Analysis Jakarta Stock Exchange Composite on the Indonesian Stock Exchange

This study aims to determine the analysis of the influence from Dow Jones Industrial Average (DJIA), Inflation, Exchange Rates, Interest Rates against Jakarta Stock Exchange Composite (JKSE) on the Indonesian Stock Exchange (BEI). This research is quantitative study using secondary data taken​ from website with population that is overall movement Jakarta Stock Exchange Composite (JKSE) and taken sample with using the time series data method scale monthly for 72 months from January 2018 – December 2023. The instrument in this study analyzed using multiple linear regression analysis. The results of the study show that Dow Jones Industrial Average (DJIA), Inflation, and Interest Rates have influence one way to Jakarta Stock Exchange Composite (JKSE). While the Exchange Rates has an opposite influence to Jakarta Stock Exchange Composite (JKSE). This means that if happen improvement DJIA, Inflation, and Interest Rates then will followed with increase in JKSE, meanwhile if happen increase in Exchange Rate, there will be a decrease in JKSE.

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Publication Details

Journal
Social Science and Humanities Journal
Published
2024-08-23
DOI
https://doi.org/10.18535/sshj.v8i08.1277
Citations
1
Primary Topic
Financial Analysis and Corporate Governance
Type
article
Field-Weighted Citation Impact
0.95
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article

Analysis Jakarta Stock Exchange Composite on the Indonesian Stock Exchange

Yuniningsih Yuniningsih, Sukma Alexander Putri
1 citations
Social Science and Humanities Journal
Financial Analysis and Corporate Governance
0.95
article

Analysis Jakarta Stock Exchange Composite on the Indonesian Stock Exchange

Yuniningsih Yuniningsih, Sukma Alexander Putri
article en
1 citations

Abstract

This study aims to determine the analysis of the influence from Dow Jones Industrial Average (DJIA), Inflation, Exchange Rates, Interest Rates against Jakarta Stock Exchange Composite (JKSE) on the Indonesian Stock Exchange (BEI). This research is quantitative study using secondary data taken​ from website with population that is overall movement Jakarta Stock Exchange Composite (JKSE) and taken sample with using the time series data method scale monthly for 72 months from January 2018 – December 2023. The instrument in this study analyzed using multiple linear regression analysis. The results of the study show that Dow Jones Industrial Average (DJIA), Inflation, and Interest Rates have influence one way to Jakarta Stock Exchange Composite (JKSE). While the Exchange Rates has an opposite influence to Jakarta Stock Exchange Composite (JKSE). This means that if happen improvement DJIA, Inflation, and Interest Rates then will followed with increase in JKSE, meanwhile if happen increase in Exchange Rate, there will be a decrease in JKSE.

Social Science and Humanities JournalVol. 8(08)
University of Pembangunan Nasional Veteran Jawa Timur (ID)
Decent work and economic growth
Openalex Percentile: Top 21%
Financial Analysis and Corporate Governance
0.95
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