Open AccessPengaruh Inflasi, Suku Bunga, dan Nilai Tukar Rupiah Terhadap Harga Saham Perusahaan Sub Sektor Perbankan yang Terdaftar Di Bursa Efek Indonesia
Author(s) -
Afrita Rahmayanti,
Siti Ning Farida
Publication year - 2022
Publication title -
religion, education, and social laa roiba journal/reslaj
Language(s) - English
Resource type - Journals
eISSN - 2716-4691
pISSN - 2656-274X
DOI - 10.47467/reslaj.v4i5.1126
Subject(s) - stock exchange , stock (firearms) , exchange rate , financial system , inflation rate , stock price , economics , population , monetary economics , business , interest rate , finance , geography , biology , demography , series (stratigraphy) , sociology , archaeology , paleontology
This study aims to examine the simultaneous and partial effect of Inflation, Interest Rate, and Rupiah Exchange Rate on stock prices of companies listed in the banking sub-sector on the Indonesia Stock Exchange. This type of research is quantitative research and uses secondary data. The total population is 20 banking sub-sector companies that use time-series data starting from January 2016 to October 2021 with the saturated sampling technique method. The analysis technique used is the multiple linear analysis techniques. Test the hypothesis with the F-test and T-test. The results of the simultaneous research (F-test) are known that inflation, interest rates, and the rupiah exchange rate have a significant effect on the stock prices of companies in the banking sub-sector. Partially (T-test) Inflation does not affect the stock prices of companies in the banking sub-sector. Interest rates have a significant negative effect on the stock prices of companies in the banking sub-sector. Meanwhile, the Rupiah Exchange Rate has a significant positive effect on the stock prices of companies in the banking sub-sector