Macroeconomics and Jakarta Composite Index

Restu Hayati, Poppy Camenia Jamil, Azmansyah

2019

Abstract

This study was conducted to determine the effect of macroeconomic variables on the Jakarta Composite Index (JCI). By using time series data from 2016-2018, multiple regression analysis with the least square model is used to prove the influence of dow jones index (DJIA), BI 7 days rate, fed rate, exchange rate, inflation and world oil prices against the Jakarta Composite Index. After going through the data stationary test and classic assumption test, the results of the study prove that there is no significant effect both simultaneously and partially between macroeconomic variables on the Jakarta Composite Index (JCI) on the Indonesia Stock Exchange (IDX).

Paper Citation

in Harvard Style

Hayati R., Jamil P. and Azmansyah. (2019). Macroeconomics and Jakarta Composite Index.In Proceedings of the Second International Conference on Social, Economy, Education and Humanity - Volume 1: ICoSEEH, ISBN 978-989-758-464-0, pages 117-122. DOI: 10.5220/0009060401170122

in Bibtex Style

@conference{icoseeh19,
author={Restu Hayati and Poppy Camenia Jamil and Azmansyah},
title={Macroeconomics and Jakarta Composite Index},
booktitle={Proceedings of the Second International Conference on Social, Economy, Education and Humanity - Volume 1: ICoSEEH,},
year={2019},
pages={117-122},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009060401170122},
isbn={978-989-758-464-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the Second International Conference on Social, Economy, Education and Humanity - Volume 1: ICoSEEH,
TI - Macroeconomics and Jakarta Composite Index
SN - 978-989-758-464-0
AU - Hayati R.
AU - Jamil P.
AU - Azmansyah.
PY - 2019
SP - 117
EP - 122
DO - 10.5220/0009060401170122