FAKTOR-FAKTOR YANG MEMENGARUHI INDEKS HARGA SAHAM
Abstract
The research was intended to analyze how much influences of the Dow Jones index, Nikkei 225 index and Hang Seng index against Composite Stock Price Index. The population of this study is the Dow Jones index, Nikkei 225 index, Hang Seng index and Jakarta Composite Index from 2013 – 2016. Samples were selected by purposive sampling method using monthly adjusted closing data during January 2013 through June 2016. This research used multiple linear regression analysis to find out the effect of independent variables to dependent variable. The result shows that partially the Dow Jones indeks and Nikkei 225 index influence the Composite Stock Price Index significantly. The Hang Seng index does not significantly influence the Composite Stock Price Index. Overall Dow Jones indeks, Nikkei 225 indeks and Hang Seng index have significant effect to Composite Stock Index. This suggests external factors which are the movement of stocks in America, Japan and Hong Kong have an influence on the Composite Stock Price Index at IDX.
Keywords
References
Amalia, D. I. (2015). Analisis Pengaruh Indeks Nikkei 225 dan Indeks Hang Seng terhadap Indeks Harga Saham Gabungan. Jurnal Ilmiah Universitas Bakrie, Vol. 3, No. 2, 2015.
Anoraga, P. (2001). Pengantar Pasar Modal Indonesia. Jakarta: Mediasoft Indonesia.
Cahyono, J. E. (2000). Strategi dan Teknik Meraih Untung di Bursa Saham. Jakarta: Elex Media Komputindo.
Darmadji, T., & Fakhruddin, H. M. (2011). Pasar Modal Di Indonesia. Edisi Ketiga. Jakarta: Salemba Empat.
Deitiana, T., & Stella (2009). Pengaruh Indeks Dow Jones, Nikkei 225, Kospi, dan Shanghai Composite Index terhadap Indeks Harga Saham Gabungan Bursa Efek Indonesia Periode Tahun 2004-2008. Journal The WINNERS, Vol. 10, No. 1, 2009, 22-30.
Franke, J. A. (1993). Monetary and Portofolio Balance Model of The Determination of Exchange Rate. Cambridge : MIT Press.
Ghozali, I. (2013). Analisis Multivariate dan Ekonometrika Teori, Konsep dan Aplikasi Dengan Program Eviews 8. Semarang: Badan Penerbit Universitas Diponegoro.
Herwina, I. E. (2002). Teori Perdagangan Internasional Hecksher-Ohlin; Suatu Tinjauan Matematis. Fakultas MIPA. Institut Pertanian Bogor.
Prayitno, B. B. (2013). Pengaruh Indeks Bursa Saham Global, Harga Komoditas Dan Nilai Tukar Mata Uang Asing Terhadap Indeks Harga Saham Gabungan. Tesis. Pascasarjana Universitas Atma Jaya Yogyakarta.
Safitriani, S. (2014). International Trade and Foreign Direct Investment in Indonesia. Buletin Ilmiah Litbang Perdagangan. Vol. 8, No. 1, 2014, 93-116.
Sidiq, A. (2010). Pengaruh Indeks Saham STI, Taiex, Kospi, Hang Seng terhadap Pergerakan Indeks Harga Saham Gabungan. Riset Manajemen dan Akuntansi, Vol. 1, No. 2, 2010.
Sumartini, A., & Denny, E. (2012). Pengaruh Coincident Economic Indicator Dan Leading Economic Indicator Terhadap Return Saham (Studi terhadap Indeks Harga Saham Gabungan di Bursa Efek Indonesia periode 2003-2011). Diponegoro Business Review, Vol. 1, No. 1, 2012.
Sutanto, B., et al. (2013). Analisis Pengaruh Ekonomi Makro, Indeks Dow Jones dan Indeks Nikkei 225 Terhadap Indeks Harga Saham Gabungan (IHSG). Calyptra: Jurnal Ilmiah Universitas Surabaya. Vol. 2, No. 1, 2013.
Tandelilin, E. (2010). Portofolio dan Investasi. Edisi Ketujuh. Yogyakarta:
Refbacks
- There are currently no refbacks.
Indexed by :
Alamat Redaksi Media Riset Akuntansi
Kampus Universitas Bakrie
Jl. H.R. Rasuna Said Kav C-22, Kuningan – Jakarta Selatan 12920 | Tlp: +6221-5261448, +6221-5263182 Fax: +6221-5263191, +6221-5276543
email: [email protected], website: http://jurnal.bakrie.ac.id/index.php/journal_MRA/index