Analysis Factors Affecting
Indonesia Stock Market
(Case Studies on Consumer Goods Index)
Analysis Factors Affecting
Indonesia Stock Market
(Case Studies on Consumer Goods Index)
Author(s): Vietha Devia Sagita SumantriSubject(s): Financial Markets
Published by: Vysoká škola finanční a správní, a.s.
Keywords: exchange rate;inflation (rate);stock market;consumer goods index
Summary/Abstract: This study aims to examine the effect of exchange rate and inflation on the stock market. The exchange rate used is the Rupiah against the US Dollar and the Consumer Price Index as a measure of inflation. While the sector used as a stock market case study is the Consumer Goods Index Sector. The study period during 2010–2017. The method used multiple linear regression with R software. The classic assumption test results show the existence of autocorrelation problems, but can be correcting by the Cochrane-Orcutt method on Eviews after 8 model iterations. The results of multiple linear regression tests showed that the exchange rate has a significant negative effect, while inflation has no significant effect on the Consumer Goods Index.
Journal: Acta VŠFS - ekonomické studie a analýzy
- Issue Year: 14/2020
- Issue No: 1
- Page Range: 10-23
- Page Count: 14
- Language: English