Kinerja Saham Durable Goods Dan Nondurable Goods Masa Krisis Finansial Global

Abstract

The purpose of this research is to analyze the stock performance of “the durable goods” and “the nondurable goods” during global financial crisis of 2008. The amount of sample used is about 298 kinds of stocks with the data of individual stock index and coupon rate of government bond. The stock performance used Sharpe’s Model. The period of financial crisis divided into two periods: contraction period and recovery period. Hypothesis: (1) there are differences of stock performance between the durable goods and the nondurable goods during each of contraction period and recovery period; (2) there are differences of stock performance between recovery period and contraction period for each of durable goods and nondurable goods. The result of this research showed that: (1) the stock performance of durable goods is insignificantly different than nondurable goods neither for contraction nor recovery period; (2) the stock performance is significantly difference between contraction and recovery period for each of durable goods and nondurable goods. These result was consistant to prior research. Suggestion: the treatment policy of nondurable goods should be the same as durable goods during the contraction and recovery periods, when the global financial market shock occurred

Effect of Current Ratio (Cr), Return on Asset (Roa), Debt to Equity Ratio (Der), Earning Per Share (Eps) on Stock Prices of Building Construction Subsector Companies (J211 Idx-Ic) Listed on the Idx in 2016-2021

“…Laws, regulations governing workplace safety and product safety, levels of economic activity, and the state of the stock market are other external factors that have an impact on stock market prices. Samsul (2011) notes that macroeconomic, microeconomic, and non-economic factors can all have an impact on stock values. Inflation, interest rates, foreign exchange rates, gasoline prices, economic growth rates, and stock index prices are examples of macro variables.…”

“…In addition to the existence of internal and external factors that affect the increase and decrease in stock prices, according to Samsul (2011) stock prices are also influenced by macroeconomic factors (including interest rates, inflation, high and low economic growth, foreign exchange rates to regional stock indexes) and non-economic factors (economic conflicts, domestic political events, legal cases, social problems and international political events) and microeconomics (stock dividends, book value per year, earnings per share, debt equity ratio, earnings per share and other financial ratios).…”