Open AccessAnalysis of the influence of fundamental and external factors on stock prices in mining sector companies listed on the Indonesia stock exchange
Author(s) -
Andri Setia Putra,
Mohamad Adam,
Marlina Widiyanti,
Tertiarto Wahyudi
Publication year - 2021
Publication title -
international journal of social sciences
Language(s) - English
Resource type - Journals
ISSN - 2632-9409
DOI - 10.21744/ijss.v4n4.1806
Subject(s) - stock exchange , profitability index , market liquidity , business , stock (firearms) , valuation (finance) , solvency , monetary economics , financial system , economics , finance , mechanical engineering , engineering
This study aimed to determine the effect of liquidity ratios (LR), solvency (DER), profitability (ROE), valuation ratios (PBV), inflation, and interest rates on stock prices of mining sector companies listed on the Indonesia Stock Exchange (IDX). The research sample is 41 mining sector companies with a research period from 2015-2019. The results show that the liquidity ratio (CR) and solvency (DER) have no significant effect on stock prices of mining sector companies in 2015-2019. The variable profitability (ROE), valuation ratio (PBV) was concluded to have a significant positive effect on stock prices of mining sector companies in 2015-2019. Meanwhile, inflation and interest rates have a significant adverse effect on stock prices of mining sector companies in 2015-2019.