◽

Dollar Exchange Rate ◽

Jones Index ◽

Stock Price Index

This study aims to determine the effect of the BI rate, the dollar exchange rate, the yuan exchange rate, the Dow Jones index, the Shanghai index and world oil prices on the composite stock price index (CSPI). The data used is the period from January 2014 to December 2018 with the multiple regression analysis method. The results showed that the BI rate, Dollar Exchange, Yuan Exchange, Dow Jones, SSE Composite Index and WTI were able to explain the 91.8% effect on CSPI and the remaining 8.2% explained by other variables not examined. T test results show that partially BI interest rates, the yuan and Shanghai exchange rates do not have a significant effect on CSPI. While the dollar exchange rate, Dow Jones Index and world crude oil prices have a significant influence on the composite stock price index (CSPI) with coefficients respectively - 0.41705, +0.21245 and -7.86373. The independent variable that has the most dominant influence on CSPI is Crude Oil (WTI).