scholarly journals Pengaruh Harga Minyak Dunia, Suku Bunga, Inflasi Dan Nilai Tukar Terhadap Harga Saham Sektor Pertambangan Pada Indeks LQ45 Periode 2011-2018

2019 ◽  
Vol 1 (2) ◽  
pp. 128
Author(s):  
Fitrah Auliana ◽  
Tahmat Tahmat
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Crude Oil ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Oil Price ◽  
Crude Oil Price ◽  
Panel Data Regression ◽  
Data Regression

The purpose of this study is to find out and analyze the influence of partial and simultaneously of external factors of the company specifically crude oil price, interest rate, inflation and exchange rate towards mining stock price. Object of this study are mining companies that listed in Indonesian Stock Exchange and entered in LQ45 indices period of 2011- 2018. Method of analysis in this research is panel data regression analysis. With purposive sampling method, 13 companies obtained that will be the object of research.Based on research results, crude oil price, interest rate, inflation and exchange rate have simultaneously effect towards mining stock prices. But in partially, just crude oil price and interest rate have effect towards mining stock prices, while inflation and exchage rate haven’t partially effect towards mining stock price in LQ45 indices period of 2011-2018.

scholarly journals Impact of Macro - Economic Factors on Indian Stock Market- A Research of BSE Sectoral Indices

2019 ◽  
Vol 8 (2S7) ◽  
pp. 597-602
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Stock Market ◽  
Crude Oil ◽  
Stock Prices ◽  
Gold Price ◽  
Oil Price ◽  
Economic Factors ◽  
Crude Oil Price ◽  
The Impact

Macro-Economic factors plays a major role in decision making. Evaluation of macroeconomic environment is required to examine the behaviour of stock prices, which further influences the investor’s investment behaviour. Even though some macro-economic factors are not directly related to the company or industry, but those factors has an impact on stock prices, further economic activity in the domestic and global level has its own impact on stock market. When economy of the country grows hastily, it leads to faster growth in the industry and vice versa. Financial market plays a central role in the performance of financial system of an economy. Stock market is a market where securities of listed companies are exchanged between different investors, it is very responsive market which, gives a stage to investors to invest their money in various securities. Market indices are the tools to measure the performance of various securities of stock market and Investors make use of those market indices to analyse performance of those industries in which, they prefer to invest. This study takes into account six macro-economic factors (Crude oil Price, Gold Price, Silver Price, Exchange Rate, Inflation and Interest Rate) to study & analyse the impact of these variables on selected sectoral indices at BSE, SENSEX, S&P BSE BANKEX, S&P BSE Oil and Gas, S&P BSE Capital Goods, S&P BSE Consumer Durables, S&P BSE Reality, S&P BSE PSU and S&P BSE Power. The study shows that gold price, exchange rate, consumer price index and interest rate are positively correlated with four indices but crude oil price and silver price have positively correlated with 3 indices. So from the result it is clear that investor need to take of all the variables for their investment decision and the investment banker also take care of these indicators before giving suggestion to their clients

scholarly journals PENGARUH KURS, HARGA CPO (CRUDE PALM OIL) DAN PROFITABILITAS TERHADAP RISIKO SISTEMATIS DAN IMPLIKASINYA TERHADAP HARGA SAHAM

Kinerja ◽  
2020 ◽  
Vol 2 (02) ◽  
pp. 45-67
Author(s):  
Sunaryo ◽  
Denny Kurniawan
Keyword(s):  
Exchange Rate ◽  
Path Analysis ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Systematic Risk ◽  
Negative Influence ◽  
Panel Data Regression ◽  
Data Regression ◽  
Negative Effect

The purpose of this research was to determine the influence of Exchange Rate, CPO Price, Profitability on the systematic risk and its implications on stock price. This research sample is the oil palm sub-sector shares listed on the Indonesia Stock Exchange (IDX) period 2007-2016 by using purposive sampling method. There were 6 stocks selected as samples. The analytical method used is Path Analysis, the development of panel data regression with common effects. The results of the study showed found partially that the Exchange Rate, CPO Prices and Profitability has a significant and negative influence on the Systematic Risk. Exchange rates, CPO prices and Profitability partially has a significant positive effect on stock prices. Systematic Risk has a significant negative effect on Stock Prices. The path analysis results show that Systematic Risk mediates the effect of Exchange Rate and Profitability on Stock Prices. However, Systematic Risk does not mediate the effect of CPO Prices on Stock Prices.

