Article Per Year (5 Year)
p-Index From 2021 - 2026
0.408
P-Index
This Author published in this journals
All Journal Jurnal Ekonomi Syariah dan Bisnis
Agustine Silviani
Universitas Majalengka
Economics, Econometrics & Finance Social Sciences

Published : 2 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 2 Documents
Search

 1 
Perdagangan Saham, Return dan Indeks LQ45 Periode 2028-2021 Agustine Silviani; Tito Marta Sugema; Febi Mutiara Sundari
Maro: Jurnal Ekonomi Syariah dan Bisnis Vol. 5 No. 2 (2022): Maro: Jurnal Ekonomi Syariah dan Bisnis
Publisher : Prodi Ekonomi Syariah Universitas Majalengka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31949/maro.v5i2.4869

Abstract

Abstract: The discovery of market anomalies where there’s higher or lower return at a certain time so that investors can predict the movement of returns is a deviation from the concept of market efficiency. The purpose of this study is to find out and prove market efficiency through differences in stock returns and abnormal stock returns on trading days from Monday to Friday and to find out whether there are market anomalies in the form of Monday effect and weekend effect. This is quantitative research with descriptive and verifiable analysis. The population in this study is all companies whose shares are included in the LQ45 index on the Indonesia Stock Exchange during the period 2018 to 2021. The sampling technique used is purposive sampling, so that the number of samples is obtained are 28 companies. The hypothesis testing technique used are with one-sample t-test and independent samples t-test. The results showed that there was no significant difference in stock returns on the trading day from Monday to Friday, but there was a significant difference in abnormal stock returns on all five trading days, as well as market anomalies in the form of Monday effect and weekend effect on the Indonesia Stock Exchange.
Perdagangan Saham, Return dan Indeks LQ45 Periode 2028-2021 Agustine Silviani; Tito Marta Sugema; Febi Mutiara Sundari
Maro: Jurnal Ekonomi Syariah dan Bisnis Vol. 5 No. 2 (2022)
Publisher : Prodi Ekonomi Syariah Universitas Majalengka

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31949/maro.v5i2.4869

Abstract

Abstract: The discovery of market anomalies where there’s higher or lower return at a certain time so that investors can predict the movement of returns is a deviation from the concept of market efficiency. The purpose of this study is to find out and prove market efficiency through differences in stock returns and abnormal stock returns on trading days from Monday to Friday and to find out whether there are market anomalies in the form of Monday effect and weekend effect. This is quantitative research with descriptive and verifiable analysis. The population in this study is all companies whose shares are included in the LQ45 index on the Indonesia Stock Exchange during the period 2018 to 2021. The sampling technique used is purposive sampling, so that the number of samples is obtained are 28 companies. The hypothesis testing technique used are with one-sample t-test and independent samples t-test. The results showed that there was no significant difference in stock returns on the trading day from Monday to Friday, but there was a significant difference in abnormal stock returns on all five trading days, as well as market anomalies in the form of Monday effect and weekend effect on the Indonesia Stock Exchange.
Co-Authors Febi Mutiara Sundari Tito Marta Sugema