SKRIPSI MBS
Pengaruh Harga Emas, Nilai Tukar, Dan Indeks Dow Jones Terhadap Indeks Harga Saham Gabungan (Ihsg) Selama Pandemi Covid-19 Periode Maret - Desember 2020
ABSTRACK
This study aims to determine the effect of gold prices, exchange rates, and
the Dow Jones Index on the JCI in the Indonesia Stock Exchange. The analysis
method used in this research is multiple regression analysis method conducted with
Eviews 9.0. This study uses daily data during the Covid-19 pandemic for the period
March-December 2020 for each research variable. The results of this study indicate
that the gold price and the rupiah exchange rate have a negative effect on the JCI.
Meanwhile, the Dow Jones Index variable has a positive effect on the JCI. The
results of research that have been conducted indicate that all independent variables
have a significant effect on the JCI. In addition, it is known that the adjusted R2
value is 81.73%, which means that the JCI movement is influenced by the price of
gold, the exchange rate, and the Dow Jones Index. While the remaining amount is
18,27 % likely influenced by other variables, namely inflation, SBI interest rates,
world oil prices, Gross Domestic Product (GDP), other regional stock indexes.
Keywords: Gold Price, Exchange Rate, Dow Jones Index, JCI.
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