KURS IDR, KURS JPY, Indeks DJIA, serta Harga Minyak Dunia terhadap IDX pada Tahun 2017-2021

Abstract

This study aims to analyze the development of the index of the influence of the IDR exchange rate, JPY exchange rate, DJIA index, and world oil prices on IDX to find out how the development of stock price index to IDR, JPY exchange rate, DJIA index, and world oil prices to IDX in 2017-2021 . The research method used is descriptive quantitative. The analytical method used is a statistical method, namely multiple linear regression analysis. The results showed, based on the linear regression test, the equation was obtained, namely IDX t = -4040.77 -0.144IDR + 50.011JPY + 0.113DJIA + 0.237oil + 0.492 IDX t-1. In conclusion, the IDR exchange rate, JPY exchange rate, DJIA, and world oil prices together have a positive and significant effect on the dependent variable, namely IDX.
 Keywords: DJIA, IDR, IDX

Exploring the role of domestic and foreign factors in Indonesian Islamic mutual funds

“…The shift in public investment will affect the decline in the NAV of Islamic mutual funds. Rising oil prices also cause increased operational costs, affecting share prices in the Indonesian capital market (Nurwulandari, 2022).…”

“…Oil prices significantly impact all aspects of economic activity (Miha & Laila, 2017). The increase in oil prices can increase the company's operating costs, which results in the company's performance decreasing (Nurwulandari, 2022). The decline in company performance will affect the company's share price, which makes investors divert their investments to other more profitable investment instruments so that the NAV of mutual funds also decreases.…”