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.

scholarly journals The Impact of International Sanctions on Russian Financial Markets

Economies ◽  
2020 ◽  
Vol 8 (4) ◽  
pp. 107
Author(s):  
Mirzosaid Sultonov
Keyword(s):  
Exchange Rate ◽  
Stock Price ◽  
Price Index ◽  
The United States ◽  
The European Union ◽  
Stock Price Index ◽  
The Exchange Rate ◽  
Long Term Impact ◽  
The Impact

Russia’s international comportment and geostrategic moves, particularly the invasion of Ukraine and the annexation of Crimea in 2014, caused a substantial change in its international economic and political relations. In response to Russia’s invasion, the United States of America, the European Union, and their allies imposed a series of sanctions. In this study, by applying an exponential generalized autoregressive conditional heteroscedasticity model to daily logarithmic returns of the ruble exchange rate and the closing price index of the Russian Trading System, we analyze how the returns and volatility of the exchange rate and the stock price index responded to the sanctions and oil price changes. The estimation results show that the sanctions have a significant positive short-term impact on exchange rate returns. Economic sanctions have a significant negative long-term impact on the returns and variance of the exchange rate and a significant positive long-term impact on the returns of the stock price index. Financial sanctions have a positive/negative long-term impact on the returns of the exchange rate/stock price index and a positive long-term impact on the variance of the exchange rate and the stock price index. Corporate sanctions have a positive long-term impact on exchange rate returns.

scholarly journals Factors Affecting the Composite Stock Price Index during Covid-19 Pandemic Crisis

JEJAK ◽  
2021 ◽  
Vol 14 (2) ◽  
pp. 333-344
Author(s):  
Ariodillah Hidayat ◽  
Liliana Liliana ◽  
Sri Andaiyani
Keyword(s):  
Exchange Rate ◽  
Stock Price ◽  
Price Index ◽  
Linear Regression Analysis ◽  
Oil Prices ◽  
Series Data ◽  
Factors Affecting ◽  
Independent Variables ◽  
The World ◽  
Stock Price Index

This paper aims to analyze factors affecting the Composite Stock Price Index (IHSG) on the Jakarta Stock Exchange (IDX) during the Pademi Corona Crisis. This study uses the multiple linear regression analysis technique where the variable number of confirmed Covid-19 cases in the world, the number of confirmed Covid-19 cases in Indonesia, the Rupiah exchange rate per 1 US dollar,  and the world crude oil price are used as independent variables (X) and the IHSG as the dependent variable (Y), the data used in this study are weekly time series data from the period December 2019 to September 2020. Based on the results of variable regression between the IHSG, Exchange Rates, Oil Prices, cases of COVID-19 in Indonesia and COVID-19 World, It is concluded that collectively the independent variables have a significant effect on the IHSG. Partially, Oil Prices, COVID-19 cases in Indonesia and COVID-19 cases in the world have a significant effect on the IHSG. Meanwhile, the exchange rate has no significant effect on the IHSG.

scholarly journals KURS RUPIAH, INDEKS NIKKEI 225, BI RATE, DAN PENGARUHNYA TERHADAP STOCK EXCHANGE INDEKS HARGA SAHAM GABUNGAN (IHSG) PERIODE TAHUN 2018-2020

2021 ◽  
Vol 3 (1) ◽  
pp. 75-81
Author(s):  
Andini Nurwulandari
Keyword(s):  
Exchange Rate ◽  
Stock Price ◽  
Price Index ◽  
Stock Exchange ◽  
Test Results ◽  
Stock Price Index ◽  
Using Data ◽  
Mixed Stock ◽  
The Impact ◽  
Positive Effect

Gross Domestic Product (GDP) growth is a constructive indicator and vice versa. A rise in GDP affects the buying power of citizens positively. It will therefore raise demand for the commodity. A surge in the market for goods raises the firm's earnings and may also increase the stock price. The analysis was designed to examine the impact on composite stock price index using data from time series from January 2018 to December 2020 of Rupiah Exchange rate, Nikkei 225 Index, and BI Rate. Multiple linear regression is used in the mixed Stock Price Index scheme to identify the relevant influence of BI on the Rupiah and Nikkei 225. The test results show that the BI rate has a significant positive effect on the Rupiah exchange rate for the composite stock pricing index. Meanwhile, the Nikkei 225 Index has no impact on the Composite Stock Price Index.

