The purpose of this study was to determine changes in stock prices before and after the announcement of the entry of the Corona Virus (Covid-19) in Indonesia. The research was conducted on manufacturing companies and their sub-sectors on companies listed on the Indonesia Stock Exchange. This study uses a descriptive method with a quantitative approach, and uses secondary data in the form of closing stock price data obtained from the www.idx.co.id page. The data was taken only 5 months before and after the announcement of the entry of Covid-19 into Indonesia. The results of the study prove that the average share price of manufacturing companies on the Indonesia Stock Exchange experienced a sharp decline after the Covid-19 pandemic in Indonesia. However, there are several sub-sectors that only experienced a very small decline, namely the consumer goods sub-sector, the other miscellaneous industry sub-sector and the basic & chemical industry sub-sector (plastic and packaging).
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