scholarly journals PENGARUH SUKU BUNGA REVERSE REPO RATE DAN INFLASI TERHADAP RETURN SAHAM (Studi Empiris Pada Perusahaan Sektor Keuangan Yang Terdaftar Di Bursa Efek Indonesia Periode 2016-2018)

2020 ◽  
Vol 15 (1) ◽  
Author(s):  
Sandi Rendy Tumundo ◽  
Syaikhul Falah ◽  
Bill J.C Pangayow
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Stock Return ◽  
Stock Exchange ◽  
Financial Sector ◽  
Significance Test ◽  
T Test ◽  
Repo Rate ◽  
The Interest Rate ◽  
Simple Regression

This research aims to see the influence of the interest rate (reverse) repo rate directly and indirectly through inflation on the return of shares as well as interest rates (reverse) The repo rate to inflation and inflation on the return of shares, the financial sector companies listed on the Indonesia Stock Exchange in June year 2016 to December year 2018.Results showed that the interest rate (reverse) repo rate has no significant effect either directly and indirectly through inflation on return of shares, can be seen from the analysis of the line and calculation of Sobel test in get t count is-3.64 whereas T table is 2.0518 (significance 0.05) then, in the view of T count (-3.64) < T table (2.0518) meaning there is no while the interest rate (reverse) repo rate has a significant effect on inflation in the see of simple regression rates of reverse repo rate against inflation based on T-Test sig value of 0.05 < 0.05, and inflation also significantly and partial impact on the stock return with the value of the significance test T is 0.041. (0.041 < 0.05) and T count2.150 > 2.0518 t tables.

scholarly journals Pengaruh Inflasi Dan Suku Bunga Terhadap Return Saham Dengan Profitabilitas Sebagai Variabel Intervening Di Perbankan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2013-2015

2018 ◽  
Vol 2 (1) ◽  
pp. 67
Author(s):  
Wulan Kurniasari ◽  
Adi Wiratno ◽  
Muhammad Yusuf
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Stock Returns ◽  
Indirect Effect ◽  
Stock Return ◽  
Stock Exchange ◽  
Direct Influence ◽  
Good Investment ◽  
Independent Variable ◽  
The Interest Rate

This study aims to prove empirically that inflation and interest rates have a direct infuence on stock returns with ROA as intervening variables on Bankings listed in Indonesian Stock Exchange. The purposive sampling method used has certain criteria on samplings which published financial statements in 2013-2015 with documents in the average of a quartal of 10 banking industries based on Bank 3 book. This research shows the direct and indirect effect of using multiple linear regression to prove contribution of independent variable to dependent partially and simultaneously to stock return and using path analysis as the best intervening effect. Partial test result (t test) inflation and interest rate have direct influence to stock return with result of data of t-calculate> t-table is -4.000> 1.658 and -3.734> 1.658. ROA does not have a direct influence on stock return partial test results (Test t) t-count <t-table is 1.531 <1.658. Inflation has an indirect effect on stock return through ROA the result of 0.012 and the interest rate has indirect effect on stock return through ROA results 0.011. So, this research results can be used as information for investors and stakeholders in determining a good investment in Banking

scholarly journals Pengaruh Tingkat Suku Bunga, Inflasi Dan Nilai Kurs Terhadap Harga Saham Perusahaan Perhotelan Yang Terdaftar Di Bursa Efek Indonesia Per Triwulannya Periode 2016-2018

2021 ◽  
Vol 4 (2) ◽  
pp. 871-877
Author(s):  
Rahmat Dewa Bagas Nugraha ◽  
H.M Nursito
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Exchange Rates ◽  
Interest Rates ◽  
Quantitative Study ◽  
Stock Prices ◽  
Stock Exchange ◽  
Secondary Data ◽  
Ratio Analysis ◽  
The Interest Rate

This study aims to determine and analyze the factors that affect stock prices through appropriate ratio analysis. As for the ratio of interest rates, inflation and exchange rates. Researchers want to know and analyze the effect partially or simultaneously between interest rates, inflation, and exchange rates on stock prices. This research is a quantitative study using secondary data. The object of this research is hotel companies listed on the Indonesia Stock Exchange for the period 2016-2018. The sample used in this study were 3 hotel with certain characteristics. The results of research simultaneously using the F test show that there is no influence between interest rates, inflation and exchange rates on stock prices because the calculated value is smaller than the table. Partially with the t test it can be concluded that there is no influence between interest rates on stock prices because the tcount value in the interest rate variable is smaller than the t table. Likewise, the t calculation of inflation and the exchange rate is smaller than the t table, so that there is no partial effect of the two variables on stock prices. Keywords: Stock Prices, Interest Rates, Inflation and Exchange Rates

