Open AccessPENGARUH MODAL ASING, KURS, INFLASI, SUKU BUNGA DAN INDEKS SAHAM TERHADAP KAPITALISASI PASAR MODAL INDONESIA
Author(s) -
Pudji Astuty,
Almira Rizqia
Publication year - 2021
Publication title -
journal economic and strategy
Language(s) - English
Resource type - Journals
ISSN - 2745-6544
DOI - 10.36490/jes.v2i2.209
Subject(s) - interest rate , stock exchange , economics , inflation (cosmology) , stock market index , index (typography) , exchange rate , monetary economics , stock market , finance , geography , physics , context (archaeology) , archaeology , theoretical physics , world wide web , computer science
The goal of this research is to examine the impact of Foreign Investment, Exchange Rate, Inflation, Interest Rates, Stock Index on Indonesian Capital Market Capitalization. The research was processed using the SPSS 22 program with multiple linear regression. The data used uses two types of periods, namely the period 1990-2019 and the period 1990-2020 to see the differences due to the Covid-19 Pandemic in 2020. From the results of the research, it is known that Foreign Investment, Exchange Rate and Stock Index have a significant positive effect on Indonesia's Capital Market Capitalization. for both periods. Meanwhile, Interest Rates only had a negative effect in the period 1990-2020 and Inflation had no effect on both periods.