The effect of macroeconomy towards the infrastructure, utilities, and transportation sector’s stock return in the Indonesian Stock Exchange

This study aims to identify the effect of macroeconomic variables on stock returns, where macroeconomic fluctuations can affect stock prices and have an impact on stock returns. The macroeconomic variables used in this study are inflation, interest rates (BI rate), and the Rupiah exchange rate again...

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Detalles Bibliográficos
Autor: Simatupang, Frido Saritua
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2023
País:Brasil
Institución:Instituto Superior de Educação Vera Cruz (VeraCruz)
Repositorio:Revista Veras
Idioma:inglés
OAI Identifier:oai:ojs2.ojs.brazilianjournals.com.br:article/65224
Acceso en línea:https://ojs.brazilianjournals.com.br/ojs/index.php/BRJD/article/view/65224
Access Level:acceso abierto
Palabra clave:inflation
exchange rate
stock returns
interest rate
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spelling The effect of macroeconomy towards the infrastructure, utilities, and transportation sector’s stock return in the Indonesian Stock Exchangeinflationexchange ratestock returnsinterest rateThis study aims to identify the effect of macroeconomic variables on stock returns, where macroeconomic fluctuations can affect stock prices and have an impact on stock returns. The macroeconomic variables used in this study are inflation, interest rates (BI rate), and the Rupiah exchange rate against the US Dollar. The population used by researchers is the Infrastructure, Utilities, and Transportation sector in the Indonesian Stock Exchange with a population of 60 companies. The sampling technique used was purposive sampling in order to obtain 37 sample companies. The data processing technique that is used is panel data. The results showed that simultaneously there was a macroeconomic influence on stock returns, and partially there was a significant negative effect between inflation and exchange rates on stock returns, while the interest rate (BI rate) had no effect on stock returns.Brazilian Journals Publicações de Periódicos e Editora Ltda.2023-11-29info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://ojs.brazilianjournals.com.br/ojs/index.php/BRJD/article/view/6522410.34117/bjdv9n11-078Brazilian Journal of Development; Vol. 9 No. 11 (2023); 30530-30540Brazilian Journal of Development; Vol. 9 Núm. 11 (2023); 30530-30540Brazilian Journal of Development; v. 9 n. 11 (2023); 30530-305402525-8761reponame:Revista Verasinstname:Instituto Superior de Educação Vera Cruz (VeraCruz)instacron:VERACRUZenghttps://ojs.brazilianjournals.com.br/ojs/index.php/BRJD/article/view/65224/46660info:eu-repo/semantics/openAccessSimatupang, Frido Saritua2023-11-29T19:06:51Zoai:ojs2.ojs.brazilianjournals.com.br:article/65224Revistahttp://site.veracruz.edu.br:8087/instituto/revistaveras/index.php/revistaveras/PRIhttp://site.veracruz.edu.br:8087/instituto/revistaveras/index.php/revistaveras/oai||revistaveras@veracruz.edu.br2236-57292236-5729opendoar:2024-10-15T16:27:42.741803Revista Veras - Instituto Superior de Educação Vera Cruz (VeraCruz)false
dc.title.none.fl_str_mv The effect of macroeconomy towards the infrastructure, utilities, and transportation sector’s stock return in the Indonesian Stock Exchange
title The effect of macroeconomy towards the infrastructure, utilities, and transportation sector’s stock return in the Indonesian Stock Exchange
spellingShingle The effect of macroeconomy towards the infrastructure, utilities, and transportation sector’s stock return in the Indonesian Stock Exchange
Simatupang, Frido Saritua
inflation
exchange rate
stock returns
interest rate
title_short The effect of macroeconomy towards the infrastructure, utilities, and transportation sector’s stock return in the Indonesian Stock Exchange
title_full The effect of macroeconomy towards the infrastructure, utilities, and transportation sector’s stock return in the Indonesian Stock Exchange
title_fullStr The effect of macroeconomy towards the infrastructure, utilities, and transportation sector’s stock return in the Indonesian Stock Exchange
title_full_unstemmed The effect of macroeconomy towards the infrastructure, utilities, and transportation sector’s stock return in the Indonesian Stock Exchange
title_sort The effect of macroeconomy towards the infrastructure, utilities, and transportation sector’s stock return in the Indonesian Stock Exchange
dc.creator.none.fl_str_mv Simatupang, Frido Saritua
author Simatupang, Frido Saritua
author_facet Simatupang, Frido Saritua
author_role author
dc.subject.por.fl_str_mv inflation
exchange rate
stock returns
interest rate
topic inflation
exchange rate
stock returns
interest rate
description This study aims to identify the effect of macroeconomic variables on stock returns, where macroeconomic fluctuations can affect stock prices and have an impact on stock returns. The macroeconomic variables used in this study are inflation, interest rates (BI rate), and the Rupiah exchange rate against the US Dollar. The population used by researchers is the Infrastructure, Utilities, and Transportation sector in the Indonesian Stock Exchange with a population of 60 companies. The sampling technique used was purposive sampling in order to obtain 37 sample companies. The data processing technique that is used is panel data. The results showed that simultaneously there was a macroeconomic influence on stock returns, and partially there was a significant negative effect between inflation and exchange rates on stock returns, while the interest rate (BI rate) had no effect on stock returns.
publishDate 2023
dc.date.none.fl_str_mv 2023-11-29
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://ojs.brazilianjournals.com.br/ojs/index.php/BRJD/article/view/65224
10.34117/bjdv9n11-078
url https://ojs.brazilianjournals.com.br/ojs/index.php/BRJD/article/view/65224
identifier_str_mv 10.34117/bjdv9n11-078
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://ojs.brazilianjournals.com.br/ojs/index.php/BRJD/article/view/65224/46660
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Brazilian Journals Publicações de Periódicos e Editora Ltda.
publisher.none.fl_str_mv Brazilian Journals Publicações de Periódicos e Editora Ltda.
dc.source.none.fl_str_mv Brazilian Journal of Development; Vol. 9 No. 11 (2023); 30530-30540
Brazilian Journal of Development; Vol. 9 Núm. 11 (2023); 30530-30540
Brazilian Journal of Development; v. 9 n. 11 (2023); 30530-30540
2525-8761
reponame:Revista Veras
instname:Instituto Superior de Educação Vera Cruz (VeraCruz)
instacron:VERACRUZ
instname_str Instituto Superior de Educação Vera Cruz (VeraCruz)
instacron_str VERACRUZ
institution VERACRUZ
reponame_str Revista Veras
collection Revista Veras
repository.name.fl_str_mv Revista Veras - Instituto Superior de Educação Vera Cruz (VeraCruz)
repository.mail.fl_str_mv ||revistaveras@veracruz.edu.br
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score 15,301603

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