J-CEKI
Vol. 3 No. 3: April 2024

Effect of Interest Rates on Stock Returns in The Banking and Real Estate Industries

Yosep Eka Putra (Akademi Keuangan dan Perbankan Padang)
Mega Rahmi (UIN Mahmud Yunus Batusangkar)



Article Info

Publish Date
16 May 2024

Abstract

The study aims to explore the effect of interest rates on stock returns in the banking and real estate industries. Quantitative methods with an associative approach are used to explore relationships between certain variables. The data type used is secondary data, namely interest rate, stock return, type of industry, and market capitalization (size). The population in this study is banking companies listed on the Indonesia Stock Exchange and Bank Indonesia from January 1, 2016 to December 31, 2022. The sample selection method used is purposive sampling. The sample data amounted to 16,380 observations, which were monthly data (short-term). The results showed that interest rates significantly negatively influence stock returns, especially in the banking industry, compared to the real estate industry.

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Journal Info

Abbrev

J-CEKI

Publisher

Subject

Humanities Social Sciences

Description

J-CEKI : Jurnal Cendekia Ilmiah diterbitkan oleh CV. ULIL ALBAB CORP. J-CEKI terbit 6 kali dalam setahun atau tiap 2 bulan sekali. J-CEKI menerbitkan artikel bidang Humaniora dan Ilmu Sosial. Humaniora: Bahasa dan Linguistik, Sejarah, Sastra, Seni Pertunjukan, Filsafat, Agama, Seni Rupa. Ilmu ...