The Influence of The Rupiah Exchange Rate and Gold Exchange on The Banking Sector Stock Price Index on The Indonesian Stock Exchange In 2020-2023

Authors

  • Elma Abnaina Management, Sari Mulia University, Indonesia Author
  • A. Firsa Ariza Management, Sari Mulia University, Indonesia Author
  • Zahrah Rahmawati Management, Sari Mulia University, Indonesia Author
  • Avriluna Dewi Management, Sari Mulia University, Indonesia Author

DOI:

https://doi.org/10.20527/jbts.11i2.40

Keywords:

Rupiah Exchange Rates, Gold, Stock Prices

Abstract

Abstract: Share prices are used to see the value of the company. If the share price of a company is classified as high, then it can be said that the company's value is in good condition. This research aims to determine the influence of the rupiah and gold exchange rates on share prices in the banking sub-sector listed on the Indonesian Stock Exchange (BEI) in 2020-2022. This research uses quantitative methods, the population of this research is 30 companies and the sample taken is 10 companies according to the criteria. Data is taken using Purpose Sampling techniques, types of data using secondary data, data analysis using multiple linear analysis. The research results show that the rupiah exchange rate has a positive effect on the share prices of banking companies listed on the Indonesian stock exchange, gold has a positive effect on the share prices of banking companies listed on the Indonesian stock exchange

Downloads

Download data is not yet available.

References

Andriani, S., & Widhiastuti, S. (2016). Against the Banking Stock Price Index. Journal of Entrepreneurial Development, VOL. 18 NO., 209–216.

A, Gaur., dan Bansal M. 2010. A Comparative Study of Gold Price Movements in Indian and Global Markets. Indian Journal of Finance, Vol. 4, No. 2. P. 32-37

Ghozali, I. (2018). Multivariate Analysis Applications with the IBM SPSS 25 Program (9th edition). Diponegoro University Publishing Agency.

Handini, S., & Astawinetu, E. D. (2020). Portfolio Theory and Indonesian Capital Markets. Surabaya: Scopindo Media Pustaka

Hanafi, M. mamduh, & Halim, A. (n.d.). Financial Statement Analysis (Five). Yogyakarta: UPP STIM YKPN.

Hartono, Jogiyanto. (2013). Portfolio Theory and Investment Analysis. BPFE. Yogyakarta.

.https://www.idx.co.id/id/produk/indeks

Sartika, U. (2017). The Influence of Inflation, Interest Rates, Exchange Rates, World Oil Prices and World Gold Prices on the IHSG and Jii on the Indonesian Stock Exchange. BALANCE Journal of Accounting and Business, 2(2), 285. https://doi.org/10.32502/jab.v2i2.1180

Sukirno. (2019). Introduction to Macroeconomic Theory. PT. Raja Grafindo Persada, Jakarta.

Tandelilin, E. (2017). Portfolio management & Investment capital markets. PT. Canisius.

Yunita, Y., Nurlita, E., & Robiyanto. (2018). The Influence of Interest Rates, Rupiah Exchange Rates and Mining Sector Share Prices on the Indonesian Stock Exchange. Proceedings of SENDI_U, 978–979

Downloads

Published

30-06-2024

How to Cite

Elma Abnaina, A. Firsa Ariza, Zahrah Rahmawati, & Avriluna Dewi. (2024). The Influence of The Rupiah Exchange Rate and Gold Exchange on The Banking Sector Stock Price Index on The Indonesian Stock Exchange In 2020-2023. Journal of Business Transformation and Strategy, 1(2), 129-137. https://doi.org/10.20527/jbts.11i2.40