Analisis ekonomi makro domestik dan asing sebagai determinan indeks harga saham gabungan di pasar modal Indonesia

Indrarta, Eggy Zus (2010) Analisis ekonomi makro domestik dan asing sebagai determinan indeks harga saham gabungan di pasar modal Indonesia. Masters thesis, Widya Mandala Catholic University Surabaya.

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Abstract

IHSG is the main indicator that represent the changes of stocks prices in Indonesian's stocks market because conclude both the changes of common stocks and preferen stocks in IDX. Due to that, investors need to know the changes of IHSG also the factors that influenced its changes to predict the changes of stocks prices in stocks market. This research used multifactor model whereas domestic and foreign macroeconomic as determinant variables of IHSG. Domestic macroeconomic contain SBI, exchange rate, PDB,M2, exchange foreign reserve, and stocks trading's volume. Foreign macroeconomic contain Dow Jones index, Hang Seng index, Nikkei 225 index, gold prices, crude oil price, and Libor. The result showed that the changes of IHSG could be more explained by the changes of foreign macroeconomic then domestic macroeconomic where as the Dow Jones index and gold price were the most significant variables that explained the changes of IHSG.

Item Type: Thesis (Masters)
Department: ["eprint_fieldopt_department_Graduate School" not defined]
Uncontrolled Keywords: IHSG, domestic macroeconomic, foreign macroeconomic, multifactor model
Subjects: Business
Business > Financial Management
Divisions: Graduate School > Master Program in Management
Depositing User: Sri Kusuma Dewi
Date Deposited: 31 Mar 2015 02:09
Last Modified: 31 Mar 2015 02:09
URI: http://repository.ukwms.ac.id/id/eprint/1749

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