Proceedings of the 3rd International Conference on Banking, Accounting, Management and Economics (ICOBAME 2020)

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The Impact of the Covid-19 Pandemic on Share Prices and Trade Volume of Shares in Indonesia Stock Exchange

Authors
Sri Yuli Waryati, Nining Widiyanti, M.G. Suwarni, Adhika Nirwan Nandhya
Corresponding Author
Sri Yuli Waryati
Available Online 13 March 2021.
DOI
10.2991/aebmr.k.210311.021How to use a DOI?
Keywords
Covid-19, abnormal return, trading volume, LQ-45, Indonesia Stock Exchange
Abstract

Purpose of this study is to analyze the comparison of the average abnormal stock returns received by investors and the average stock trading volume activity before and after the announcement of the Covid-19 Pandemic in Indonesia on March 2, 2020 for companies included in the LQ-45 on the Indonesia Stock Exchange. This study uses the average difference test analysis method, and the data analyzed is the average abnormal return of stocks and the average stock trading volume activity in the short-term period, namely ten (10) days before and ten (10) days. after, as well as long-term period data, namely thirty (30) days before and thirty (30) days after the Covid-19 outbreak was announced in Indonesia. Based on the results of data analysis, it states that for both the short and long term periods there are significant differences in the average stock abnormal return and average trading volume activity of LQ-45 company on the Indonesia Stock Exchange after the announcement of Covid-19 on March 2, 2020, which hit Indonesia compared to before Covid-19 was announced.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 3rd International Conference on Banking, Accounting, Management and Economics (ICOBAME 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
13 March 2021
ISBN
978-94-6239-350-9
ISSN
2352-5428
DOI
10.2991/aebmr.k.210311.021How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Sri Yuli Waryati
AU  - Nining Widiyanti
AU  - M.G. Suwarni
AU  - Adhika Nirwan Nandhya
PY  - 2021
DA  - 2021/03/13
TI  - The Impact of the Covid-19 Pandemic on Share Prices and Trade Volume of Shares in Indonesia Stock Exchange
BT  - Proceedings of the 3rd International Conference on Banking, Accounting, Management and Economics (ICOBAME 2020)
PB  - Atlantis Press
SP  - 107
EP  - 111
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210311.021
DO  - 10.2991/aebmr.k.210311.021
ID  - Waryati2021
ER  -