Research in Accounting Journal
Vol. 4 No. 2 (2023): RAJ (Research in Accounting Journal)

The COVID-19 Pandemic and the Movement of the Bisnis-27 Stock Index from January to December 2021

Shintia, Deny (Unknown)
Hadistya, Istifar Dilla (Unknown)
Hardika, Mutia (Unknown)



Article Info

Publish Date
28 Aug 2023

Abstract

The COVID-19 pandemic in Indonesia has also impacted the capital market, leading to changes in trading hours on the Indonesia Stock Exchange. This situation served as a negative signal for investors, prompting many to sell their shareholdings. The results of this study indicate that an increase in the number of confirmed positive COVID-19 cases negatively affects the movement of the Bisnis-27 stock index. Similarly, the number of COVID-19-related deaths also has an impact on the index. However, the number of fully vaccinated individuals does not significantly influence the Bisnis-27 index. Therefore, it is strongly recommended that investors take into account the rising number of positive COVID-19 cases and related fatalities when making investment decisions in companies listed on the Bisnis-27 index.

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Journal Info

Abbrev

raj

Publisher

Subject

Economics, Econometrics & Finance

Description

Reseach In Accounting Journal (RAJ) reviewed covers theoretical and applied research in the field of Accounting and Finance. Priority is given to those articles which satisfy the main scope of the journal, and have an impact in the research areas of interest. The RAJ Journal is intended to be the ...