Analisis Pengaruh Kurs, Bi Rate Dan Inflasi Terhadap Ihsg Di Bei Periode 2014-2017

Abstract

<p><em>The aim of this study was to determine the effect of macro economic conditions which including the exchange rate, BI rate and inflation of the composite stock price index. The study had used quantitative approach. Determination of the sample was based on time series data periode January 2014 – December 2017 by using saturation sampling method, which resulted 48 as number of samples. This study also had chosen multiple linier regression as attempts to analyze data. The simultaneous test (F test) resulted that the exchange rate, BI rate, and inflation had given significant effect on the stock price index. Meanwhile, the partial test (t test) had indicated that the exchange rate variable and BI rate significantly influenced the stock price index. In contrast, rate of inflation had not showed significant effect on the stock price index. </em><strong><em></em></strong></p>

The Effect of Inflation, Bi Rate, Echange Rate, and Standard and Poor's 500 on the Composite Stock Price Index: An Empirical Study of Manufacturing Companies Listed on the Stock Exchange in 2015-2019

“…Different results are shown from research conducted by Aliyah (2016), which shows that the BI rate has a positive and significant effect on the Jakarta Islamic Index (JII) stock price index. The results of this study are in accordance with research conducted by Nidianti & Wijayanto (2019), which shows that the BI Rate has a significant effect on the JCI.…”

Kurs dan Nilai Perdagangan Saham di BEI Sebelum dan pada Masa Pandemi Covid-19

“…Hal yang sama juga dinyatakan dalam penelitian (Sudirman, 2018) yang mengatakan bahwa perubahan nilai tukar rupiah tengah US Dollar berpengaruh terhadap Indeks Harga Saham Gabungan di BEI selama periode yang diteliti (2010)(2011)(2012)(2013)(2014)(2015). Dalam penelitian yang dilakukan oleh (Nidianti & Wijayanto, 2019) Beberapa literatur penelitian yang digunakan sebelum terjadi pandemi menunjukkan adanya hubungan yang signifikan antara kurs dan perdagangan surat berharga di BEI. Hanya penelitian ini yang dilakukan dengan menggunakan data saat pandemi yang menunjukkan tidak adanya pengaruh signifikan antara kurs dan nilai perdagangan di BEI.…”

Analysis of Macroeconomic Indicators Against the Composite Stock Price Index (CSPI) in Indonesia: Vector Error Correction Model (VECM) Approach

“…Investors will invest their capital in companies that show good performance. It indicates that the exchange rate can affect investors' decisions (Nidianti & Wijayanto, 2019). Utami (2018) identifies the dynamic relationship of stock markets in Indonesia, Malaysia, South Korea, Hong Kong, and the United States and shows that stock markets in these five countries are integrated during and after the crisis so that the volatility of the CSPI can be determined by the volatility of the financial markets of 5 other countries.…”