scholarly journals Pengaruh Kurs, Suku Bunga, dan Dividen Pershare Terhadap Harga Saham Pada Sektor Perbankan yang Terdaftar di Bursa Efek Indonesia Tahun 2013– 2017

2018 ◽  
Vol 10 (1) ◽  
pp. 21-33
Author(s):  
Atika Riziqyani ◽  
Gunistiyo ◽  
Niken Wahyu C
Keyword(s):  
Regression Analysis ◽  
Exchange Rate ◽  
Interest Rate ◽  
Linear Regression ◽  
Stock Prices ◽  
Stock Price ◽  
Banking Sector ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Share Price

The effect of exchange rate, interest rate and dividend of share price on banking sector which is listed in Indonesia Stock Exchange year 2013-2017. Essay. Tegal: Faculty of Economics and Business Universitas Pancasakti Tegal,2018. The purpose of this study is to determine the ability of investors in considering stock prices in the banking sector in 2013-2017. Hypothesis in this research is 1) exchange rate effect on stock price. 2) interest rates affect the stock price. 3) dividend pershare effect on stock price. 4) exchange rate, interest rate and dividend pershare simultaneously affect the stock price. The population used in this study is a banking company that publishes stock prices listed on the Indonesia Stock Exchange in 2013-2017. The sample in this research are 21 banking companies. With technique of sampling using purposive sampling. The data in this research is quantitative data. Sources of data in this study are secondary sources obtained from the share price of an annual banking company published in Indonesia Stock Exchange period 2013-2017. Data collection techniques using documentation techniques. Data analysis method using descriptive statistic, classical assumption test, simple linear regression analysis, multiple linear regression analysis and coefficient of determination, then obtained the result of research that the exchange rate does not have a significant effect on stock prices, the interest rate does not significantly influence the stock price, against stock price, exchange rate, interest rate and dividend pershare have significant effect to stock price.

scholarly journals THE EFFECT OF ALTMAN Z – SCORE FINANCIAL RATIO ON STOCK PRICE (STUDY ON GO PUBLIC PLANTATION SUBSECTOR COMPANIES IN INDONESIA STOCK EXCHANGE)

2020 ◽  
Vol 1 (1) ◽  
pp. 43-55
Author(s):  
Muhammad Fachri Radityatama ◽  
Matrodji H. Mustafa
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Stock Exchanges ◽  
Annual Data ◽  
Z Score ◽  
Financial Ratio ◽  
Panel Data Regression ◽  
Data Regression ◽  
Retained Earnings

This study aims to examine and analyze the effect of the ratio - financial ratios Altman Z-Score on stock prices (study at the plantation subsector company that went public on the stock exchanges of Indonesia). The research data is annual data from 2014 until 2018. The sampling method used was purposive sampling. Of the population of 16 companies in the plantation subsector, 15 companies met the criteria plantation sub-sector into the sample. The analytical method used in this study is panel data regression. The results showed Working Capital to Total Assets (WCTA), Retained Earnings to Total Assets (RETA), Earnings Before Interest and Tax (EBITTA) and Market Value Equity to Book Value of Total Liabilites (MVEBTL) together - the same (simultaneous) effect significant positive stock price

scholarly journals Impact of Foreign Exchange Reserve, Exchange Rate and Crude Oil Price on Dhaka Stock Exchange Index: An Empirical Evidence from Vector Error Correction Model

2020 ◽  
Vol 4 (1) ◽  
pp. 134-143
Author(s):  
Uttam Golder ◽  
Md. Nazrul Islam ◽  
Md. Shahidullah Kayser
Keyword(s):  
Exchange Rate ◽  
Crude Oil ◽  
Foreign Exchange ◽  
Stock Exchange ◽  
Oil Price ◽  
Foreign Exchange Reserve ◽  
Crude Oil Price ◽  
Vector Error Correction ◽  
Vector Error ◽  
Long Run

