Journal of Islamic Civilization and Thought
Vol. 1 No. 2 (2021): THARWAH: Journal of Islamic Civilization and Thought

Analysis of KLBF, KAEF and SID Share Price Comparison Before and After Covid-19 Enters Indonesia

Shelly Midesia (Institut Agama Islam Negeri Langsa, Indonesia)



Article Info

Publish Date
31 Dec 2021

Abstract

The Covid-19 pandemic has brought panic to Indonesian investors. Share prices in various listed companies in Indonesia have experienced an unprecedented decline. This study tries to analyze the impact of the COVID-19 pandemic on KLBF, KAEF and SIDO by comparing the average share price of companies before and after the entry of Covid-19 to Indonesia. The issue of Covid-19 entered Indonesia in February 2020. The results of this study indicate that the company's stock price decreased significantly during the 19 days after Covid-19 entered Indonesia compared to 19 days of stock prices before Covid-19 entered Indonesia. The results of hypothesis testing using the independent sample t test show that there are differences in the stock prices of KLBF and SIDO before and after Covid-19 entered Indonesia, but there is no difference in the share price of KAEF before and after Covid-19 entered Indonesia.

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Journal Info

Abbrev

tharwah

Publisher

Subject

Description

Tharwah: Journal of Islamic Civilization and Thought (e-ISSN 3046-8906) is an international, multidisciplinary, peer-reviewed journal published by the Lembaga Penelitian dan Pengabdian kepada Masyarakat (LPPM) UIN Sultanah Nahrasiyah Lhokseumawe, Aceh, Indonesia. Established with a commitment to ...