Does the slope of the yield curve of the interbank market influence prices on the Warsaw Stock Exchange? A sectoral perspective

2021 ◽  
Vol 67 (4) ◽  
pp. 294-307
Author(s):  
Ewa Majerowska ◽  
Jacek Bednarz
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Term Structure ◽  
Yield Curve ◽  
Stock Exchange ◽  
Rate Curve ◽  
Daily Data ◽  
Warsaw Stock Exchange ◽  
The Interest Rate ◽  
Relationship Of

The interest rate curve is often viewed as the leading indicator of economic prosperity in a broad sense. This paper studies the ability of the slope of the yield curve in the term structure of interest rates to impact the sectoral indices on the Warsaw Stock Exchange, using daily data covering the period from 1 January 2001 to 30 September 2020. The results of the research indicate an ambiguous dependence of the logarithmic rates of return of sub-indices on the change of the interbank interest rate curve. The only sectors showing a clear relationship of this type is energy and pharmaceuticals.

ANALISIS PERBANDINGAN PEMBIAYAAN KPR TERHADAP SUKU BUNGA KOMPETITIF FIX & CAP PADA PT. BANK CENTRAL ASIA, Tbk.

2017 ◽  
Vol 2 ◽  
pp. 307-314
Author(s):  
Oktaviana Ayu Wulandari ◽  
Rachma Zannati
Keyword(s):  
Interest Rate ◽  
Data Collection ◽  
Interest Rates ◽  
Central Asia ◽  
Trend Analysis ◽  
T Test ◽  
Rate Data ◽  
Analysis Method ◽  
The Interest Rate ◽  
Home Mortgage

This study aims to determine the differences and trends between home mortgage financing to competitive interest rates at PT. Bank Central Asia, Tbk. In this study, the sample used is the interest rate data in the year 2009-2016. Data collection techniques used in this study through observation and interview techniques. The analysis method used is independent t-test and trend analysis test using SPSS 20.0 for Windows program. Based on the result of research, sig-t is obtained 0,023

scholarly journals Analysis of the Money Supply and Interest Rate of Inflation in Indonesia

The Winners ◽  
2016 ◽  
Vol 17 (1) ◽  
pp. 9
Author(s):  
Darman Darman
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Money Supply ◽  
Direct Relationship ◽  
Secondary Data ◽  
T Test ◽  
Quantitative Approach ◽  
F Test ◽  
Simultaneous Test ◽  
The Interest Rate

Articleaimed to assess and analyze the effect of money supply and the interest rate on Inflation in Indonesia. This research applied descriptive quantitative approach with the nature of the explanatory method verification. The data used was secondary data in the money supply, interest rate and Inflation in Indonesia in 2000-2014. The results of this article are the partial test (t-test) indicates the money supply (X1), the rate of interest (X2) and there is no effect on Inflation (Y). While the results of the simultaneous test (F test) shows a strong and direct relationship between money supply and the interest rate on inflation. This means that the money supply and interest rates affect the rise and fall of inflation in Indonesia.

The “black box” of the interest rate channel of monetary policy

2020 ◽  
pp. 5-21
Author(s):  
S. R. Moiseev
Keyword(s):  
Monetary Policy ◽  
Interest Rate ◽  
Interest Rates ◽  
Open Economy ◽  
Small Open Economy ◽  
Financial Sector ◽  
General Terms ◽  
The Government ◽  
The Interest Rate ◽  
Interest Rate Channel

In the economic literature authors believe that central banks manage long-term interest rates on loans through the short-term money market interest rate in order to maintain price stability and balanced economic growth. However, macroeconomic theory tells extremely sparingly about the interest rate channel of monetary policy. In general terms, it conducts changes through a term premium and expectations in the government securities market. In applied research, economists only observe the final reaction of lending rates to the non-financial sector. Economists traditionally believe that the interest rate channel requires a developed financial sector. In some cases, in particular, at zero rates or in a small open economy that depends on the exchange rate, the interest rate channel works poorly. However, its effectiveness can be maintained without developed financial markets. The answer is the pricing of banking loans.

scholarly journals Do Interbank Interest Rates Matter for Stock Prices at Nepal Stock Exchange?

