Open AccessPengaruh Jub Arti Sempit (M1), BI Rate, Inflasi, dan Kurs Terhadap IHSG di Bursa Efek Indonesia
Author(s) -
Delia Intan Gojali,
Endang Hatma Juniwati,
Leni Nur Pratiwi
Publication year - 2021
Publication title -
indonesian journal of economics and management
Language(s) - English
Resource type - Journals
ISSN - 2747-0695
DOI - 10.35313/ijem.v1i3.3019
Subject(s) - composite index , exchange rate , economics , inflation (cosmology) , interest rate , stock exchange , consumer price index (south africa) , index (typography) , econometrics , monetary economics , monetary policy , computer science , finance , physics , theoretical physics , world wide web
The research aims to know the effect of Narrow Money, Interest Rate of Bank Indonesia, inflation, and exchange rate towards Composite Stock Price Index (CSPI) in 2016-2020. Sampling of the reseach was CSPI in 2016-2020, the type of data used is time series with monthly data collection taken from 2016-2020, with n research data as much as 60. Research methodology using descriptive method with quantitative approachment. Data analysis technique used are multilinear regression with data processing assisted using data processing application The research showed that Narrow Money had a positive effects and significant toward Composite Stock Price Index (CSPI) , Interest Rate of Bank Indonesia had a not significant effect toward Composite Stock Price Index (CSPI), Inflation had a positif effects and significant toward Composite Stock Price Index (CSPI), and exchange rate had a negative effects and significant toward Composite Stock Price Index (CSPI). Simultaneously that Narrow Money, Interest Rate of Bank Indonesia, inflation, and exchange rate had a significant effect towards Composite Stock Price Index (CSPI)