Prosiding Seminar Nasional Official Statistics
Vol 2021 No 1 (2021): Seminar Nasional Official Statistics 2021

Efek Berita mengenai COVID-19 terhadap Harga Saham di Indonesia

Saraswati Dyah Pramuji (Unknown)



Article Info

Publish Date
01 Nov 2021

Abstract

Information from the media can be one of the considerations for investors in investing stocks, so the role of the media is very meaningful in determining stock price movements. This study aims to analyze the long and short term influence of media coverage related to COVID-19 on stock prices in Indonesia during the economic recovery from April to May 2021 using Error Correction Mechanism (ECM). The results show that the infodemic index variable and the number of deaths due to COVID-19 have a negative effect on stock prices in the long term. The media hype index variable and the number of deaths due to COVID-19 have a negative effect on stock prices in the short term. Meanwhile, the sentiment index and panic index variables have no effect on stock prices, both in the long and short term. It is known that the number of deaths due to COVID-19 has a negative effect on stock prices in the long and short term, so that the proper handling of COVID-19 to lower the death rates can improve the investment climate in this economic recovery period.

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Journal Info

Abbrev

semnasoffstat

Publisher

Subject

Humanities Computer Science & IT Economics, Econometrics & Finance Social Sciences

Description

prosiding seminar ini bertujuan untuk menghasilkan berbagai pemikiran solutif, inovatif, dan adaptif terkait isu, strategi, dan metode yang memanfaatkan official ...