Open AccessAnalysis Factors Affecting Indonesia Stock Market (Case Studies on Consumer Goods Index)
Author(s) -
Faishal Fadli
Publication year - 2020
Publication title -
acta všfs/acta všfs
Language(s) - English
Resource type - Journals
eISSN - 1802-7946
pISSN - 1802-792X
DOI - 10.37355/acta-2020/1-01
Subject(s) - exchange rate , econometrics , economics , stock exchange , index (typography) , autocorrelation , stock market , capitalization weighted index , regression analysis , stock market index , linear regression , price index , financial economics , monetary economics , statistics , mathematics , computer science , finance , paleontology , horse , world wide web , biology
This study aims to examine the eect of exchange rate and ination on the stock market.The exchange rate used is the Rupiah against the US Dollar and the Consumer Price Index asa measure of ination. While the sector used as a stock market case study is the ConsumerGoods Index Sector. The study period during 2010–2017. The method used multiple linearregression with R software. The classic assumption test results show the existence ofautocorrelation problems, but can be correcting by the Cochrane-Orcutt method on Eviewsafter 8 model iterations. The results of multiple linear regression tests showed that theexchange rate has a significant negative eect, while ination has no significant eect onthe Consumer Goods Index.