In 2021, Indonesia is known as the country with the largest Muslim population in the world, which is 231,069,932 (data from the Ministry of Trade 2018) or 231 million Muslim population, which is equivalent to 12.7 percent of the Muslim population worldwide. With the largest Muslim population, the Indonesian stock exchange must provide investment facilities that are in accordance with Islamic teachings. So that the Indonesian Sharia Stock Index was formed in 2011. The index consists of all sharia shares listed on the Indonesia Stock Exchange. Many factors affect the price movement of Islamic stock indexes, including gold prices, nickel prices, USD exchange rates, Dow Jones Industrial Average and FTSE Malaysia KLCI. This study focuses on the object of research in the form of the influence of gold prices, nickel prices, USD exchange rates, Dow Jones Industrial Average, and FTSE Malaysia KLCI on the Sharia Stock Price Index in the research period from January 2020 to December 2020, and obtained a total of 230 data. This study uses the Ordinary Least Square method with the classical assumption test, multiple linear regression analysis, simultaneous test (f test), partial test (t test), and coefficient of determination test. The results of the test concluded that gold prices, nickel prices, Dow Jones Industrial Average, and FTSE Malaysia KLCI had a significant effect on Islamic IDX partially during the study period, while partially the USD exchange rate had no significant effect on Sharia IDX. Simultaneously, gold prices, nickel prices, USD exchange rates, Dow Jones Industrial Average, and FTSE Malaysia KLCI have a significant influence on Sharia IDX during 2020 with an adjusted R2 of 0.905720 or 90.57%, while the remaining 9.43% is influenced by other variables. which were not investigated in this study. Keywords: Gold Price, Nickel Price, USD Exchange, Dow Jones Industrial Average, and FTSE Malaysia KLCI, IDX Syariah
Penelitian ini dilakukan pada harga Indeks Harga Saham Gabungan di Bursa Efek Indonesia. Pada penelitian ini menggunakan metode purposive sample sebagai metode pengambilan sampel. Sampel yang digunakan adalah harga emas, harga minyak, kurs tengah Bank Indonesia, suku bunga Bank Indonesia dan IHSG mulai dari Juli 2020 sampai dengan Desember 2020 sehingga di peroleh data observasi sebanyak 121 data. Dalam pengujian hipotesis pada penelitian ini dilakukan melalui lima cara yaitu uji asumsi klasik, analisis regresi linear berganda, uji parsial (uji t), uji simultan (uji f), dan uji koefisiendeterminasi. Dari hasil pengujian eviews didapatkan hasil bahwa harga emas, kurs tengah Bank Indonesia, dan suku bunga Bank Indonesia secara parsial berpengaruh signifikan terhadap IHSG selama periode penelitian, sedangkan harga minyak dunia secara parsial tidak berpengaruh signifikan terhadap IHSG selama periode penelitian. Secara simultan harga emas, harga minyak, kurs tengah Bank Indonesia, dan suku bunga Bank Indonesia memiliki pengaruh yang signifikan terhadap IHSG selama periode penelitian dengan angka adjusted R2 sebesar 0.672175 atau sebesar 67,22%, sedangkan sisanya sebesar 32,78% dipengaruhi oleh variabel lain yang tidak diteliti dalam penelitian ini.
This research was conducted at companies engaged in the property, real estate & building construction sector which are listed on the Indonesia Stock Exchange.In this study using purposive sample method as a sampling method. The number of samples used was 6 companies with research data conducted from 2014 to 2018 so that 30 observational data were obtained. In testing the hypothesis in this study carried out in six ways, namely the regression model test, classical assumption test, multiple linear regression analysis, partial test (t test), simultaneous test (f test), and test the coefficient of determination.From the results of this study it can be concluded that simultaneously all variables have a significant effect on firm value. The results of the regression analysis show an adjusted value of 0.486599, which means that the variation of Current Ratio, Debt to Equity Ratio, Net Profit Margi, Return on Equity and Earning per Share can explain 48.66% of the variation in firm value. While the remaining 51.34% is explained by other variables not examined in this study.
This research was conducted on the price of the Composite Stock Price Index in the Indonesia Stock Exchange. In this study using a purposive sample method as a sampling method. The samples used were world gold prices, additional positive cases of Covid19, and IHSG from July 2020 to December 2020 so that 121 observational data were obtained. In testing the hypothesis in this study, it was carried out in five ways, namely the classical assumption test, multiple linear regression analysis, partial test (t test), simultaneous test (f test), and the coefficient of determination test. From the results of the eviews test, it was found that the addition of positive cases of covid19 and world gold prices affected the JCI both partially and simultaneously with an R square value of 0.416189 or 41.6189%.
Harga saham sangat ditentukan dari penawaran dan permintaan akan saham itu sendiri. Semakin banyak orang yang membeli saham maka harga saham cenderung bergerak naik dan sebaliknya semakin banyak orang yang menjual sahamnya maka harga saham cenderung bergerak turun.Penelitian ini dilakukan bertujuan untuk mengetahui apakah terdapat pengaruh Return on Asset, Price Earning Ratio, Current Ratio, Gross Profit Margin, dan Earnings per Share terhadap harga saham pada perusahaan sektor Infrastructure, Utilities &Transportation.Penelitian ini menggunakan metode penelitian kuantitatif. Teknik sampel pada penelitian ini menggunakan teknik purposive sampling, yaitu dengan menggunakan kriteria yang telah dipilih oleh peneliti dalam memilih sampel. Data yang digunakan adalah data sekunder.Metode statistik yang digunakan adalah uji model estimasi regresi, uji asumsi klasik, uji analisis regresi berganda, uji t, uji simultan F, dan uji koefisien determinasi dengan pegolahan data menggunakan Eviews versi 10.Hasil penelitian ini menunjukan bahwa uji pengaruh secara parsial variabel Return on Asset dan Price Earning Ratio berpengaruh secara positif signifikan terhadap harga saham, sedangkan Current Ratio dan Earnings per Share tidak berpengaruh signifikan, dan Gross Profit Margin berpengaruh negatif dan signifikan terhadap harga saham. Variabel Return on Asset, Price Earning Ratio, Current Ratio, Gross Profit Margin, dan Earnings per Share secara simultan berpengaruh signifikan terhadap Harga Saham.
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