<![CDATA[The movement of the Indonesia Sharia Stock Index (ISSI) is influenced by various factors, including public confidence and the rupiah exchange rate. This study aims to analyze the effect of public confidence, as measured by the Consumer Confidence Index (CCI), and the rupiah exchange rate on the Indonesia Sharia Stock Index (ISSI) during the 2020–2025 period. This research employed a quantitative approach with an associative research design. The study used 72 monthly secondary data observations obtained from the Indonesia Stock Exchange and Bank Indonesia. Data were analyzed using EViews 14 through stationarity tests, cointegration tests, classical assumption tests, and multiple linear regression analysis with the HAC (Newey-West) method. The results indicate that, partially, public confidence and the rupiah exchange rate have a positive and significant effect on the ISSI. Simultaneously, both variables also have a significant effect on the ISSI, with an Adjusted R² value of 0.545. These findings indicate that psychological factors and macroeconomic conditions play an important role in the movement of the Indonesia Sharia Stock Index]]>
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