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 Effect of Rupiah Exchange Rate, GDP Growth, and Dow Jones Index on Composite Stock Price Index in Indonesia Stock Exchange

2018 ◽  
Vol 1 (01) ◽  
pp. 23-32
Author(s):  
Wiwik Handayani ◽  
Safitri Oktavia
Keyword(s):  
Exchange Rate ◽  
Capital Market ◽  
Stock Price ◽  
Price Index ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Gdp Growth ◽  
Jones Index ◽  
Stock Price Index

  A capital market is a meeting place for stock sellers and buyers with the aim of getting maximum profits. To get these benefits, investors need information about the stock price index. Factors that influence the Stock Price Index are important information for investors. The composite stock price index (CSPI) is one of the main indicators that reflects the performance of the capital market whether it is experiencing an increase or is experiencing a decline. These factors include the rupiah exchange rate, GDP growth, and the Dow Jones index. This study aims to prove and analyze the effect of the rupiah exchange rate, GDP growth, and the Dow Jones index Average (DJIA) on the composite stock price index on the Indonesia stock exchange for the period 2012-2015. The population and sample of this study are forty-eight CSPI data from the Indonesia Stock Exchange. Data is collected by means of documentation and then analyzed. The data analysis technique used in this study is multiple linear regression analysis techniques. Based on the results of the analysis it is known that the rupiah exchange rate has no effect on the Composite Stock Price Index (CSPI). While GDP growth and the Dow Jones index Average (DJIA) have affected the Composite Stock Price Index (CSPI). For further research, it is considered necessary to review other factors that can influence the movement of the stock price index, for example, the company's fundamental factors such as profit, loss, financial ratios, and others. Keywords: Exchange Rate, GDP Growth, The Dow Jones (DJIA), Composite Stock Price Index (CSPI).

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.

ANALISIS FAKTOR YANG MEMPENAGRUHI PASAR MODAL DAN PEREKONOMIAN DI INDONESIA

2019 ◽  
Vol 1 (4) ◽  
Author(s):  
Yoki Wesya ◽  
Hasdi Aimon ◽  
Ariusni Ariusni
Keyword(s):  
Exchange Rate ◽  
Stock Price ◽  
Price Index ◽  
Positive Impact ◽  
Government Expenditure ◽  
Private Investment ◽  
Stock Price Index ◽  
The Government ◽  
The Impact ◽  
Index Exchange

This research aims to knows impact of composite stock price index, exchange rate and value of traded share to capital market and analyze the impact of capital market to indonesia’s economics using two stage least squares (TSLS). The first equation to seek the impact of composite stock price index, exchange rate dan and value of traded share to capitalism stock. The results of this research showed composite stock price index, exchange rate, value of traded share have significant positive impact to capitalism stock.. The second equation to seek the impact of consumption, government expenditure, capitalism stock, private investment and net export to Indonesia’s economic. The results of this research showed consumption have significant positive to Indonesia’s economic. Government Expenditure, Capitalism stock, Private investment, Net export  have unsignificant impact to indoneisa’s economic. From the results of this research we can suggest to the government give more attentiont indicators that able to support the indonesia’s economic and overcome negative side lowers the indonesia’s economic. And that the government will be able to control the investments made in order to have a positive impact to indonesia’s economic. And also expected for investors to further increase their investment so that increasing employment opportunities and making the indonesia’s economic.

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

The world economy

1998 ◽  
Vol 165 ◽  
pp. 35-42
Author(s):  
Nigel Pain
Keyword(s):  
Capital Market ◽  
World Trade ◽  
Global Economy ◽  
World Economy ◽  
Domestic Demand ◽  
The World ◽  
Asian Economies ◽  
Trade Growth ◽  
The Impact ◽  
The Capital Market

Developments in the Asian economies have clearly begun to be felt in the wider global economy in recent months. It has always been expected that the OECD economies would be affected by the aftermath of the capital market turmoil last year, although the timing and magnitude of the impact was difficult to predict. Domestic demand in the affected Asian economies has proved much weaker than expected, with the effects magnified by a continued downturn in Japan. GDP fell by 5¾ per cent in Korea in the first quarter of this year and by 1¼ per cent in Japan. The aggregate volume of merchandise imports in Asia is expected to decline by around 5½ per cent this year, with falls of up to 25 per cent in countries such as Korea, Thailand and Indonesia. This largely accounts for our projected decline in world trade growth to under 6 per cent this year from an estimated 9¾ per cent in 1997.

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