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Capital Market Reaction to the Announcement of BI Rate Cut on LQ45 Index Banking Stocks Khairani, Lutfia; Aristantia , Selvia Eka
RIGGS: Journal of Artificial Intelligence and Digital Business Vol. 4 No. 3 (2025): Agustus - October
Publisher : Prodi Bisnis Digital Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/riggs.v4i3.3199

Abstract

This study aims to determine the differences in Abnormal Return and Trading Volume Activity before and after the announcement of the BI Rate reduction in LQ-45 index banking companies. This study uses the event study method. This study uses secondary data, which is data obtained directly through intermediary media and is data obtained and recorded by another party or a second party. The data consists of documents and information in the form of daily stock prices and trading volumes that can be accessed through the official website of the Indonesia Stock Exchange and through yahoo.finance.com. The results of the study show: (1.) There is a significant difference in abnormal returns before and after the announcement of the BI Rate reduction. (2) There is a significant difference in trading volume activity before and after the announcement of the BI Rate reduction.