Open AccessDoes Trading Volume Activity React To The Announcement of Large-Scale Social Restrictions During The Covid-19 Pandemic?
Author(s) -
Suratna Suratna,
Hendro Widjanarko,
Humam Santosa Utomo
Publication year - 2021
Publication title -
research synergy foundation conference proceedings series/research synergy foundation conference proceeding series
Language(s) - English
Resource type - Journals
eISSN - 2807-6699
pISSN - 2807-5803
DOI - 10.31098/bmss.v1i3.342
Subject(s) - pandemic , covid-19 , context (archaeology) , event study , scale (ratio) , business , event (particle physics) , volume (thermodynamics) , stock market , stock (firearms) , stock trading , economics , financial economics , history , geography , medicine , physics , cartography , disease , archaeology , pathology , quantum mechanics , infectious disease (medical specialty)
This research is an event study that aims to examine the information content as measured by trading volume activity as a form of capital market reaction to the announcement of the COVID-19 pandemic in Indonesia. The purpose of this research study is to determine and analyze the presence or absence of trading volume activity before and after the announcement of Large-Scale Social Restrictions in the context of handling COVID-19 in Indonesia. The analytical method used in the study is a quantitative method in research with an event study approach which is used to analyze the reaction of the capital market to the announcement of large-scale social restrictions (PSBB) in the context of handling the COVID-19 pandemic in Indonesia. The data analysis technique in this research is using event study. The results showed that there were significant differences in stock trading volume activity before and after the announcement of the PSBB policy during the Covid-19 pandemic in DKI Jakarta.