Pengaruh Kurs, SBI, Inflasi dan Harga Minyak Mentah Dunia Terhadap Indeks Harga Saham Gabungan Tahun 2017-2021

Muhammad Feizal Anwar Marannu, Nur Hidayah

Abstract


IHSG is an index that measures the price performance of all stocks. IHSG serves to show market movements, securities portfolio performance, and estimate investment developments. The IHSGchart makes it easier for capital market players to see a summary of capital market conditions. The purpose of this study was to determine the magnitude of the effect of the exchange rate, SBI, inflation and world crude oil prices on the 2017-2021 composite stock price index. The method used in this study is to use the Ordinary Least Square (OLS) regression analysis technique. Based on the results of research and discussion, it can be concluded that the Composite Stock Price Index in Indonesia during 2017-2021 was influenced by World Crude Oil Prices (HMMD). Meanwhile, the Rupiah exchange rate against the Dollar (KURS), Interest Rates (SBI), Inflation (INF), and World Crude Oil Prices (HMMD) had no effect on the Indonesian Composite Stock Price in 2017-2021.

Keywords


IHSG, Exchange rate, interest rate. Inflation, oil price

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DOI: https://doi.org/10.30596/ekonomikawan.v23i2.10280

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