IQTISHADUNA: Jurnal Ekonomi dan Keuangan Islam
Vol. 15 No. 1 (2024): IQTISHADUNA: Jurnal Ekonomi dan Keuangan Islam

Examining Macroeconomic Indicators And Their Reletionship With The Idx Composite Stock Index (IHSG)

Irwan, Muhammad (Unknown)
Mubaraq, Muhammad Raihan (Unknown)
Awwalunnisa, Nur (Unknown)



Article Info

Publish Date
07 Jul 2024

Abstract

This study looks at the effect of macroeconomics indicators, namely the BI rate, inflation, and exchange rates on the IDX composite stocks index (IHSG). The IDX composite index is one of the sources investors use to choose their investment strategy. Inflation, exchange rate, BI rate, and composite stock index are some of variables that comprise the sample used in this study, including 88 models from 2016 to 2022. Data analysis was conducted using the multiple regression method. Based on finding, money supply, inflation, and BI rate have no significant impact on IDX composite stock index, and the exchange rate positively influence IDX composite stock index. Additional analysis needs to be done by looking at other potential macroeconomic factors. Summarize the novelty of this paper. Briefly explain why no one else has adequately researched the question yet.

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Journal Info

Abbrev

iqtishaduna

Publisher

Subject

Economics, Econometrics & Finance

Description

Iqtishaduna merupakan jurnal yang menfokuskan pada publikasi artikel di bidang kajian ekonomi dan keuangan syariah. Jurnal ini terbit pertama kali tahun 2011 oleh Fakultas Syariah IAIN Mataram yang dalam perkembangannya sejak tahun 2016 kemudian dikelola oleh Fakultas Ekonomi dan Bisnis Islam UIN ...