The supreme thrust of the present analysis is to explore the influences of foreign exchange reserve, exchange rate, and crude oil price on the stock index of the Dhaka stock exchange (DSE) of Bangladesh. Moreover, this study evaluates the identity of any unpremeditated relationship among the variables from the viewpoint of an emerging country like Bangladesh. Through using monthly time-series data, this study tries to discover the evidence of a long-run affiliation among the variables by using Johansen’s Cointegration test and Vector Error Correction Model (VECM). Besides, the Granger Causality technique is introduced to examine the casualty among variables where the empirical results show a causal linkage between the Dhaka stock exchange index, foreign exchange reserve, and exchange rate, moving only in one way from Dhaka stock exchange index to foreign exchange reserve and exchange rate. In contrast, no causal link was identified between Dhaka stock exchange indexes and crude oil prices. Lastly, Impulse Response Function suggests a permanent effect of all selected macroeconomic factors on the Dhaka stock exchange index in the long run and Variance Decomposition Analysis settles that, the reform in Dhaka stock exchange index can be caused by the innovation in foreign exchange reserve, exchange rate, and crude oil price.

scholarly journals PENGARUH VARIABEL MAKROEKONOMI TERHADAP INDEKS HARGA SAHAM SYARIAH (STUDI KASUS DI INDONESIA DAN MALAYSIA)

2018 ◽  
Vol 9 (2) ◽  
Author(s):  
DESY TRISHARDIYANTI ADININGTYAS
Keyword(s):  
Exchange Rate ◽  
Crude Oil ◽  
Stock Price ◽  
Price Index ◽  
Gold Price ◽  
Oil Price ◽  
Crude Oil Price ◽  
Short Term ◽  
Correction Model

Abstract. The Effect of Macroeconomic Variables on Sharia Stock Price Index (Case Study in Indonesia and Malaysia). The purpose of this research is to know the effect of macroeconomic variables (inflation, exchange rate, world crude oil price and world gold price) on sharia stock price index in Indonesia and Malaysia. By using Error Correction Model as the method, this research utilizes time series monthly data from March 2015 until February 2018. The finding shows that in long-term, inflation in Indonesia, exchange rate of rupiah, world crude oil price and world gold price had significant effect on Jakarta Islamic Index. In short-term, inflation in Indonesia, world crude oil price, world gold price had not significant effect on Jakarta Islamic Index and exchange rate of rupiah had significant effect on Jakarta Islamic Index. Meanwhile, inflation in Malaysia, world crude oil price, world gold price had not significant effect on FTSE Bursa Malaysia Hijrah Syariah Index in long-term and short-term. And exchange rate of ringgit had significant effect on FTSE Bursa Malaysia Hijrah Syariah Index in long-term and short-term.   Abstrak. Pengaruh Variabel Makroekonomi Terhadap Indeks Harga Saham Syariah (Studi Kasus di Indonesia dan Malaysia). Tujuan dari penelitian ini adalah untuk mengetahui pengaruh variabel makroekonomi (inflasi, kurs, harga minyak mentah dunia dan harga emas dunia) terhadap indeks harga saham syariah di Indonesia dan Malaysia. Penelitian ini menggunakan metode Error Correction Model, dengan data time series bulanan dari Maret 2015 sampai dengan Februari 2018. Hasil penelitian ini menunjukan bahwa pada jangka panjang, inflasi Indonesia, kurs rupiah, harga minyak mentah dunia dan harga emas dunia berpengaruh terhadap Jakarta Islamic Index. Pada jangka pendek, inflasi Indonesia, harga minyak mentah dunia, harga emas dunia tidak berpengaruh terhadap Jakarta Islamic Index dan kurs rupiah berpengaruh terhadap Jakarta Islamic Index. Sementara itu, inflasi Malaysia, harga minyak mentah dunia, harga emas dunia tidak berpengaruh terhadap FTSE Bursa Malaysia Hijrah Syariah Index pada jangka panjang dan jangka pendek. Dan kurs ringgit berpengaruh terhadap FTSE Bursa Malaysia Hijrah Syariah Index pada jangka panjang dan jangka pendek.

scholarly journals Pengaruh Corporate Social Responsibility Terhadap Nilai Perusahaan Dengan Profitabilitas Sebagai Variabel Moderating

