Factors Affecting the Composite Stock Price Index during Covid-19 Pandemic Crisis
This paper aims to analyze factors affecting the Composite Stock Price Index (IHSG) on the Jakarta Stock Exchange (IDX) during the Pademi Corona Crisis. This study uses the multiple linear regression analysis technique where the variable number of confirmed Covid-19 cases in the world, the number of...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Universitas Negeri Semarang
2021-09-01
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| Series: | JEJAK: Jurnal Ekonomi dan Kebijakan |
| Subjects: | |
| Online Access: | https://journal.unnes.ac.id/nju/index.php/jejak/article/view/27682 |
| _version_ | 1797789285977423872 |
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| author | Ariodillah Hidayat Liliana Liliana Sri Andaiyani |
| author_facet | Ariodillah Hidayat Liliana Liliana Sri Andaiyani |
| author_sort | Ariodillah Hidayat |
| collection | DOAJ |
| description | This paper aims to analyze factors affecting the Composite Stock Price Index (IHSG) on the Jakarta Stock Exchange (IDX) during the Pademi Corona Crisis. This study uses the multiple linear regression analysis technique where the variable number of confirmed Covid-19 cases in the world, the number of confirmed Covid-19 cases in Indonesia, the Rupiah exchange rate per 1 US dollar, and the world crude oil price are used as independent variables (X) and the IHSG as the dependent variable (Y), the data used in this study are weekly time series data from the period December 2019 to September 2020. Based on the results of variable regression between the IHSG, Exchange Rates, Oil Prices, cases of COVID-19 in Indonesia and COVID-19 World, It is concluded that collectively the independent variables have a significant effect on the IHSG. Partially, Oil Prices, COVID-19 cases in Indonesia and COVID-19 cases in the world have a significant effect on the IHSG. Meanwhile, the exchange rate has no significant effect on the IHSG. |
| first_indexed | 2024-03-13T01:47:33Z |
| format | Article |
| id | doaj.art-65d848c9d7b942d2af48ef9432a89089 |
| institution | Directory Open Access Journal |
| issn | 2460-5123 |
| language | English |
| last_indexed | 2024-03-13T01:47:33Z |
| publishDate | 2021-09-01 |
| publisher | Universitas Negeri Semarang |
| record_format | Article |
| series | JEJAK: Jurnal Ekonomi dan Kebijakan |
| spelling | doaj.art-65d848c9d7b942d2af48ef9432a890892023-07-03T03:03:20ZengUniversitas Negeri SemarangJEJAK: Jurnal Ekonomi dan Kebijakan2460-51232021-09-0114233334410.15294/jejak.v14i2.2768211584Factors Affecting the Composite Stock Price Index during Covid-19 Pandemic CrisisAriodillah Hidayat0Liliana Liliana1Sri Andaiyani2Universitas SriwijayaUniversitas SriwijayaUniversitas SriwijayaThis paper aims to analyze factors affecting the Composite Stock Price Index (IHSG) on the Jakarta Stock Exchange (IDX) during the Pademi Corona Crisis. This study uses the multiple linear regression analysis technique where the variable number of confirmed Covid-19 cases in the world, the number of confirmed Covid-19 cases in Indonesia, the Rupiah exchange rate per 1 US dollar, and the world crude oil price are used as independent variables (X) and the IHSG as the dependent variable (Y), the data used in this study are weekly time series data from the period December 2019 to September 2020. Based on the results of variable regression between the IHSG, Exchange Rates, Oil Prices, cases of COVID-19 in Indonesia and COVID-19 World, It is concluded that collectively the independent variables have a significant effect on the IHSG. Partially, Oil Prices, COVID-19 cases in Indonesia and COVID-19 cases in the world have a significant effect on the IHSG. Meanwhile, the exchange rate has no significant effect on the IHSG.https://journal.unnes.ac.id/nju/index.php/jejak/article/view/27682composite stock price index, covid 19, exchange rates, world oil prices |
| spellingShingle | Ariodillah Hidayat Liliana Liliana Sri Andaiyani Factors Affecting the Composite Stock Price Index during Covid-19 Pandemic Crisis JEJAK: Jurnal Ekonomi dan Kebijakan composite stock price index, covid 19, exchange rates, world oil prices |
| title | Factors Affecting the Composite Stock Price Index during Covid-19 Pandemic Crisis |
| title_full | Factors Affecting the Composite Stock Price Index during Covid-19 Pandemic Crisis |
| title_fullStr | Factors Affecting the Composite Stock Price Index during Covid-19 Pandemic Crisis |
| title_full_unstemmed | Factors Affecting the Composite Stock Price Index during Covid-19 Pandemic Crisis |
| title_short | Factors Affecting the Composite Stock Price Index during Covid-19 Pandemic Crisis |
| title_sort | factors affecting the composite stock price index during covid 19 pandemic crisis |
| topic | composite stock price index, covid 19, exchange rates, world oil prices |
| url | https://journal.unnes.ac.id/nju/index.php/jejak/article/view/27682 |
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