The Effect of Exchange Rate and Inflation on the Composite Stock Price Index

The Composite Stock Price Index is the main board index that reflects the stock index listed on the capital market. Macroeconomics is the benchmark to determine the movement of the Composite Stock Price Index in the capital market, one of which in this study is the exchange rate and inflation. The...

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Main Authors: Taufik Sadikin R, Mohamad Lutfi
Format: Article
Language:English
Published: Bandung: Prodi Manajemen FE Universitas Langlangbuana 2022-08-01
Series:Almana: Jurnal Manajemen dan Bisnis
Subjects:
Online Access:http://journalfeb.unla.ac.id/index.php/almana/article/view/1914
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author Taufik Sadikin R
Mohamad Lutfi
author_facet Taufik Sadikin R
Mohamad Lutfi
author_sort Taufik Sadikin R
collection DOAJ
description The Composite Stock Price Index is the main board index that reflects the stock index listed on the capital market. Macroeconomics is the benchmark to determine the movement of the Composite Stock Price Index in the capital market, one of which in this study is the exchange rate and inflation. The purpose of this study is to find out how much influence the exchange rate variable has on the Composite Stock Price Index, to find out how much influence the inflation variable has on the Composite Stock Price Index, and to find out how much influence the exchange rate and inflation variables have on the Composite Stock Price Index. The research method used in this study is descriptive and verification method and the type of sample used is random sampling where all populations are entitled to be part of the sample with the analytical method used is multiple linear regression. The results of this study indicate that the exchange rate has a negative effect on the Composite Stock Price Index and inflation partially has no effect on the Composite Stock Price Index, while simultaneously in this study, the Composite Stock Price Index responds to the influence of the exchange rate and inflation.
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spelling doaj.art-23a9dcff24fe47e6bd4230129c1c98e12023-12-03T04:17:58ZengBandung: Prodi Manajemen FE Universitas LanglangbuanaAlmana: Jurnal Manajemen dan Bisnis2579-48922655-83272022-08-016210.36555/almana.v6i2.1914The Effect of Exchange Rate and Inflation on the Composite Stock Price IndexTaufik Sadikin R0Mohamad Lutfi1Universitas Langlangbuana, IndonesiaUniversitas Langlangbuana, Indonesia The Composite Stock Price Index is the main board index that reflects the stock index listed on the capital market. Macroeconomics is the benchmark to determine the movement of the Composite Stock Price Index in the capital market, one of which in this study is the exchange rate and inflation. The purpose of this study is to find out how much influence the exchange rate variable has on the Composite Stock Price Index, to find out how much influence the inflation variable has on the Composite Stock Price Index, and to find out how much influence the exchange rate and inflation variables have on the Composite Stock Price Index. The research method used in this study is descriptive and verification method and the type of sample used is random sampling where all populations are entitled to be part of the sample with the analytical method used is multiple linear regression. The results of this study indicate that the exchange rate has a negative effect on the Composite Stock Price Index and inflation partially has no effect on the Composite Stock Price Index, while simultaneously in this study, the Composite Stock Price Index responds to the influence of the exchange rate and inflation. http://journalfeb.unla.ac.id/index.php/almana/article/view/1914Composite Stock Price IndexExchange RateInflation
spellingShingle Taufik Sadikin R
Mohamad Lutfi
The Effect of Exchange Rate and Inflation on the Composite Stock Price Index
Almana: Jurnal Manajemen dan Bisnis
Composite Stock Price Index
Exchange Rate
Inflation
title The Effect of Exchange Rate and Inflation on the Composite Stock Price Index
title_full The Effect of Exchange Rate and Inflation on the Composite Stock Price Index
title_fullStr The Effect of Exchange Rate and Inflation on the Composite Stock Price Index
title_full_unstemmed The Effect of Exchange Rate and Inflation on the Composite Stock Price Index
title_short The Effect of Exchange Rate and Inflation on the Composite Stock Price Index
title_sort effect of exchange rate and inflation on the composite stock price index
topic Composite Stock Price Index
Exchange Rate
Inflation
url http://journalfeb.unla.ac.id/index.php/almana/article/view/1914
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