IDEAS home Printed from https://ideas.repec.org/p/osf/inarxi/aqnrj_v1.html
   My bibliography  Save this paper

Effect of Composite Stock Price Index, Exchange Rate and Interest Rate Share Price of Mining Companies Listed in Indonesia Stock Exchange

Author

Listed:
  • Murdifin, Imaduddin
  • Mangkona, Suriyanti Andi

Abstract

This study aimed to examine the effect of Composite Stock Price Index (Composite Stock Price Index (CSPI)), the exchange rate, and interest rates on stock prices of mining companies listed in Indonesia stock Exchange. This research is associative with quantitative approach. Data were analyzed using panel data regression. The data used is secondary data such as financial data, and the percentage of monthly interest rates over the last three years. The collection of data taken with documentation techniques derived from published reports of Bank Indonesia and the Indonesia Stock Exchange. Sampling was done by purposive sampling with the number nine companies. The results showed that the CSPI and interest rates but not significant positive effect on stock prices. The rupiah exchange rate and significant negative effect on stock prices. Simultaneously the composite stock price index, the rupiah exchange rate, and interest rates have a significant effect on stock prices of mining companies listed on the Indonesia Stock Exchange.

Suggested Citation

  • Murdifin, Imaduddin & Mangkona, Suriyanti Andi, 2017. "Effect of Composite Stock Price Index, Exchange Rate and Interest Rate Share Price of Mining Companies Listed in Indonesia Stock Exchange," INA-Rxiv aqnrj_v1, Center for Open Science.
    • Handle: RePEc:osf:inarxi:aqnrj_v1
    DOI: 10.31219/osf.io/aqnrj_v1
    as

    Download full text from publisher

    File URL: https://osf.io/download/5a196f446c613b026c5e179f/
    Download Restriction: no
    File URL: https://libkey.io/10.31219/osf.io/aqnrj_v1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:osf:inarxi:aqnrj_v1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: OSF (email available below). General contact details of provider: https://ios.io/preprints/inarxiv/discover .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.