2021 ◽  
Vol 1 (2) ◽  
pp. 157
Author(s):  
Rival Rohmawan ◽  
Yeni Oktaviani ◽  
Pitri Yandri
Keyword(s):  
Stock Prices ◽  
Firm Value ◽  
Stock Price ◽  
Sampling Method ◽  
Stock Exchange ◽  
Manufacturing Companies ◽  
Analysis Method ◽  
Panel Data Regression ◽  
Data Regression ◽  
Corporate Social

This study aims to test the effect of CSR on firm value (stock price) with profitability as a moderating variable with quantitative approach on the 7 manufacturing companies listed in Indonesia stock Exchange (BEI) in the period from 2013 to 2019, so there are 49 observational data acquired. The sampling method using purposive sampling with the criteria that have been determined. Data analysis method used is the analysis of panel data regression with the aid of EViews 10. The results showed that CSR does not affect the Profitability of the proxies ROA can not strengthen the influence of CSR on stock price. Simultaneously, CSR and profitability as a moderating effect on stock prices.

scholarly journals CRUDE OIL PRICE, STOCK PRICE AND SOME SELECTED MACROECONOMIC INDICATORS: AN IMPLICATION ON THE GROWTH OF NIGERIAN ECONOMY

2021 ◽  
Vol 5 (2) ◽  
Author(s):  
Idowu Paul Olanitori ◽  
Olaiya Hawley Ademulegun ◽  
Olateru Olagbegi Adeparubi
Keyword(s):  
Exchange Rate ◽  
Crude Oil ◽  
Stock Price ◽  
Exchange Rate Policy ◽  
Oil Price ◽  
Crude Oil Price ◽  
Economic Activities ◽  
Forecast Horizon ◽  
Macroeconomic Variables ◽  
Long Run

Since the first oil price oscillation in 1973s, macroeconomists have viewed sharp measures in the price of oil are generally as an important source of economic vacillations. The go-slow of economic activities has important implications for economic agents and markets. Therefore, this paper models and forecasts the crude oil price, stock price and selected macroeconomic variables in Nigeria. A model predicated on the Keynesian model using yearly data between 1986 and 2016 and analysed using VECM and GARCH approaches. The findings showed that there is long run relationship through Vector Error Correction Model which was achieved well in forecasting the selected macroeconomic variables while the volatility in crude oil price and stock price causes by external and internal forces also captured by General Autoregressive Conditional Heteroskadasticity. The long run negative effect of macroeconomic variable on economy growth can be controlled by making strong fiscal and monetary policies. The 2016 recession was reinforced by all share index and exchange rate as the path of growth declined over the forecast horizon. Further checks carried out using normality test validated the choice of this work. The paper concludes that monetary and exchange rate policy consistency are decisive for smoothening business rotation vacillations and promoting market stability. JEL: L10; E30 <p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/edu_01/0851/a.php" alt="Hit counter" /></p>

The Impact of Crude Price and Exchange Rate Toward Stock Price of Oil Company

2015 ◽  
Vol 21 (4) ◽  
pp. 792-794
Author(s):  
Syelvi Cahyadi ◽  
Togar Alam Napitupulu
Keyword(s):  
Exchange Rate ◽  
Crude Oil ◽  
Stock Price ◽  
Oil Industry ◽  
Oil Price ◽  
Crude Oil Price ◽  
Tax Rate ◽  
Exploratory Stage ◽  
The Impact ◽  
Oil Company

Predicting the stock price in oil industry is considered very important because oil industry is a heavily capital intensive industry that require substantial amount of capital not only to operate, but including in the exploratory stage. For this reason, it is important to know what would be the factors that affect such price. The objective of the study then is to find such factor or variables, while it is significantly related to the stock price, it also have to be easily acquired. We begun by presuming that crude oil price and exchange rate–tax rate were of such factors. The results indicated indeed crude oil price positively affects stock price with a magnitude of 14.85 points. Similarly, exchange rata also positively affecting stock price with magnitude of 0.27 points. As such it is they are important factors to consider in predicting stock price of the Oil Company and hence important indicators for investors to be considered in making decision to buy or not to buy.

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