Open AccessPengaruh Tingkat Kurs Rupiah, Harga Emas dan Harga Minyak terhadap Indeks LQ 45 Periode Maret 2013 – Juni 2016
Author(s) -
Muhammad Ikhwan Nugraha
Publication year - 2020
Publication title -
jurnal riset inspirasi manajemen dan kewirausahaan
Language(s) - English
Resource type - Journals
eISSN - 2623-1077
pISSN - 2549-3477
DOI - 10.35130/jrimk.v4i2.98
Subject(s) - stock exchange , index (typography) , exchange rate , statistics , population , econometrics , indonesian , mathematics , oil price , economics , demography , computer science , monetary economics , finance , linguistics , philosophy , sociology , world wide web
This research aimed to analyze the effects of some macroeconomic variables for the movement of LQ 45 Index. Those macroeconomic variables used among other things were rupiah exchange rate, gold price and oil price.The population of this research was LQ 45 Index in Indonesia Stock Exchange (BEI) from March 2013 to June 2016 and the independent variables in the same time period. The total samples, the same as the population, were 40 monthly data which were determined through a census method. The data were obtained from Indonesian Stock Exchange and other reputable websites. The data analysis was performed with the classical assumption and hypothesis testing by multiple regression.The results of this study showed that rupiah exchange rate and oil price had a significant effect towards LQ 45 Index, while gold price did not have a signifiant effect towards LQ 45 Index.