Pravaha ◽  
2020 ◽  
Vol 26 (1) ◽  
pp. 165-170
Author(s):  
Rajesh Gurung
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Distributed Lag ◽  
Long Run ◽  
Auto Regressive ◽  
The Interest Rate ◽  
Bound Test

This study examines an auto-regressive distributed lag (ADRL) modeling approach to develop the relationship between the stock price and interest rate in the context of Nepal, using the monthly data for the period from July 1996 to January 2019. NEPSE Index in Nepal Stock Exchange Limited is used for the stock prices and interbank interest rate released in Quarterly Economic Bulletin of Nepal Rastra Bank is used for the interest rate. The bound test for co-integration and estimated negative coefficient of long-run regression results justified by the Error Correction Mechanisms (ECM) establishes a valid negative long-run association between the INTEREST and PRICE. This suggests important considerations for policies towards an interest rate stabilization for the stock price stability and further development of the stock market in Nepal.

scholarly journals Time Series Dynamics of Short Term Interest Rates in Turkey

2021 ◽  
Vol 11 (1) ◽  
pp. 92
Author(s):  
Emel Siklar ◽  
Ilyas Siklar
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Financial Models ◽  
Frequency Data ◽  
Short Term ◽  
High Volatility ◽  
Rate Functions ◽  
Repo Rate ◽  
The Interest Rate ◽  
Weekly Frequency

Interest rate functions as the cornerstone for the heavy majority of the financial models. The high volatility in interest rates in the financial crisis of 2008/09 and resulting increased uncertainty led many researchers to focus on modeling the dynamics of changes in short term interest rates. This study aims to analyze the volatility of short-term interest rate in Turkey in terms of overnight repo rate and to forecast this rate for the next six months by modelling this volatility. For this purpose, the ARCH family models like ARCH, GARCH and EGARCH were preferred to use since they are the most common methods in the literature. Using the weekly frequency data for the period of January 2002 - January 2021, the model that best describes the stochastic volatility in the data was found to be the GARCH (1.1) model. As a result of the fact that the in-sample estimates were found sufficient, the interest rate estimates for the next 6 months were realized.

scholarly journals Analysis of the effect on inflation, interest rate, dow jones Islamic Malaysia Index and profitability on stock prices as selected as Indonesia Sharia Stock Index

2020 ◽  
Vol 2 (2) ◽  
pp. 259
Author(s):  
Sofyan Halim
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Stock Prices ◽  
Stock Exchange ◽  
Significance Test ◽  
Stock Index ◽  
Coefficient Of Determination ◽  
Return On Assets ◽  
Jones Index ◽  
Inflation Rates

<p class="IABSSS"><strong>Purpose</strong> - The purpose of this study was to analyze what influences the change in the ISSI price index. The analysis was based on the phenomena and hypotheses that occur in the capital market by examining whether there is an influence of inflation rates, interest rates, and the Dow Jones Islamic Malaysia Index as external factors, as well as profitability such as Return on Assets and Earning per Share as internal factors that have an influence on changes and fluctuations in the Sharia Stock Index.</p><p class="IABSSS"><strong>Method </strong>- The population in this study are all stocks that are encoded in the Indonesia Sharia Stock Index (ISSI) listed on the Indonesia Stock Exchange. Based on the Sharia Stock Exchange and the number of shares indexed by ISSI was 408 shares which shares were classified into 11 types of business. The study was conducted by analyzing multiple regression with t-test, significance test, F test, and classical assumption test.</p><p class="IABSSS"><strong>Result</strong> - Based on the research results of bank interest rates and the Dow Jones Islamic Malaysia Index which affect stock prices indexed as Indonesia Sharia Stock, the two variables are the external influence of the issuers of the shares. And the majority of these stock prices are strongly influenced by variable factors not examined.</p><p class="IABSSS"><strong>Implication</strong> - This research indicates that the factors that influence stock prices indexed as Islamic stocks in Indonesia, the analysis of the coefficient of determination is not significant at 0.6%, to find out other factors, other variables are needed for further research.</p><strong>Originality </strong> - This research is a continuation of previous research but uses different variables from previous researches, where the dependent variable is stock prices indexed as Indonesian Islamic stocks and the independent variable is the inflation rate, interest rate, and the Malaysian Islamic Dow Jones Index as factors.

Sign in / Sign up

Export Citation Format

Share Document